Talent Agency Exodus Isn’t Quite What It Seems

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Though the same major talent agencies have ruled for decades, it’s not as if new entrants haven’t come along and tried to reshape the representation hierarchy in Hollywood. Think back to CAA co-fou…

Less obvious is the underlying discontent toward the change in the uberagency model, which has broadened away from client representation to tangential business lines like content production and live sports events . That’s just not the business model that some agents signed up for.

Managers also have fewer rules than agents to play by — managers can produce and have their name on projects, which opens up the door for new and potentially lucrative opportunities, for example. The funny thing is though, agents have always had a tendency to look down on managers as a lower rung on the Hollywood ladder. That said, this moment hardly represents the first time agents have switched to this lesser position, though the success stories that have emerged from such transitions are few and far between. has been circulating, touting the promise of reinventing the business model by which talent can participate in revenues.

True, it is still early days for these new management ventures, and we should be careful not to overestimate the power of pull some of these former agents have at their new homes. The New York Post in late August reported that sources

 

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