Overview
- As of March 9, the company’s website redirects to the.team with a statement announcing the rebrand to THE·TEAM and reaffirming its client-service focus.
- Moelis & Company is advising a formal sale process supported by majority owner Providence Equity Partners, with president Mike Watts serving as interim leader.
- Outlets report interest from strategic agencies and private equity firms, though any transaction could take months and may involve a full or partial sale.
- High-profile departures have included pop artist Chappell Roan and soccer legend Abby Wambach, even as the agency continues to represent major music acts and top athletes.
- Casey Wasserman remains chair of the LA28 organizing committee despite calls from elected officials for his resignation, with a Los Angeles City Council resolution set for a vote Friday, March 13.