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Providence Equity Partners is making an additional investment in THE•TEAM, a global sports, music, and entertainment company, to acquire founder Casey Wasserman's remaining ownership stake. The transaction follows a competitive sale process with multiple bidding rounds. Providence first invested in THE•TEAM in 2022. The firm's additional investment reflects continued confidence in the company's strategy and growth prospects. Michael Watts, who has served as president since 2014 and assumed day-to-day control in February, will become chief executive officer upon transaction close. Wasserman founded the company in 2002 and led its growth into a global marketing and talent representation business. The transaction is expected to close in the second half of 2026. Financial terms were not disclosed.

Latest music industry hires: celestion, The Team, UnitedMasters, Merlin, Virgin, Version III, Country Music Hall of Fame, more. Latest music industry hires: celestion, The Team, UnitedMasters, Merlin, Virgin, Version III, Country Music Hall of Fame, more dylan smith august 14, 2026. Here's a recap of recent music industry hires and in-house promotions as of August 14th, 2026. If you have a job shuffle to share, we're all ears. Send us a note to [email protected]. If you'd like to post a job on our Job Board, just send us a request to [email protected]. And, keep track of all the latest music industry hires here. Celestion. Celestion has welcomed longtime Tube Amp Doctor higher-up Torben Müller as business development manager. The Team. In Los Angeles, The Team has added David Valdez and Danielle Diab, both joining from Live Nation, as tour marketing directors. And in its artist services group, the agency formerly known as Wasserman has upped Sophie Maltby to associate director of integrated music and sports partnerships. UnitedMasters. Ex-Warner Records marketing exec Todd Perry II has stepped in as UnitedMasters' VP and head of artist marketing, while Luca Zanello, previously with Roc Nation, has come aboard as head of brand and sync partnerships. Also signing on is Goldie Harrison (who returns to the company following a stint at Empire) as head of commerce and former Def Jam A&R professional Jason Peerless as artist and label operations VP. Merlin. After the better part of two decades in Warner Music's legal department, Jon Glass is now Merlin's general counsel. Virgin music group. Having spent about 13 years with Believe, Syaheed MSBI has been tapped to serve as Virgin's first VP for Africa, the Middle East, and Asia (AMEA). Version III. Warner Records streaming VP Ben Farber has exited the major "to dedicate his full attention to" Version III, the "100% independent" indie that he co-founded in 2021. Country Music Hall of Fame. The Country Music Hall of Fame and Museum has elevated Kelly Campbell (who's been part of the team for five years) to associate director of brand marketing and boosted Becca D'Hilly (one year) to associate director of revenue marketing. Nixon Peabody. Nixon Peabody has hired Matt Finkelstein as a partner; the veteran IP and entertainment attorney will lead the firm's music practice. Tape Room music. After six years with Tape Room, Caroline Hodson has risen to A&R VP. Hey Now Records. And at Hey Now, ex-Elektra A&R director Dilan Ames has formally been announced as A&R VP, with former Play It Again artist manager Alyssa Ramsey joining as artist development director.

Marty Diamond, EVP & Managing Executive the.team, to be honored as international Music Person of the Year at musexpo 2027. MUSEXPO (www.musexpo.net), the renowned global music business conference and showcase event will celebrate its landmark 27th global edition from March 21-24, 2027, returning to the "Media Capital of the World," Burbank, California. As part of a weeklong series of premier industry events, including the Global Sync & Brands Summit, the A&R Summit, and other exclusive programming, MUSEXPO will once again unite the world's leading executives, creators, entrepreneurs, innovators, and artists to explore the future of music, entertainment, media, and technology. As part of its 2027 programming, MUSEXPO is proud to announce that Marty Diamond, EVP & Managing Executive at THE·TEAM, will be presented with its prestigious "International Music Person of the Year" award. The honor will take place on Tuesday, March 23, 2027, during a special VIP Awards Luncheon at the iconic Castaway in Burbank. The event will bring together distinguished executives, artists, managers, agents, promoters, and industry leaders from around the world to celebrate Marty's extraordinary contributions to the live global music business. Official proclamations will also be presented by representatives from the State of California, the County of Los Angeles, and the City of Burbank in recognition of Marty's exceptional career, enduring influence, and remarkable impact on the worldwide music industry. Prior to the luncheon, MUSEXPO will host an exclusive keynote conversation with Marty Diamond, offering attendees an insightful look into his remarkable journey as one of the most respected and influential booking executives in modern music history. The conversation will explore his philosophy on artist development, the evolution of the global touring business, and the leadership principles that have defined his extraordinary career. Marty Diamond is widely recognized as one of the music industry's most legendary live entertainment executives and among its most influential booking agents. Throughout a career spanning several decades, he has earned an unparalleled reputation for identifying generational talent, building enduring artist careers, and creating the touring strategies that have transformed emerging acts into global superstars. As EVP & Managing Executive at THE·TEAM, Diamond continues to help shape the future of live entertainment while representing many of the world's most successful touring artists. Prior to joining THE·TEAM, Diamond served as Head of Global Music at Paradigm Talent Agency, where he played an instrumental role in expanding the agency's worldwide presence and artist roster. His visionary approach to artist representation, combined with an unwavering commitment to long-term career development, has earned him multiple Pollstar "Agent of the Year" honors and widespread recognition as one of the industry's most accomplished executives. Diamond has played a pivotal role in THE·TEAM's establishment and accelerated growth while overseeing an extraordinary roster that includes some of music's biggest touring artists, such as Coldplay and Ed Sheeran, alongside today's most exciting global stars, including RAYE, Tyla, and FLO. His distinguished client roster also features acclaimed artists including Alessia Cara, Bastille, Blur, Damien Rice, David Gray, Liam Gallagher, Lorde, Louis Tomlinson, Sia, Sigur Rós, and Wet Leg, as well as rising talents including Niko Rubio, Cat Burns, Dylan, Elyanna, Lovejoy, Ryan Beatty, and Slayyyter. Driven by a lifelong passion for artist development, live performance, and global touring, Diamond has consistently demonstrated an extraordinary ability to guide both stadium-level superstars and the next generation of culture-defining artists. His leadership, strategic vision, and unwavering dedication to the artist community have made him one of the most respected figures in the international live music business. Sat Bisla, President & Founder of A&R Worldwide and MUSEXPO, stated, "Marty Diamond has helped define the modern global touring business through his exceptional vision, integrity, and unwavering commitment to artists. Throughout his remarkable career, he has played an instrumental role in developing many of the world's most successful live acts while continually championing emerging talent destined for international success. His leadership, innovation, and lasting impact on the worldwide music community make him an exceptionally deserving recipient of MUSEXPO's "International Music Person of the Year" honor. We are delighted to celebrate his extraordinary achievements and enduring contributions to the global music industry." Past recipients of MUSEXPO's "International Music Person of the Year" honor include some of the music industry's most influential global executives, including Kirk M. Sommer (WME), Monte and Avery Lipman (Republic Records), Jacqueline Saturn (Virgin Music Group), Mandar Thakur (Times Music Group, India), Daniel Glass (Glassnote Entertainment), Alexandra Patsavas (Netflix), Steve Schnur (Electronic Arts), and Harvey Goldsmith (Live Aid, Live Earth), Lisa Worden (iHeartMedia), amongst others. For more details about MUSEXPO 2027, speaker updates, showcase opportunities, and event registration, please visit www.musexpo.net. device: pc