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Business News Deals Live Business
UTA reportedly in advanced talks to buy The Agency Group
By Chris Cooke | Published on Wednesday 19 August 2015
Having been busy busy buying up other booking agencies over the years, rumour has it The Agency Group may now be bought itself, by the United Talent Agency, which seemingly wants to boost its credentials in music, it being generally better known for representing actors and writers.
Some of those pesky sources have told Billboard that negotiations for UTA to acquire TAG are now at an advanced stage. While making UTA a major player in music overnight, the deal would presumably pay healthy dividends to TAG’s owners, vindicating their ambitious expansion strategy of recent years. Needless to say, neither side in the deal-making have as yet commented.
