TVNewser TVSpy LostRemote SocialTimes AllFacebook FishbowlNY FishbowlDC PRNewser 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Ari Emanuel’

William Morris Acquires Minority Stake in Droga5

Jeez, what started out as a slow morning turned into quite a busy afternoon. A friend tipped us on this a couple of days ago and after a few inquiries, we’ve now received clarification/confirmation on the matter from Droga5 itself. No, David Droga did not sell his whole operation to talent agency William Morris Endeavor for something well into the nine figures (some are reporting less than half of what we heard), but the latter has indeed acquired a minority stake in Droga5. In a statement, Droga himself says, “Droga5 has always endeavored to be the most influential creative agency in the business, with ideas that move our clients and our industry forward. This partnership will exponentially accelerate our ability to realize that ambition.”

Despite the minority stake acquisition, the management of Droga5’s agency operations will not change according to the parties involved. Terms of the transaction were not disclosed.

Adding to the mix, might as well throw in the statements from WME’s head honchos Ari Emanuel and Patrick Whitesell, who say, “Droga5 is best-in-class across the board—from its management to its creative output. Through this investment, we will be able to join the best artists and storytellers from all verticals, and we look forward to creating new opportunities for our collective clients.”

Mediabistro Course

Content Marketing 101

Content Marketing 101Get hands-on content marketing training in our brand new boot camp, Content Marketing 101! Starting September 8, digital marketing and content experts will teach you the tips and tricks for creating, distributing and measuring the success of your brand's content. Sign up before August 15 and get $50 OFF registration. Register now! 

Monday Odds and Ends

-Kim Kardashian dies for a good cause: Alicia Keys‘ AIDS charity (above).  link

-Google is reportedly buying Groupon for $2.5 billion. link

-Grey Amsterdam and the Council of Europe band together to fight child sexual abuse with “The Underwear Rule.” link

-Mobile brand Orange’s poster campaigns get lost in translation in Paris Metro stations. link

-Canadians love their social media. link

-Leo Burnett wins big at Hong Kong’s Kam Fan Awards. link

-Ari Emanuel wants to kill other ad agencies dead. link

-V&S’s John Winsor wants to start a new trend of giving. link