Hollywood Chews on CAA’s French Connection: Artemis Deal Is Big Win for Leadership Trio But What About Clients and Senior Staff?
variety.comMatt Donnelly Senior Film Writer A studio head once told me that CAA’s top three leaders – Bryan Lourd, Kevin Huvane and Richard Lovett – had claws beneath their velvet gloves.
It was a backhanded compliment, as the CEO was praising the trio’s devotion to their incredibly famous clients while also bemoaning their hard-driving negotiating style.
Those gloves will now be made by one of the biggest luxury fashion houses in the world, as the mega-agency sold a majority stake to Francois-Henri Pinault’s family investment fund Artemis this week.
In a still-incomplete transaction, the French billionaire has snatched up controlling interest in the legendary talent shop and will nestle it in a portfolio that includes Gucci, Saint Laurent and the thousand-dollar–a-bottle winery Château Latour.
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