Jeff Berg's Resolution Losing Music Agent Terry Rhodes (Exclusive)

7:19 PM PST 07/29/2014 by Austin Siegemund-Broka
Gabriel Bouys/AFP/Getty Images
Jeff Berg

UPDATED: Rhodes, whose clients have included the Beach Boys and Bryan Adams, is the latest exit from the startup agency.

Veteran music agent Terry Rhodes is leaving Jeff Berg's Resolution, according to sources.

Rhodes, whose clients have included Bryan Adams and the Beach Boys, is the latest to transition out of the young agency founded by former ICM chairman Berg. Steve Alexander left Resolution earlier this month and joined ICM Partners, taking with him clients including David Duchovny. Earlier this year Resolution saw the departures of COO Jeff Franklin, television literary agent Dennis Kim, and agents Leigh Brillstein, Adam Kanter and Martin Spencer.

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Where Rhodes is headed is unclear. He had co-run ICM's contemporary music division since 1999 before he left for Resolution, but he no longer represents the Beach Boys.

Berg, who exited ICM in 2012 after a four-decade career there, established Resolution in January 2013 with backing principally from financier and Phoenix Suns part-owner Jamn Najafi. Franklin led the agency's music division, of which Rhodes was a part, until his departure, and the department has no current head.

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Berg announced in March that the Beijing-based Bison Capital Holdings has taken a stake in the agency, the first time a Chinese company has invested in an American talent agency. Bison's founder Peixin Xu is an independent director of China's largest privately owned film distributor, Bona Film Ltd., which is partly owned by News Corp. News Corp. China Investments CEO Jack Gao would be joining Resolution's board of directors, it was announced at the time.

Correction: An earlier version of this story identified Steve Schenck as the head of Resolution's music division.

Email: Austin.Siegemund-Broka@THR.com
Twitter: @Asiegemundbroka

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