Casey Wasserman's 'drastic move' has insiders questioning company's sale

Thursday night in Beverly Hills, Casey Wasserman hosted an exclusive NBA All‑Star weekend party for about 300 guests, including Comcast CEO Brian Roberts, ESPN chair James Pitaro, LA Clippers owner Steve Ballmer and Netflix’s Bela Bajaria. Twenty‑four hours later he was selling his company.

Some pundits thought that if Wasserman—who remains as Los Angeles 2028 Olympics boss—could survive the week he might hold onto his empire, with one sports biz pro calling the move “drastic.” Others were surprised; he was reportedly tight‑lipped while a memo to his 4,000 staffers, leaked to the Wall Street Journal, said the sale was “already underway.” Insiders are debating how seriously to take the announcement.

“Providence is pissed,” said one source, referring to Providence Equity Partners, which took a controlling stake in Wasserman in 2022.

United States, Beverly Hills, Los Angeles

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