Wasserman retains Moelis to explore agency sale

Casey Wasserman has hired investment bank Moelis & Co. to pursue the sale of his talent and marketing agency. The move comes amid fallout from the public release of flirtatious emails involving Ghislaine Maxwell, associate of Jeffrey Epstein. In a staff memo, Wasserman described the organization as meaningful to him but stated he has become a distraction.

Casey Wasserman, head of the eponymous Wasserman talent and marketing agency, has retained Moelis & Co. to explore a potential sale, according to a confirmation from Deadline. The decision follows recent public disclosure of flirtatious emails between Wasserman and Ghislaine Maxwell, the jailed associate of convicted sex offender Jeffrey Epstein, as part of the Epstein Files. Wasserman recently placed the firm on the auction block while addressing the resulting controversy.

In a memo to staff, Wasserman wrote, “This organization, its leadership and the entire team mean the world to me.” He added that he believes he has “become a distraction” and noted that the process of selling the company was underway.

Moelis & Co. has been active in recent high-profile media deals. The bank currently serves as the lead representative for Netflix in its agreement with Warner Bros. Discovery. Previously, it advised Skydance on its acquisition of Paramount.

The agency, known for its work in talent representation and marketing, faces this transition at a time of scrutiny over Wasserman's past associations. No timeline for the sale has been specified, and further details are expected as the process advances.

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Photorealistic depiction of artists leaving Wasserman agency amid Epstein scandal revelations, with paparazzi and protest signs.
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Artists exit Wasserman agency amid Epstein files revelations

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Several artists have left the Wasserman talent agency following the release of Jeffrey Epstein case files that revealed flirtatious emails between agency CEO Casey Wasserman and Ghislaine Maxwell from 2003. Wasserman expressed regret over the correspondence, stating it occurred long before Maxwell's crimes came to light. The backlash has prompted calls for his resignation and agency rebranding.

Several music artists have demanded accountability from Casey Wasserman, CEO of the Wasserman agency, following revelations of his past communications with Ghislaine Maxwell in newly released Jeffrey Epstein files. Bands including Dropkick Murphys and Wednesday have already parted ways or begun exiting the agency, while others call for his resignation. Wasserman expressed regret but denied any personal or business ties to Epstein.

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Billboard has compiled a list of recent deals in the music industry, including country singer Ian Munsick partnering with Triple Tigers Records and J-pop group Number_i signing with WME. Other announcements involve management agreements for artists like Randall King and Willow Avalon. These moves highlight ongoing activity in artist development and representation.

 

 

 

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