Casey Wasserman Sells Entertainment Agency After Epstein Files Fallout

Casey Wasserman, a prominent figure in the entertainment industry, has announced he is selling his talent agency, the Wasserman Group. This decision follows recent controversies linked to the Epstein files. Wasserman, who is also the chair of the 2028 Los Angeles Olympics, issued an apology to nearly 4,000 employees regarding his past mistakes.

Background of the Fallout

The impetus for Wasserman’s announcement comes after flirtatious emails exchanged with Ghislaine Maxwell were released. Maxwell, a former associate of Jeffrey Epstein, was sentenced to 20 years in prison for sex trafficking in 2022. Although these emails do not imply any illegality on Wasserman’s part, they resulted in a significant reputational decline. Over two dozen clients, including musicians and performers, have publicly denounced him or sought alternative representation.

Client Reactions and Industry Impact

• Chappell Roan, Grammy-winning singer, stated she will leave the agency unless Wasserman steps down.
• Other notable clients distancing themselves include Orville Peck, Bethany Cosentino of Best Coast, and Abby Wambach.
• Many industry figures criticized Wasserman’s past, highlighting the need for accountability.

Despite the backlash, the executive committee for the 2028 Olympic Games expressed their support for Wasserman, asserting that he would continue to lead the Summer Games organizing committee. They undertook a review of his past interactions with Epstein and Maxwell before reaching this decision.

Wasserman’s Statements and Future Plans

In his memo, Wasserman expressed regret for the discomfort his past actions have caused. He emphasized that his interactions with Epstein were limited and occurred before the criminal elements of Epstein’s activities were known. As part of the ongoing turmoil, he has stepped back from day-to-day operations, transferring control to President Mike Watts while the agency is put up for sale.

Wasserman founded his agency over two decades ago, and it has since grown to represent a variety of artists. The roster includes well-known acts like Coldplay, Ed Sheeran, and Kendrick Lamar. Following the recent events, the organization faces a critical period as the sale progresses and client relationships are assessed.

As Wasserman navigates these uncharted waters, the entertainment industry is watching closely. The implications of his past interactions could have far-reaching effects on his agency’s future and the upcoming Olympic Games.