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Talent Representation

All articles tagged with #talent representation

entertainment1 year ago

"A3 Artists Agency Ceases Operations After Sale to Gersh"

A3 Artists Agency, a talent representation business, is set to shut down next week following a lawsuit against majority owner Adam Bold. The agency, which represents clients like Lorraine Bracco and Anthony Michael Hall, will cease operations due to an inability to continue operating in a sustainable manner. The lawsuit accuses Bold of running the business into the ground, drug use, and sexual harassment, which he denies. Employees will receive final paychecks and extended benefits, while the future of the agency's digital representation assets remains uncertain.

via Variety|
#a3-artists-agency#adam-bold#entertainment
entertainment2 years ago

"The Power Players Shaping Hollywood's Deals in 2023"

Despite challenges such as strikes and economic uncertainty, Hollywood dealmaking in 2023 saw billion-dollar mergers, acquisitions, and opportunities in podcasting and endorsements. Key players in the industry included lawyers, bankers, representatives, and executives who negotiated major deals, such as the merger of UFC and WWE, Microsoft's acquisition of Activision Blizzard, and Lionsgate's purchase of Hasbro's Entertainment One. While dealmaking slowed down, there is optimism for increased activity in 2024, with a focus on consolidation, live events, and AI. Talent agencies also made big moves, diversifying revenue streams and making acquisitions. Additionally, stars turned to equity-based endorsements, and the podcasting sector faced challenges but still made notable deals.

via Hollywood Reporter|
#dealmaking#entertainment#hollywood
business2 years ago

Gersh's Private Equity Boost Fuels Verve Overture

Gersh agency, which recently sold a 45 percent stake to Crestview Partners, is reportedly looking to acquire a rival agency, with Verve being one of the potential targets. However, Verve has stated that they declined Gersh's invitation to meet and there has been no further communication. Gersh is also considering investments in live entertainment, sports, and music representation. This comes as larger talent agencies like CAA, WME, and UTA have been making acquisitions to expand their services, while smaller agencies are seeking to scale up and compete with the industry's major players.

via Hollywood Reporter|
#acquisitions#business#gersh-agency