• Hollywood agency UTA cuts 50 jobs, reinstates full pay for remaining staff

    Hollywood agency UTA cuts 50 jobs, reinstates full pay for remaining staff

    Hollywood talent agency UTA, whose star-studded client list includes Will Ferrell, Chris Pratt and Ryan Seacrest, laid off 50 of its 1,100 employees as the pandemic continues to crimp its business. UTA chief executive Jeremy Zimmer delivered the news in a staff email late Wednesday, adding that despite the “difficult decision,” business is starting to …
  • Hollywood’s writers strike hits impasse with WME, CAA talent agencies

    Hollywood’s writers strike hits impasse with WME, CAA talent agencies

    Efforts to end Hollywood’s extended writers strike hit a wall this week when the union that represents the writers said it’s failed to come to a deal with Tinseltown’s top two agencies, WME and CAA. The impasse, announced late Tuesday, comes more than a year after thousands of Hollywood scribes — from Shonda Rimes and …
  • Steve Cohen-backed management firm declares war on Hollywood agencies

    Steve Cohen-backed management firm declares war on Hollywood agencies

    Things are about to get ugly in Tinseltown. Hollywood’s newest management firm, backed by billionaire Steve Cohen, has been promising investors it will succeed by waging war on an ailing industry weakened by the coronavirus, according to a leaked investor pitch deck. The new firm, dubbed “Moxie Media,” has been handing out a pitch deck …
  • Hollywood talent agency CAA cuts 90 agents and execs due to COVID-19

    Hollywood talent agency CAA cuts 90 agents and execs due to COVID-19

    Glitzy Hollywood talent agency, CAA, which reps the likes of Brad Pitt, Reese Witherspoon and Meryl Streep, announced a significant round of layoffs and furloughs on Tuesday. The Los Angeles-based firm said it plans to layoff approximately 90 agents and executives this week and to furlough roughly 275 assistants and other staff. A CAA spokeswoman …