Entertainment

What CAA Looks To Gain From Its Deal To Buy ICM Partners – Deadline


CAA’s acquisition of ICM Partners, the most important shakeup within the Hollywood illustration area in over a decade, continues a practice of consolidation within the company enterprise. CAA and Endeavor each  have been launched by star brokers who left established powerhouses WMA and ICM, respectively. The quickest approach to develop is thru acquisition or merger. Since measurement is essential within the cutthroat company enterprise, right here is how CAA would scale up in several areas if its acquisition of ICM Partners goes by way of.

Before ICM bought the Stellar Group in October 2020, their annual billings have been estimated to be round $200M, fueled by TV, TV lit and its publishing divisions. Based on that, business insiders estimate that CAA possible shelled out greater than $550M for ICM. ICM has places of work in New York, Los Angeles and London, with roughly 400-plus staff. The company doesn’t have a Nashville or China outpost. CAA has greater than 2,000 staff, with regional places of work in Nashville, Beijing, Shanghai, Atlanta, Charlotte, Chicago, Dallas, Denver, Geneva, Jacksonville, Las Vegas, Memphis, Miami, Munich, Orlando and Stockholm to go along with outposts in New York and London and headquarters in Century City.

CAA shall be strengthened above the road, but in addition under it: ICM Partners has a strong division repping below-the-line expertise and craftsmen.

SAG-AFTRA Says It “Will Carefully Scrutinize” CAA-ICM Partners Deal

MOTION PICTURE TALENT: CAA already featured the highest expertise roster on the town with shoppers together with Jennifer Aniston, Tom Cruise, Jamie Foxx, Sean Penn, Brad Pitt, Daniel Craig, Chris Hemsworth, Viola Davis, Robert De Niro, Anne Hathaway, Scarlett Johansson, Nicole Kidman, Will Smith, Sylvester Stallone, Kate Winslet, Jessica Chastain, Julia Roberts, Margot Robbie, Reese Witherspoon, Josh Brolin and Ryan Gosling, to call a number of from its A-list roster. Up and comers embody Anya Taylor-Joy, Vanessa Kirby, Billy Porter, Florence Pugh, Simu Liu, Constance Wu, latest Emmy winner Evan Peters, Ana de Armas and final yr’s Emmy winner and Dune/Spider-Man star Zendaya.

In latest years, ICM Partners has not targeted as a lot on film stars however nonetheless includes a roster of busy shoppers that features Rebecca Ferguson, Samuel L. Jackson, Tatiana Maslany, Steve Martin, Michael Keaton and up to date Emmy winner Olivia Colman. The additions additionally will assist CAA’s capability to assemble and populate film and TV packages which they then promote to distributors and broadcasters for optimum leverage. Recent examples: two Knives Out sequels with Rian Johnson and Daniel Craig promoting to Netflix in the $450 million range and the Will Smith-fronted Emancipation, which offered to Apple.

ICM additionally will carry to CAA a number of notable working actors together with John Cena, Alec Baldwin, Chris Rock, Chris Tucker, Jeff Daniels, John Travolta, Cillian Murphy, Pete Davidson, Christoph Waltz, Sam Neil, Martin Sheen, Topher Grace, Paula Patton, Giancarlo Esposito, Jeff Goldblum, Elijah Wood, Katie Holmes, Patrick Stewart, John Cusack, Christopher Walken, Holly Hunter, Nathan Lane, Michael Caine, Bradley Whitford, Orlando Bloom, Regina Hall, Marcia Gay Harden, Regina King, Kathy Bates, Bill Pullman, Laura Linney, Josh Duhamel, Alfre Woodard, Alan Arkin, Ken Jeong, William Hurt, Goldie Hawn, Melissa Leo, John Turturro, Harvey Keitel, Taye Diggs, Jean Reno, Anthony LaPaglia, Joe Mantegna, Marc Maron, Frank Langella, Ray Romano, Jacki Weaver, James Spader, Ty Burrell, Jesse Tyler Ferguson, Ellen DeGeneres, Julie Bowen and lots of extra.

MOTION PICTURE DIRECTORS
ICM has William Friedkin, Sofia Coppola, Spike Lee, Tom Hooper, Woody Allen, Lisa Cholodenko, Stephen Frears, David Mamet, Elaine May, Julie Taymor, Rob Reiner, Peter Weir, and indies like Mark and Jay Duplass, Jim Jarmusch, and CODA‘s Sian Heder. Along with vets like Brian De Palma, Walter Hill and John Woo and expertise on the rise like Brandon Cronenberg, Wallace Wolodarsky & Maya Forbes, and Cooper Raiff.

CAA has a stellar roster of filmmakers which incorporates Steven Spielberg, Francis Ford Coppola, Kathryn Bigelow, Ava DuVernay, Denis Villeneuve, Todd Phillips, Rian Johnson, the Russo Brothers, Taika Waititi, James Wan, Olvia Wilde, Paul Thomas Anderson, Matt Reeves, Zack Snyder, Justin Lin, and David Leitch amongst them. Even with their concentrate on TV, ICM nonetheless has a robust roster of writers and administrators who bounce from TV to movie initiatives together with Dan Trachtenberg, Jenny Lumet and Michelle MacLaren to call a number of.

MOTION PICTURE LIT
ICM Partners is robust on TV showrunners, not that deep in screenwriters. They do have Aaron Horvath and Michael Jelenic (co-directors of Illumination/Nintendo’s Super Mario Bros. film), Eric Pearson (scripted Thor Ragnarok, Black Widow and Godzilla vs. Kong), Gary Dauberman (It franchise, Annabelle franchise), Chris Morgan (Fate of the Furious, Hobbs & Shaw), Akela Cooper (Malignant), Oscar nominated scribe Vanessa Taylor (The Shape of Water), Matt Sazama (Morbius), and Matt Robinson (Star Wars: Rogue Squadron). CAA has a strong screenwriter roster that features Mark L. Smith (The Revenant), Andrea Berloff, Krysty Wilson-Cairns, Glenn Ficarra & John Requa, Tony Gilroy, Mindy Kaling, John Logan, Scott Frank, Chris Terrio, Daniel Casey and Michael Waldon, to call just some.

TV LIT
Representation of TV writers-showrunners has been one of many strongest areas of ICM Partners because the 2006 acquisition of boutique lit company Broder Webb Chervin Silbermann. While the profitable writer-driven packaging charges are going by the wayside after lining Hollywood company coffers for many years, the present arms race for expertise has pushed up total deal costs. Top showrunners at the moment are commanding high-eight or nine-figure pacts, and ICM will carry a roster that options a number of high earners together with Shonda Rhimes, Ted Lasso’s Bill Lawrence, Breaking Bad’s Vince Gilligan, The Good Doctor’s David Shore and The Handmaid’s Tale’s Bruce Miller. They would be a part of CAA’s formidable lineup that features such A-listers as Ryan Murphy, J.J. Abrams, Alex Kurtzman, Kenya Barris, Seth MacFarlane, Lee Daniels, Sam Esmail, Courtney Kemp, the Russo brothers and the Duffer brothers.

NON-SCRIPTED TV
Representation of non-scripted creators, showrunners and expertise has turn out to be an more and more necessary a part of the company world, given the growth lately. ICM brings collectively groups behind main community exhibits similar to ABC’s Dancing with the Stars, Fox’s Lego Masters and CBS’ Undercover Boss in addition to the likes of Ellen DeGeneres’ A Very Good Production, which is behind Ellen’s Game of Games and Little Big Shots, in addition to The Masked Singer and I Can See Your Voice expertise Ken Jeong. The company has additionally been staffing up on the non-scripted aspect during the last 18 months, bringing in Brian Speiser from APA and Justin Ongert from WME, alongside Courtny Catzel and Shade Grant, co-heads of its New York non-scripted programming and Michael Kagan, associate and head of worldwide tv. The query shall be how ICM suits along with CAA’s group, led by Head of Alternative TV Group Alan Braun. The firm reps non-scripted heavyweights similar to Gordon Ramsay, The Masked Singer host Nick Cannon, American Idol creator Simon Fuller and the creators behind The Amazing Race in addition to Emmy winner Rupaul Charles and Big Brother producer Fly on the Wall Entertainment.

SPORTS
The acquisition would create a dominant juggernaut in illustration of athletes because it combines CAA — persistently ranked because the Most Valuable Sports Agency by Forbes –with ICM, which was fifth on the checklist final yr following the acquisition of soccer powerhouse Stellar Group. The addition of ICM Stellar Group’s roster of 800+ shoppers, together with a few of the high soccer gamers on the earth, would enhance the weakest space in CAA’s athlete illustration. ICM Stellar was sixth in soccer in 2020, whereas rating No.1 in NFL, NBA, second in hockey and fourth in baseball. ICM earlier this yr additionally acquired NFL Agency Select Sports Group whose shoppers would be a part of CAA’s in depth soccer portfolio.

STAGE
Both CAA and ICM have vital rosters of theater shoppers, as evidenced, for instance, by the nominees and winners of final evening’s Tony Awards. Among these on the CAA aspect have been playwrights Matthew Lopez, whose The Inheritance gained the award for Best Play; Bess Wohl, whose Grand Horizons was a Best Play nominee; and the Pulitzer Prize-winning Katori Hall, Tony-nominated for her ebook for Tina – The Tina Turner Musical. Kenny Leon was nominated for his route of the Best Play Revival winner A Solider’s Story. ICM’s roster of Tony nominees included Slave Play creator Jeremy O. Harris and such actors as Blair Underwood, Laura Linney, Joaquina Kalukango and John Benjamin Hickey. Of the ICM nominees, two gained Tonys final evening, each for Moulin Rouge! The Musical: lighting designer Justin Townsend and sound designer Peter Hylenski.

PUBLISHING
This is the one sector the place CAA clearly positive factors from ICM, a lot the best way that Endeavor did when it swallowed WMA years again. The ebook division has been nearly as necessary as tv in fueling a dominant portion of ICM’s annual $200M billings. ICM Partner Amanda Urban, Partner Esther Newberg, Co-President Sloan Harris are stalwarts within the division. The company’s notable authors embody Kevin Kwan, Walter Isaacson, Cormac McCarthy, Anna Quidlen, Taffy Brodesser-Akner, Lisa Taddeo, Vince Flynn, Bob Iger, Tom Hanks, and Douglas Stuart.

PODCASTING
A small, however quickly rising a part of the leisure world is podcasting and audio. ICM’s podcast enterprise, which is overseen by Caroline Edwards, Director of Podcast Initiatives, has struck latest offers for the likes of John Stamos’ The Grand Scheme: Snatching Sinatra for Wondery and Alan Cummings’ Hot White Heist for Audible and Ariel Ramchandani’s No Place Like Home, concerning the heist of Dorothy’s iconic ruby slippers, whereas CAA, which just lately named Josh Lindgren as its first official podcast in March has struck offers similar to a partnership between Jonathan Glickman’s Glickmania and iHeartMedia for a slate of music-driven podcasts, Ava DuVernay’s partnership with Spotify, a first-look take care of Warner Bros. for Mick Jagger’s Rainy Day Podcasts, a deal between Jordan Peele’s Monkeypaw Productions and Spotify and offers for Jamie Lee Curtis’ Comet Pictures and Paul Feig’s Powderkeg Media. The latter additionally represents the likes of Gimlet Media and The Ringer.

MUSIC
CAA reps such shoppers as Justin Bieber, Kanye, Katy Perry, Lady Gaga, Tim McGraw, Red Hot Chili Peppers and Cardi B. ICM will carry to the combo Khalid, JCole, Lana Del Rey, Migos, Skrillex on the tune aspect, and Jerry Seinfeld, Chris Rock and Ellen DeGeneres on the comedy touring aspect.



Source Link – deadline.com

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