The Endeavor-owned representation giant acquired Red 11 Music, a Nashville-based talent firm, and will bring over its CEO Jon Folk and clients.
All employees from Red 11 — agent Geoff Turner, coordinators Josh Green, Dan Kuklinski and Jeremy Upton and agent assistant Lindsey Wines — are said to be joining WME’s Nashville office. With the Red 11 deal, the Endeavor company will have 65 agents based in Nashville along with 25 partners.
The deal marks the latest acquisition for WME, which has had a presence in Music City since 1973 during its William Morris Agency days. The firm’s Nashville office is led by co-heads Becky Gardenhire, Joey Lee and Jay Williams. Lee himself had joined WME via an acquisition, when his 360 Artist Agency was bought by the Ari Emanuel-run firm in 2010. That deal, the last time WME bought a boutique Nashville talent firm, brought client Miranda Lambert and other country stars into the fold.
Touring has been touted as a highlight for WME’s representation unit . Endeavor chief Emanuel said on an earnings call on February 28 that WME booked 40,000 music engagements in 2022 during a post-pandemic “recovery of live entertainment such as music and comedy touring.” If more than 50 percent of WME’s revenue is from non-film or TV clients, as CFO Jason Lublin noted to investors in February, then a chunk of that remainder would likely be from touring and concert bookings. (The boom year in 2022 saw Live Nation, the Ticketmaster owner, post concert revenue of
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Universal Music Group tells streaming services to block AI-generated musicSources close to Universal Music Group say that it has been sending out requests to take down AI-generated songs “left and right” after an increase in such songs on platforms across the web.
Read more »
Friday Music Guide: New Music From SZA & Doja Cat, Post Malone, Metallica and MoreFrom SZA & Doja Cat's new collab to Metallica, check out all this week's best new music in Billboard's FridayMusicGuide.
Read more »
Universal Music Asks Streaming Services to Block AI Access to Its SongsThe world’s largest music company, Universal Music Group, is asking major streaming services like Spotify and Apple Music to block artificial intelligence companies from using its music to “train” …
Read more »
Rihanna buys LA penthouse once owned by Matthew Perry for $21MRihanna, now pregnant with her second child, purchased a penthouse inside The Century in Los Angeles that measures 9,300 square feet — perfect for her family.
Read more »
Alameda briefs: Church’s annual Spring Boutique fundraiser April 22Proceeds will help support outreach activities, including a monthly dinner for the Island’s unhoused and food-challenged residents.
Read more »
Apartment builder buys site in Allen’s The Farm developmentA Kansas City apartment company has purchased a development site in an Allen mixed-use community. The almost 4-acre property is part of a 135-acre mixed-use...
Read more »