By David Poland email@example.com
Sorry if I gave anyone whiplash with the problems loading the last entry… and sorry to the 99% of you who have no idea what I am talking about.
Does anyone care as little as I do about the agency merger?
Michael Speier writes in The Wrap, “The new company’s creation is, without a doubt, an industry-shifting jolt to the entertainment business at large. WME is now a company that will automatically rival CAA as the top agency in town both in terms of mojo and clients.”
But there is no real notion of why anyone who is not directly connected to this inside baseball story should be paying much attention. Will a greater consolidation of talent create better movies or just more shitty packages?
Agencies have too much power and are paid way too much money in packaging deals already… so is there some way that his deal changes that… aside from making it incrementally worse? I mean, agencies don’t MAKE anything… they are middle men.
And frankly, the one notable thing is the use of the word “Entertainment” in the new title, which scarily suggests that there may be an intention to assert more of a hand in developing movies and television… people whose jobs – with all due respect – are not to make anything of quality, but to sell something.
The real power remains with the studios and distribution channels, though the people in charge of these things often forget that they are The Money and that the agencies are not, giving too much to the agents and threatening the financial potential of projects.
What am I missing?