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The Town with Matthew Belloni

The Stranglehold of Streaming, With United Talent Agency CEO Jeremy Zimmer

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3847 Ratings

🗓️ 16 December 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

Matt is joined by the CEO of United Talent Agency (UTA) Jeremy Zimmer to discuss how the financial downturn of the streaming model has trickled down to talent agencies, why pivoting for back-end profit participation in streaming makes sense, the looming possibility of a writers' strike, and more. Host: Matt Belloni Guest: Jeremy Zimmer Producer: Craig Horlbeck Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi, I'm Missa Cwonga and I'm Ryan Hunt and we co-host Stadio, a football podcast on the Ring of Podcast Network.

0:06.7

If you like soccer or football, make sure you search for Stadio, a football podcast on Spotify or wherever you get your podcasts.

0:15.9

Adobe Express is the quick and easy create anything out. It's my go-to for making my business stand out,

0:22.6

from videos and social posts to flyers and logos. Search for Adobe Express to find out more and use it for free.

0:33.8

You know what that is. An ice cold beer. What's different?

0:39.3

It's Budweiser.

0:42.3

A perfect beer for party season.

0:49.3

Best enjoyed with your best buds.

0:51.3

Cheers to that.

0:53.3

Budweiser, like no other. Please drink responsibly for the fact best buds. Cheers to that.

0:56.2

Budweiser, like no other.

0:57.7

Please drink responsibly.

0:59.5

For the facts, visit drinkaware.com.

1:06.8

It's Friday, December 16th, which is actually the last workday of the year for Hollywood's major talent agencies.

1:08.5

They traditionally close for the final two weeks of the year.

1:10.9

The agent set off to Aspen or the Four Seasons Maui that read scripts or strategize about how to

1:16.4

steal clients and their rivals. This has been quite a monumental year in the agency world.

1:21.0

The market for talent has absolutely shifted. Many studios and streaming services are now

1:25.4

watching their budgets more closely.

1:28.6

The great Netflix correction.

1:35.3

All of Hollywood is sort of in this weird transitional slash buildings on fire phase.

1:39.9

HBO Max just unrenewed a couple shows, part of its cost-cutting efforts.

...

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