Entertainment executive Casey Wasserman has been in talks to buy the music assets of troubled Paradigm Talent Agency, according to two people familiar with the matter. Like other major talent agencies, Paradigm has been hurt by the pandemic, as live events and productions have been suspended. One former partner even sued Paradigm and alleged Sam Gores had improperly used the agency’s money, which he has denied. AdvertisementParadigm, known for its music representation business, has been seen as a potential acquisition target by other large talent agencies, including Creative Artists Agency and United Talent Agency. When the L.A. Times reported in January that CAA had explored buying Paradigm, Gores said his agency was not for sale.

Source: Los Angeles Times May 21, 2020 02:15 UTC