But remember, it’s discretionary, taking into account not just the value of an agent’s book of business but their perceived value to the company.
And this year there’s an added wrinkle: All those ICM Partners people that came over in the acquisition-many of them on one-year contracts that replaced a big chunk of their ICM salaries with discretionary bonuses-are about to find out how much their new business daddies love them.ĬAA’s $750 million acquisition of ICM only closed in June, thanks to that lengthy government review, so most of the bonus calculations for those agents will be off pre-CAA deals. The CAA leaders- Bryan Lourd, Richard Lovett, and Kevin Huvane-have been telling people it’s been a record year, though I’ve never met an agent who was totally satisfied with their bonus. Get excited! CAA typically goes first among the majors, in October or early November, doling out the chum of the year to its sharks.
“I’m humbled to have this incredible opportunity to expand on those relationships and introduce new ones, while working with (WME’s) Ari Greenburg, Dan Limerick, and the entire management team to create further value for our clients.The fiscal year ends on Friday, which means it’ll be bonus season at the Hollywood talent agencies. I’ve had the privilege of working with some of the most talented artists, agents, and industry executives for over 25 years,” Weitz said. “WME is home to me, and I’m thrilled to carry on its century-long history and help set the course for its next 100 years. The events became hot-tickets on Hollywood’s social calendar during the hardest months of the pandemic. Weitz’s long track record at WME took a new turn during the pandemic when the WME partner and his teenage daughter, Demi, launched the RWQuarantunes series of fundraising virtual concert performances that generated more than $35 million for pandemic-related causes.
“I look forward to leveraging the full scale and depth of Endeavor’s network on our clients’ behalf, forging connections and creating opportunities to help them build industry-leading brands and businesses.” “Having started my journey at WME, I’ve had a front row seat to the evolution of the entertainment business and the growing influence of talent in shaping it,” Muirhead said. Muirhead joined WME in 2004 and was named chief communications officer for Endeavor in 2014. “Lloyd has left an indelible mark on WME and laid a strong foundation for the future.”
“I would like to thank Lloyd for his leadership over these past three years, navigating WME through the pandemic and setting the agency on course for its best financial year on record,” said Shapiro. He joined WME in 2019 as parent company Endeavor was preparing to go public. Braun has had a long career as a TV and digital content executive.
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