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Agency Aftershocks: What Does CAA-ICM Deal Mean for Future of Talent Representation?

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variety.com
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Matt Donnelly Senior Film WriterAn earthquake hit Hollywood at 8:17 a.m. PT on Sept. 27, but it didn’t register on the Richter scale.Leaders of CAA and ICM Partners spent the weekend in marathon negotiating sessions leading up to that precise moment early Monday when the agreement was clinched for CAA to acquire its smaller rival.

The acquisition promises to shrink Hollywood’s Big Four talent agency landscape down to a Big Three, if regulators approve it.The news caught agency insiders by surprise and rocked Monday morning staff meetings all over town.

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