Beyonce has moved her music touring business from ICM to CAA’s music department, TheWrap has learned.
The Grammy-winning singer had originally been with CAA before she departed for ICM in 2006, where she became one of the firm’s signature music clients.
Her “On the Run” tour last year with husband Jay Z grossed more than $100 million from 19 shows, making it one of the most successful tours ever.
There is no indication that Beyonce has parted ways with her long-time theatrical agent at ICM, Andrea Nelson Meigs. As an actress, her credits include “Dreamgirls” and “Obsessed.”
Her return is a refreshing piece of good news for CAA, which suffered multiple client losses earlier this year with a mass exodus of agents to rival UTA.
In addition to the departure of a group of senior agents — Jason Heyman, Martin Lesak, Greg Cavic, Nick Nuciforo and Gregory McKnight — CAA also high-profile clients including Chris Pratt, Will Ferrell, and Adam McKay.
In addition, Kanye West dropped his longtime CAA agent Cara Lewis in March and made the move to UTA. An individual with knowledge of West’s agency move told TheWrap at the time that West felt CAA wasn’t delivering for him in areas outside of touring, which represented the agency’s best chance to generate income for the outspoken musician.