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Business News Deals Live Business
Burkle buys booking agency
By CMU Editorial | Published on Friday 6 January 2012
US-based booking agency Artist Group International, which represents the likes of Billy Joel, Metallica, Rod Stewart and Linkin Park, has been bought by Yucaipa, the equity group led by Ron Burkle which was linked to bids to buy both Warner and EMI during 2011.
Yucaipa has set up a new business called Y Entertainment Group which will take ownership of AGI. The 25 year old booking agency will remain an autonomous company under its new owners, and will still be led by its founder Dennis Arfa.
