Marshmello‘s manager Moe Shalizi is leaving Red Light Management and starting his own firm, sources tell Billboard.
Shalizi, 28, is taking all of his clients with him, including Marshmello, sources say. His other acts include Jauz, Ookay, Slushii, Ghastly, Sikdope and Southside of 808 Mafia. Shalizi declined to comment.
Shalizi began his career in music promoting his own dance music parties in Corona, California, when he was 21 and a student at University of California, Riverside. That developed into an event series and soon he began managing some of the artists he was booking. In 2014, his newly signed client Jauz had a breakout dance hit with “Feel the Volume” and the following year Shalizi joined Red Light Management.
In 2015, Shalizi and an unknown DJ and producer also debuted the Marshmello persona, which has since become iconic in the genre and marks one of modern music’s biggest success stories. This year, Shalizi helped Marshmello earn $44 million while remaining an independent artist, working with labels on a single-by-single basis. He has over 39 million monthly Spotify streams currently, making him the platform’s 13th most popular act.
At time of publishing Marshello’s YouTube account was the platform’s 36th most-subscribed channel with nearly 22.5 million subscribers. His social media following is equally impressive, touting 14.1 million on Instagram, 6.1 million on Facebook and 1.32 million on Twitter.
Speaking with Forbes earlier this month, Shalizi forecasted Marshmello will earn around $50 million in 2019 and teased aspirations of turning the DJ and producer’s business into a publicly traded company.
Additional reporting by Hannah Karp and Dave Brooks.