CAA’s acquisition of ICM Partners, the biggest shakeup in the Hollywood representation space in over a decade, continues a tradition of consolidation in the agency business. CAA and Endeavor both were launched by star agents who left established powerhouses Wma and ICM, respectively. The fastest way to grow is through acquisition or merger. Since size is crucial in the cutthroat agency business, here is how CAA would scale up in different areas if its acquisition of ICM Partners goes through to form a combined company that would continue to carry the CAA name.
Before ICM purchased the Stellar Group in October 2020, their annual billings were estimated to be around $200M, fueled by TV, TV lit and its publishing divisions. Based on that, industry insiders estimate that CAA likely shelled out more than $550M for ICM. ICM has offices in New York, Los Angeles and London, with roughly 400-plus employees.
Before ICM purchased the Stellar Group in October 2020, their annual billings were estimated to be around $200M, fueled by TV, TV lit and its publishing divisions. Based on that, industry insiders estimate that CAA likely shelled out more than $550M for ICM. ICM has offices in New York, Los Angeles and London, with roughly 400-plus employees.
- 9/28/2021
- by Anthony D'Alessandro, Nellie Andreeva, Greg Evans, Peter White and Justin Kroll
- Deadline Film + TV
Similar News
Vietnam’s Skyline Media Inks Pre-Cannes Deals on Southeast Asian Slate (Exclusive)
- 5/9/2024
- by Patrick Frater
- Variety Film + TV
Kengan Ashura Illustrator Considers AI’s Potential For Better Manga Translations
- 5/9/2024
- by Ami Nazru
- AnimeHunch
The Gaping Chasm Left by a Missing Girl Is Quickly Inhabited by a Lonely Opportunist in Jimmy Goldblum’s ‘Jude’
- 5/9/2024
- by Sarah Smith
- Directors Notes
Sydney Sweeney Getting Into The Ring To Portray Trailblazing Boxer Christy Martin For Director David Michôd, Black Bear & Anonymous Content; Actress Is “Itching To Start Training” For Role – Cannes Market Hot Project
- 5/8/2024
- by Andreas Wiseman
- Deadline Film + TV
Interview With the Vampire Stands Out as a "Feelings" Show in the Era of Procedurals
- 5/8/2024
- by Paullette Gaudet
- TVfanatic
Joseph Kosinski’s Formula 1 movie reportedly has a budget of over $300m
- 5/8/2024
- by Ryan Lambie
- Film Stories
David Beckham Says He ‘Didn’t Expect’ Spice Girls Reunion at Posh’s Birthday Party
- 5/9/2024
- by Emily Zemler
- Rollingstone.com
Natural Redheads Take Over: Meet the 25 Most Stunning Actresses in the Industry
- 5/9/2024
- by Florie Mae Malapit
- Your Next Shoes
“Hard Pass”: Glen Powell’s Twisters Sets a Milestone That Would Make Zack Snyder, Christopher Nolan Proud – But Fans Need a Little More Convincing
- 5/8/2024
- by Ananya Godboley
- FandomWire
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
Disney and Warner Bros. Discovery to Launch Disney+, Hulu, Max Streaming Bundle
- 5/8/2024
- by Todd Spangler
- Variety - TV News
Steve Albini, Noise Rock Pioneer and ‘In Utero’ Engineer, Dead at 61
- 5/8/2024
- by Daniel Kreps
- Rollingstone.com
Lady Gaga’s ‘Chromatica Ball’ HBO Concert Special to Premiere May 25
- 5/8/2024
- by Jem Aswad
- Variety - TV News
New ‘The Office’ Series Picked Up at Peacock, First Plot Details Reveal Midwestern Newspaper Setting
- 5/8/2024
- by Joe Otterson
- Variety - TV News
Travis Kelce Joins Ryan Murphy’s ‘Grotesquerie’ in First Major TV Role
- 5/8/2024
- by Michaela Zee
- Variety - TV News
Steve Albini, Noise Rock Pioneer and ‘In Utero’ Engineer, Dead at 61
- 5/8/2024
- by Daniel Kreps
- Rollingstone.com
Glen Powell, Anthony Mackie and Laura Dern to Star in John Lee Hancock’s Cancer Trial Drama ‘Monsanto’
- 5/8/2024
- by Angelique Jackson
- Variety Film + TV
Jeremy Strong in Talks to Play Bruce Springsteen’s Manager Jon Landau in ‘Nebraska’ Movie Starring Jeremy Allen White (Exclusive)
- 5/8/2024
- by Marc Malkin
- Variety - Film News
Taylor Sheridan Paramount+ Series ‘Landman’ Casts Michael Peña (Exclusive)
- 5/8/2024
- by Joe Otterson
- Variety - TV News
Travis Kelce Joins Ryan Murphy’s ‘Grotesquerie’ in First Major TV Role
- 5/8/2024
- by Michaela Zee
- Variety - TV News
Art Directors Guild Suspends Training Program: ‘We Cannot in Good Conscience Encourage You to Pursue Our Profession’
- 5/8/2024
- by Christian Blauvelt and Chris O'Falt
- Indiewire
The Disney Bundle Just Got a Major Upgrade With Max
- 5/8/2024
- by Brian Welk
- Indiewire
‘Kingdom Of The Planet Of The Apes’ Review: Wes Ball Delivers A Bold, Engaging Vision & Solid Future For The Franchise
- 5/8/2024
- by Simon Thompson
- The Playlist
Rushes | Mohammad Rasoulof Persecuted by Iran, Cannes Labor Tensions Rise
- 5/8/2024
- MUBI
Sydney Sweeney to Play Boxer Christy Martin in Biopic
- 5/8/2024
- by Tony Maglio
- Indiewire
Demi Moore, Margaret Qualley Body Horror ‘The Substance’ Acquired by Mubi Ahead of Cannes Competition World Premiere
- 5/8/2024
- by Alex Ritman
- Variety Film + TV
Box Office: ‘Kingdom of the Planet of the Apes’ Aims for $50 Million-Plus Opening Weekend
- 5/7/2024
- by Rebecca Rubin
- Variety - Film News
George MacKay Reunites With ‘For Those in Peril’ Director Paul Wright for BBC Film, Screen Scotland, Ffilm Cmryu Wales-Backed ‘Mission,’ Blue Finch Films Boards Sales (Exclusive)
- 5/9/2024
- by Naman Ramachandran
- Variety - Film News
Millennium Docs Against Gravity Seeks to Be a Conduit Between Eastern European Filmmakers and Western European Industry
- 5/9/2024
- by Murtada Elfadl
- Variety - Film News
China’s iQiyi to launch Guan Hu-produced ‘Clash’ at Cannes market (exclusive)
- 5/9/2024
- ScreenDaily
Disney and Warner Bros. Discovery to Launch Disney+, Hulu, Max Streaming Bundle
- 5/8/2024
- by Todd Spangler
- Variety - TV News
Lady Gaga’s ‘Chromatica Ball’ HBO Concert Special to Premiere May 25
- 5/8/2024
- by Jem Aswad
- Variety - TV News
New ‘The Office’ Series Picked Up at Peacock, First Plot Details Reveal Midwestern Newspaper Setting
- 5/8/2024
- by Joe Otterson
- Variety - TV News
Travis Kelce Joins Ryan Murphy’s ‘Grotesquerie’ in First Major TV Role
- 5/8/2024
- by Michaela Zee
- Variety - TV News
Michelle Yeoh to Star in ‘Blade Runner 2049’ Sequel Series at Amazon
- 5/7/2024
- by Joe Otterson
- Variety - TV News