Wasserman Music Internal Operations Calming Down Following Epstein Fallout
A report from Variety cited anonymous sources with direct knowledge of what’s happening inside the major agency
After Casey Wasserman agreed to sell his agency following his mention in the Epstein files, sources have told Variety that Wasserman Music is finding its footing.
The details:
Executives and “many” artists are waiting to see how the sale of the agency unfolds before making a decision whether to leave the company.
Executives have signed contracts with the agency limiting their options in terms of leaving. Artists have not signed such contracts.
The agency will reportedly have a new name by as early as next week, but the sale will take months.
Chappell Roan and Laufey are among the artists who have already officially left.
Sara Bareilles, SZA, and Imagine Dragons are major artists who are considering leaving.
Roan’s agents, Kiely Mosiman and Jackie Nalpant, have resigned.
An individual or private equity firm is the most likely buyer for the agency at this time.
Background:
While assuring the legitimacy of its sources, Variety highlighted that the situation involving Wasserman and Epstein has been fraught with misinformation, and that details around an artist leaving an agency are often more complex than reported:
“The process of an artist leaving an agency is often hazy — sometimes they’ll join another agency in a certain area or territory and remain with the previous agency in others, if only for a certain time,” the article reads. “It is also not outside the realm of possibility that artists and the two agents who have left could return to the agency when it is under new ownership and/or name.”
👋 Disclosures & Transparency Block
This article was written with information sourced from Variety.
We covered it because Wasserman’s mention in the Epstein files is a major story in the music industry.
