Sending Agents to the Principal’s Office: How Talent Agency Packaging and Producing Breach the Fiduc...

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" Sending Agents to the Principal’s Office: How Talent Agency Packaging and Producing Breach the Fiduciary Duties Agents Owe Their Artist-Clients "
Smith, Brian T.; <a href="" class="c-authorlist__list-more-link">et al.</a>

Document Type	:	AL
Record Number	:	929493
Doc. No	:	LA4q22v4rd
Language of Document	:	English
Main Entry	:	Smith, Brian T.; lt;a href="" class="c-authorlist__list-more-link"gt;et al.lt;/agt;
Title & Author	:	Sending Agents to the Principal’s Office: How Talent Agency Packaging and Producing Breach the Fiduciary Duties Agents Owe Their Artist-Clients [Article]\ Smith, Brian T.; a hrefet al./a
Title of Periodical	:	UCLA Entertainment Law Review
Volume/ Issue Number	:	27/1
Date	:	2020
Abstract	:	Talent agents have always been indispensable to writers, actors, and other creative workers in the entertainment industry, providing independent representation to their artist-clients in dealings with sophisticated corporate employers. But following a historical shift in their revenues from commissioning clients to lucrative television packaging fees, the power and profits of the biggest agencies grew exponentially. Revenues from packaging fees allowed these agencies to diversify into other businesses and attracted outside investment by private equity firms leading to further vertical integration. Now, the largest agencies have turned their eye toward a new revenue stream: producing and owning content through agency-affiliate production companies.