The company that owns the TV agencies of Napoli Management and 3 Kings Entertainment has sold its assets to a new company.

BEST, an affiliate of Blue Equity has been sold to Paradigm Entertainment.

Napoli Management Group and 3 Kings Entertainment business lines will become part of newly formed Paradigm Media Entertainment.

Paradigm Media Entertainment is majority owned by Paradigm Entertainment, which has a majority interest in Paradigm Talent Agency.

Paradigm says that the ‘Paradigm Media Entertainment’ entertainment, broadcasting, and marketing businesses will be headed by Napoli Management Group’s Mendes J. Napoli and 3 Kings Entertainment’s Matthew Kingsley.

Paradigm also bought another agency that deals with people in the culinary world.

The company says that Paradigm Media Entertainment will operate from offices in Los Angeles and New York.

For those of you that are repped by either one of these agencies and are wondering, “what does this mean to me?”

Although I have only gotten the press release and haven’t talked to anyone yet, it sounds like the business will go on same as before and you should see no impact at all.

If that seems to not be the case, FTVLive will report that. But, at this point, I don’t think you have anything to worry about.

(Full disclosure: Napoli and 3 Kings are FTVLive sponsors)