Wednesday, Apr 01

Could a William Morris/Endeavor Merger Be Good for You?

Ever seen HBO's Entourage? Jeremy Piven's character, Ari Gold is based on the guy who founded Endeaver, a Los Angeles based talent agency. The New York Times and Deadline Hollywood Daily have been tossing around rumors that Endeavor might merge with William Morris, another agency (which we've written about). You may not realize how much ad money talent agencies bring in through branding initiatives, but if WMA and Endeavor merge there might be some freed up money. Bear with us as we explain.

Last May, WMA formed Agency 3.0, a "let's merge branding and mobile stuff" company helmed by former Amp'd & Boost Mobile creator/CEO Peter Adderton. We haven't heard so much as a peep from the "company", so who knows if they're doing anything, anyway. Also included are Greg Johnson, who was CCO at both McCann Worldgroup and Digitas, Steve Stanford who was a founder of ICM's digital media group.

As best we can tell (Agency 3.0 hasn't returned our calls yet), this offshoot is not connected to WMA's Corporate Consulting practice, a group of agents whose job it is to find brand partnerships within WMA's massive talent and product pool (movies, TV shows, books etc). The agency also has a commercials department, but from what we can tell they deal mostly with talent.

Anyway according to the New York Times, offshoots like Agency 3.0 and the corporate consulting (read: branding) are attempts by big talent agencies to grab at what the smaller shops are already pros at. Sound familiar? WMA is 110 years old, but has incredible depth in the field in terms of the resources at their hands. Selling Dial soap? How about a sexy shower scene with this sexy starlet in this upcoming box-office sure thing, directed by this award winning visionary director and produced by so-and-so, et cetera.

If you've got the money, shopping your brand at William Morris makes sense. But if the agency merges with Endeavor, it sounds like those fringe assets might not make it.

From Nikki Finke's Deadline Hollywood Daily; "Both (WMA and Endeavor) now realize that any newly merged company has to consist of only 150 core movie/tv agents at most. The mantra of these negotiations is 'make it smaller'. That means, of WMA's 150 agents, and Endeavor's 100 agents, about 100 from the combined total will have to be let go. And since CAA's (Creative Artist's Association) Richard Lovett has pursued a policy of 100% marketshare when it comes to clients, the new WMA-Endeavor is making as its goal to rep only the elite Top 2%."

What's that mean? Opportunity! It may seem like a stretch, but consider this. WMA partnered GM with Transformers. That might not turn into huge dollars direct sales dollars, but it did give Chevrolet's new Camaro a couple hours of on screen time in front of crowds that might actually want to drive the thing. Oh, and it kicked a Mustang's lilly ass in the flick, and you can't really ask for more positive branding than that. Not to mention all the good guy robots were GM models. Not bad.

We're not privy to the money that changed hands for that deal, but look you've got to consider these pairings as part of the broader branding picture. It's as easy as knowing what movies are coming out and convincing the studio and the brand that their products would be just perfect together. Shake hands, kiss cheeks, make a million.

The merger isn't a sure thing yet, but if it happens there could be a stable of WMA's brand-deal makers up for hire. They'll probably want jobs.

More: "Cayman Went: Advertising with Entertainment Roots"


new on mediabistro.com

How to Write an Arts and Culture Review

Learn everything you need to know to write a smart, publishable review of music, film, books, theater or any other arts and culture topic.
Watch the video

Email This Post

Fill out the following information and click on the Send button in order to send this post, Could a William Morris/Endeavor Merger Be Good for You? , to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on AgencySpy >

Inside Your Agency. Deep Inside
AgencySpy in Your Inbox
Mobile Version
RSS Feed
Our Blog Network

BayNewser

WebNewser

TVNewser

PRNewser

FishbowlNY

FishbowlDC

FishbowlLA

MediaJobsDaily

GalleyCat

UnBeige

MobileContentToday

AgencySpy

AgencySpy Editors
Matt Van Hoven
AIM/Twitter: agencyspy

Kiran Aditham
AIM/Twitter: PvnkFreud

Tipline:
212.547.7935

Email AgencySpy

Follow AgencySpy
Anonymous Tips


Topics

2008 Prez Election

About

About Us - Modules

Aegis

Agencies

Agency.com

AKQA

Anomaly

Arnell

Arnold Worldwide

Avenue A/Razorfish

Awards

Bartle Bogle Hegarty

BBDO

Berlin Cameron United

Blind Item

Booked

Boutique Call

Brands

Broadcast

Campaigns

Campbell Ewald

Carat

Celebrity

Comment of the Day

Conferences

Craigslist is Your Hero

Cramer-Krasselt

Crispin Porter & Bogusky

DDB

Deep Focus

Dentsu

Designing (Wo)Men

Deutsch

Digitas

Doner

DraftFCB

Droga5

Element79

Enfatico

EuroRSCG

Fallon

Gaming

GlobalHue

Go Twitter, Go

Goodby

Grey Worldwide

GroupM

GSD&M

Ha!

Hal Riney

Hot Ad (Wo)Man Of The Day

I Have Twatted

Interpublic

J. Walter Thompson

Kirshenbaum Bond

Leo Burnett

MadMen, The Musical

Martin Williams

McCann

Mcgarrybowen

MDC Partners

Media Buying

Mediabistro

MediaVest

MindShare

Mobile

Mother

Moving Pictcha

Mullen

Naked

News

No Wukkas - The Job Hunt

Ogilvy

OMD

Omnicom

Online

Op-Eds

Outdoor

Party Party!

People

PHD

Planning/Consumer Insights

Poke

Print

Publicis

R/GA

Raw and Uncut

Razorfish

Reading List

Saatchi & Saatchi

Social Media

Spot Runner

StrawberryFrog

Stupid Intern

Sustainability

TBWA/Chiat Day

Television

The Martin Agency

The Menu

The Richards Group

The Spies

The Super Bowl

Tribal DDB

We Hear...

Week in Advertising

What The...?

Wieden & Kennedy

WPP

Young & Rubicam

Links

mb News Feed
5 Blogs Before Lunch
AdAge
AdForum
AdFreak
AdLand
Adomatica
AdsOfTheWorld
AdScam
Adverganza
Advergirl
Adweek
Denver Egotist
Illegal Advertising
Mediaweek
MyOpenKimono
The Toad Stool
Please Feed the Animals
TribbleAgency

Archives

November 2009

October 2009

September 2009

August 2009

more...


Job Listings

Featured Listings

Sr. Digital Producer
JWT INSIDE
New York, NY

Regional Sales Director
TIG Global
Chevy Chase, MD

Proofreader/Copy Editor
Global Advertising Agency
New York, NY

Director of Publisher Sales
Pontiflex
Brooklyn, NY


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l PRNewser l AgencySpy
MobileContentToday l WebNewser l BayNewser l MediaJobsDaily l mbToolbox
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

internet.commediabistro.comJusttechjobs.comGraphics.com

Search:

WebMediaBrands Corporate Info

Legal Notices, Licensing, Reprints, Permissions, Privacy Policy.
Advertise | Newsletters | Shopping | E-mail Offers