Overview
- Wasserman is selling his ownership in the talent and marketing firm, relinquishing management duties and handing day‑to‑day operations to Mike Watts.
- Majority owner Providence Equity supports the transition and is planning a rebrand of the company, according to new reports.
- The move follows client departures by figures including Chappell Roan, Orville Peck and Abby Wambach after renewed attention from released Epstein and Maxwell records.
- Wasserman apologized for earlier personal mistakes, said his email exchanges with Ghislaine Maxwell are more than two decades old and denied any personal or business relationship with Jeffrey Epstein.
- LA28’s board recently cited an independent review that found his contacts did not exceed what is publicly known, while the IOC has indicated it will follow up on the situation.