Re: RIP Endeavor IPO
Mid-tiers are likely currently in some kind of talks with WGA, now that they don't really have to take the bullet for Ari to get his IPO. it's only been about three weeks since the guild elections and there are probably a lot of moving parts if they're speaking to each agency separately at this point
https://deadline.com/2019/10/writers...cm-1202752869/
Take it fwiw, from a board member about state of affairs at WME:
https://twitter.com/Beckylooo/status...55992948883456
"I had a convo with someone in the position to know things the other day. Quote, "The party line is 'we're gonna be fine' but they're not. They're in trouble."
Corporations settle up on compensation bonuses at the end of the year so things might not come to a head with agents wanting to be made whole for their equity stakes until that time (though the way grapevines work in the agencies, the truly fed up ones often don't wait for the other shoe to drop and take the initiative themselves to leave)
Originally posted by finalact4
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https://deadline.com/2019/10/writers...cm-1202752869/
Take it fwiw, from a board member about state of affairs at WME:
https://twitter.com/Beckylooo/status...55992948883456
"I had a convo with someone in the position to know things the other day. Quote, "The party line is 'we're gonna be fine' but they're not. They're in trouble."
Corporations settle up on compensation bonuses at the end of the year so things might not come to a head with agents wanting to be made whole for their equity stakes until that time (though the way grapevines work in the agencies, the truly fed up ones often don't wait for the other shoe to drop and take the initiative themselves to leave)
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