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Björn Deparade co-founded Wasted Talent Entertainment GmbH in 2014, initially managing and breaking the band "Milky Chance“ internationally, making them one of the very few German music exports achieving gold- and platinum status in the United States, Canada, Mexico, Germany, Australia, New Zealand and many more. Besides working with several recording and touring artists, Wasted Talent Entertainment also manages the careers of songwriters and producers such as Tobias Kuhn (Die Toten Hosen, Clueso, Mark Forster). The new founded sister company Wasted Talent Publishing GmbH signs and develops songwriters and administrates their copyrights worldwide in partnership with Kobalt Music.