Endeavor Content is part of the larger company’s aggressive — and controversial — strategy to expand beyond traditional deal-making into the business of owning content itself.
“Acting as an employer and representing a client in salary negotiations are fundamentally at odds,” the guild said. “An employer’s incentive is to maximize its profits and keep labor costs low, while the agency is duty-bound to get the best deal it can for its clients.”
WGA West President David Goodman said that while Endeavor may be offering attractive terms to lure talent as it grows its business, the long-term implications of agency-affiliated production companies will be disastrous for writers. He dismissed the notion that simply having an attorney overseeing the deal-making process would resolve the problem.
Executives pointed to movies they’ve championed made by diverse filmmakers and new talent. Endeavor pitched “Hala,” about an American Muslim teenager who grapples with her faith and traditional upbringing, to multiple financiers before deciding to invest their own capital and get it made at the budget Baig wanted.
the Michael B. Jordan civil rights drama that Warner Bros. will release in December. The movie is part of the diversity policy WarnerMedia launched in September.Another significant part of Endeavor’s business is investing in numerous production companies. Working with Endeavor was an ideal situation for “Hidden Figures” producer Peter Chernin, whose company Chernin Entertainment previously had a TV deal with Universal Television.
“I feel there’s a lot of disinformation out there about lack of transparency, and for me that just has not been the case,” Papandrea said. “Never once have I had a conversation where I’ve been asked to work with a WME client over a person represented by another agency.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
China state agency successfully launches rocket for commercial use: CCTVA Chinese government space agency successfully launched on Saturday its first ro...
Baca lebih lajut »
Exclusive: China set to deepen Argentine trade ties with bid for grains 'superhighway'Chinese state-owned construction giant CCCC is preparing a bid to dredge Argenti...
Baca lebih lajut »
For some in China, the aim of travel is to create 15-second videosIt’s not about where you’ve been, it’s about where you’re seen to have been
Baca lebih lajut »
Southern separatists are tearing Yemen apartCivil war has shattered what was already the poorest country in the region. It will be difficult to put Yemen back together
Baca lebih lajut »
Miley Cyrus and Liam Hemsworth Are Reportedly “Hurting” But Not Ready to Give Up On ReconciliationIt’s not over until it’s over.
Baca lebih lajut »