CAA Leaders, ICM Partners Chief on What’s Next for the Agencies After Blockbuster Deal

  • Variety
CAA Leaders, ICM Partners Chief on What’s Next for the Agencies After Blockbuster Deal
The talks that led to CAA acquiring ICM Partners came together in secret over a short period of time — so much so that longtime insiders at both agencies learned of the deal moments before the news was formally announced on Monday.

To CAA’s trio of leaders — Bryan Lourd, Richard Lovett and Kevin Huvane — and ICM Partners’ chief Chris Silbermann, the fact that the talks were kept quiet was a sign that the leaders are temperamentally in sync and trust one another. The deal was finalized Monday at 8:17 a.m. Pt, barely an hour before CAA issued the news release, the key players confirmed.

“It’s a testament to the reason for the partnership” that word of the talks didn’t leak, Lovett told Variety.

Lourd conceded that the idea of a tie-up had been broached in the recent past. During the past 12 months, amid all the upheaval in the entertainment industry,
See full article at Variety »

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