April
14
Agency Moves Reflect Anxiety
John Horn gives a strong analysis of why the agencies have been so skittish lately, with more moving around of the musical chairs than usual. The agency moves, which, Horn reports, favor agency-on-the-rise Endeavor over UTA, are a reflection of an industry that is anxious about its future, he writes. Not only are agencies themselves consolidating and realizing that they cannot sustain inflated incomes and expenditures, but agents are having to tell their clients that their prices are going down.
UPDATE: Michael Fleming in Weekly Variety points out that where UTA client Judd Apatow winds up is the key question going forward:
The next big battleground among percenteries could well be comedy hyphenate Judd Apatow, the longtime UTA client who was labeled as “in play” when the three agents moved to Endeavor.It will be important for UTA to demonstrate stability, because both Endeavor and CAA will be coming hard after the one-man comedy factory.
Stevens worked on Apatow’s team at UTA, but he has a bad relationship with Apatow’s manager, Jimmy Miller, stemming from the exit of Jim Carrey. But Miller has a strong relationship with Endeavor chief Emanuel, with whom he steers the career of Baron Cohen.
CAA will emphasize the presence of Dan Aloni, who was part of Apatow’s rep team while he was at UTA.
At UTA, Apatow’s primary rep is David Kramer, considered one of the best dealmakers at the agency.
[Photo montage courtesy LA Times]
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