METALLICA, RUSH, DEF LEPPARD, MÖTLEY CRÜE Booking Agent Acquired By Yucaipa
January 5, 2012, 12 years ago
According to Billboard.biz, Artist Group International (AGI), the leading independent music booking agency whose clients include METALLICA, RUSH, DEF LEPPARD, MÖTLEY CRÜE and VOLBEAT, has been acquired by the Yucaipa Companies' newly formed music and entertainment vehicle, Y Entertainment Group LLC.
AGI was founded 25 years ago by Dennis Arfa, who will continue to lead the agency as CEO. AGI is perennially ranked among the top five music agencies in the business, based on numbers reported to Billboard Boxscore, and has been a finalist for the Top Agency award at the Billboard Touring Awards several times.
Arfa tells Billboard.biz that the entire New York-based AGI staff will remain intact, and the company will continue to operate autonomously under its new ownership. "We're all looking forward to the next several years together," he says. While he declined to divulge the sale price, Arfa did say he was "very happy, and any agent in the music business would be, too."
Read more at Billboard.biz.
