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The Town with Matthew Belloni

Agents, Managers, and the Shifting Power Dynamics of Representation

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3847 Ratings

🗓️ 3 April 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Matt is joined by Brillstein Entertainment Partners CEO Jon Liebman to discuss the difference between a manager and an agent and how that has changed over the past 20 years. Jon gives his thoughts on CAA's lawsuit against Range Media Partners, the impact of private equity’s foray into the representation world, how the end of packaging agreements has affected the representation business, and the changing of the guard at WME and UTA (03:12). Matt finishes the show with an opening weekend box office prediction for ‘A Minecraft Movie’ (26:26). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! [email protected] Host: Matt Belloni Guest: Jon Liebman Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi everyone, it's Amy Polar, and I'm launching a new podcast called Good Hang.

0:05.0

In preparation for that, I asked some of my friends to send in some videos and give me some advice.

0:10.0

Just be yourself and the guests will come.

0:13.0

Don't be the celebrity that this is their like sixth thing they're doing.

0:16.0

I love true crime and cooking podcasts. Is there any way you could combine the two? Well, everyone has an opinion

0:23.2

and a podcast. So, join me for good hang. It's rough out there. We're just trying to lighten it up a little.

0:31.7

It is Thursday, April 3rd. It's one of the questions I get a lot. What's the difference between an agent and a manager?

0:39.8

Both represent Hollywood talent, actors, directors, creators. Legally speaking, talent agencies are

0:45.0

regulated by the state and empowered to negotiate deals, managers. They guide careers. Tell clients

0:51.1

which direction to go, manage their lives, sometimes help them develop projects and even produce with them.

0:56.0

Agents can't do that.

0:58.0

I used to be able to make the analogy to entourage.

1:00.0

Agents are REE, managers are E.

1:03.0

I should also disclose that my wife is a manager and that puck is represented by an agency, WME, but they don't represent me personally.

1:10.0

Increasingly, people in town can't always tell

1:12.6

the difference between an agent and a manager. CAA, the largest talent agency, they're in litigation

1:17.5

with some defectors that started a company called Range Media, calls itself a management company,

1:22.6

but at least CAA says that's a sham and it's really an agency. At the same time, management companies are doing what the agencies did a decade ago.

1:31.0

Entertainment 360, untitled entertainment, a bunch of others.

1:33.9

They've been raising money from private equity firms like Carlisle and TPG to fuel their growth.

1:39.3

The exact strategy that the majors, talent agencies have employed for years now.

1:43.8

CAA was owned for years by

...

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