WGA Divestiture Standards Under Scrutiny as WME, CAA Negotiations Drag On

WGA Divestiture Standards Under Scrutiny as WME, CAA Negotiations Drag On
The question of how the WGA is applying its rules for talent agencies divesting their interests in production companies is coming under scrutiny as the guild’s negotiations with WME and CAA drag on.

The WGA has made it clear in separate talks with WME and CAA that the agencies must present a plan to sell off any interests in production or distribution assets that amount to more than 20% of a given entity, and that includes holdings held by parent companies or investors in the agency. UTA and ICM Partners earlier this year agreed to those terms after a more
See full article at Variety - TV News »

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