Fairness Rocks News Talent Agencies’ Fight With Writers May Impact IPO Plans


Fairness Rocks News Talent Agencies’ Fight With Writers May Impact IPO Plans

Home Industry News Talent Agencies’ Fight With Writers May Impact IPO Plans

Author: Paul Bond

Date: April 24, 2019

Original Source: Hollywood Reporter

Industry News

Talent Agencies’ Fight With Writers May Impact IPO Plans

When the Writers Guild of America sued the four major agencies April 17 over packaging fees, it was a major escalation in a war that has upended talent-representative relationships. But even if WME, CAA, UTA and ICM beat the lawsuit, they may already be losing in one respect: The guild’s move to end an “illegal kickback” could effectively put on ice — or at the very least, slow down — any ambitions for public offerings.

Read more: https://www.hollywoodreporter.com/news/talent-agencies-fight-writers-may-impact-ipo-plans-1204251