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ICM Partners

From Wikipedia, the free encyclopedia
Talent and literacy agency

International Creative Management Partners
Company typePrivate
IndustryTalent and literary agency
Founded1975; 50 years ago (1975) inCentury City, Los Angeles, California, US
FounderMarvin Josephson
Defunct2022
FateAcquired byCreative Artists Agency
HeadquartersConstellation Place
Century City, Los Angeles, California, US
Area served
Represented clients in the fields of film, television, music, publishing, live performance,branded content, andnew media
Websitewww.icmpartners.com
Constellation Place, the headquarters of the agency, overlookingWestfield Century City.

ICM Partners was a talent and literary agency with offices inLos Angeles,New York City,Washington, D.C., andLondon.[1] The company represented clients in the fields of motion pictures, television, music, publishing, live performance, branded entertainment and new media. Its corporate headquarters were inConstellation Place inCentury City, Los Angeles.[2][3][4] In 2022, ICM became part ofCreative Artists Agency.[5]

History

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Formation and growth

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International Creative Management was formed in 1975 through the merger ofMarvin Josephson'sInternational Famous Agency andFreddie Fields'Creative Management Associates (CMA).[6][7][8][9]: 51  ICM's first president was Freddie Fields,[10] although he did not last long in the role.[11] Other important figures in the merger wereSam Cohn[12] andGuy McElwaine of CMA.

In 1985, ICM acquired London-based talent agencyDuncan Heath Associates, which in 1991 merged with ICM London, with Heath became chairman of the merged company.[13]

In 1992, Josephson relinquished direct control of ICM to a triumvirate composed of Jeff Berg,Sam Cohn, and Jim Wiatt. Despite this transfer of leadership, Josephson retained a significant role within the agency, maintaining an active leadership position and continuing to manage his personal client roster.[8]

In 2005, the company raised a financing round of $75 million fromRizvi Traverse.[14]

In 2006, ICM acquired the literary agency Broder Webb Chervin Silbermann.[15]

ICM Partners

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In 2012, the agency completed a management buyout and formed a partnership with the new name,ICM Partners.[16]

In March 2018, ICM acquired theJust For Laughs comedy festival, as part of a partnership with the Canadian entertainerHowie Mandel.[17][18] A 51% majority was later sold toBell Media andGroupe CH to maintain a primarily-Canadian ownership.[19] In June that year, ICM formed a partnership withesports-focused talent agency Evolved.[20][21]

In December 2019, ICM Partners sold a one-third equity stake in the company to Crestview Partners, with the expressed goal to grow the company within the representation business with an emphasis on International growth.[22]

In March 2020, ICM partnered with Primary Talent International, a London-based music touring agency with over 700 touring clients.[23] In August, they bought a significant minority interest in Albatros, a literary agency based in Stockholm and moved partner Pete Stone to Sweden to runICM Europe.[24] In October, the agency purchased Stellar Group, the largest football/soccer agency in the world and rebranded itICM Stellar Sports.[25] (Stellar Group CEO Jonathan Barnett was listed as the No. 1 sports agent in the world byForbes magazine in 2019.)[26]

In July 2021, ICM Partners and ICM Stellar Sports purchased one of the leading NFL representation agencies, Select Sports Group, a Texas based company headed by Jeff Nalley and Erik Burkhardt.[27]

Acquisition by Creative Artists Agency

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In September 2021, it was announced that ICM would be acquired byCreative Artists Agency (CAA).[28] The deal closed in June 2022 at a value of $750 million. Following the acquisition, 105 positions from ICM were set to be eliminated, with about 425 staffers and agents joining CAA.[29]

Departments

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Television and movies

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ICM Partners' television and motion picture departments represented film actors, actresses, directors and writers. The departments also featured a division dedicated to production professionals such as cinematographers, editors,second unit directors, composers, production designers, costume designers and visual effects supervisors. The television department also represented on-air and creative talent.[30][31]

Publishing

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ICM Partners represented writers and editors includingPatricia Cornwell,[32]Thomas Friedman,[33]Anna Quindlen,E.L. Doctorow,Walter Isaacson,Carl Hiaasen,Tom Bissell,[34]Anthony Swofford,Chris Cleave,Candace Bushnell,John Feinstein,[35]Ann Patchett,Carol Higgins Clark, andSteve Martin. In addition, the agency represents the estates ofTheodor Geisel (Dr. Seuss),Arthur Miller,[36]E.B. White, andTennessee Williams, among others.[37]

Music, comedy, and lectures

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ICM Partners' concert and live appearances department represented artists in music and comedy as well as lecturers.[citation needed] ICM Partners acquired New York City speakers agency Royce Carlton, Inc. in 2017.[38] From the acquisition until late 2019, the lecture division still went by the Royce Carlton name. On October 16, 2019, the division rebranded toICM Speakers and relocated to the Washington, D.C., office. ICM Speakers' division services included the management and representation of professional public speakers. A few notable clients included authorMitch Albom,[38] authorJon Meacham, TV hostKaramo Brown,[39] and activistNadia Murad.[40]

Branded entertainment

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ICM Partners' global branded entertainment division's services ranged from celebrity endorsements, product placement, and music tour sponsorship[41] to brand integration, such as the creation and packaging of original branded films and television shows.[42] The agency's celebrity endorsements department serviced all ICM Partners' film and television talent for on-camera, print and voiceover commercial work as well as for paid media campaigns.[43]

References

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  1. ^"ICM International Creative Management - Concerts". Archived fromthe original on October 6, 2014. RetrievedOctober 15, 2014.
  2. ^Nash, James."Lights, camera, Katrina: rebuilding of Louisiana will affect production in L.A."Los Angeles Business Journal. RetrievedFebruary 5, 2012 – viaAllBusiness.[...] ICM Partners, the Los Angeles-based talent and literary agency
  3. ^Vincent, Roger. "Energy cells help power Century City skyscraper."Los Angeles Times. February 5, 2012. Retrieved on February 5, 2012.
  4. ^Miller, Daniel (June 4, 2012)."ICM Partners Forms Digital Strategy Division, Hires Group Head".The Hollywood Reporter.
  5. ^Hirsch, Lauren (June 28, 2022)."Creative Artists Agency acquires ICM in deal that could transform Hollywood representation: With companies like Apple, Amazon and Netflix muscling in on Hollywood, it's been harder for smaller agencies to compete".The New York Times.
  6. ^Genzlinger, Neil (May 31, 2022)."Marvin Josephson, Who Scored Big Deals for Stars, Dies at 95".The New York Times.
  7. ^Barnes, Mike (May 19, 2022)."Marvin Josephson, Founder of ICM, Dies at 95".The Hollywood Reporter.
  8. ^abMurphy, J. Kim (May 19, 2022)."Marvin Josephson, Founder of ICM Partners, Dies at 95".Variety.
  9. ^Abramowitz, Rachel (2000).Is That a Gun In Your Pocket? Women's Experience of Power in Hollywood (hardcover ed.). New York:Random House.
  10. ^Rogers, John (December 12, 2007)."Legendary producer/agent Freddie Fields dies".USA Today.
  11. ^"Freddie Fields Will Leave Talent Agency to Do Films".The New York Times. June 18, 1975.
  12. ^Singer, Mark (January 11, 1982)."Profiles: Dealmaker"(fee required).The New Yorker. pp. 40–84. RetrievedMay 9, 2009.
  13. ^Sanghera, Sathnam (January 28, 2002)."AGENT PROVOCATEUR".Financial Times. Archived fromthe original on April 14, 2002. RetrievedFebruary 16, 2010.
  14. ^"ICM Finalizes Management Buyout; Partnership Excludes Former Chairman Jeff Berg".The Hollywood Reporter. RetrievedDecember 24, 2017.
  15. ^Hoffman, Claire (July 29, 2006)."From Boutique Agency to ICM Brass".Los Angeles Times.ISSN 0458-3035. RetrievedDecember 24, 2017.
  16. ^Miller, Daniel (May 23, 2012)."ICM Finalizes Management Buyout; Partnership Excludes Former Chairman Jeff Berg".The Hollywood Reporter.
  17. ^"Just For Laughs sold to Howie Mandel and American company".CBC News. March 21, 2018. RetrievedMarch 21, 2018.
  18. ^"'Montreal is the mecca': Howie Mandel joins JFL bid, will keep HQ here".Montreal Gazette. March 21, 2018. RetrievedMarch 21, 2018.
  19. ^"Bell Media, Groupe CH among group that has acquired Just For Laughs".Montreal Gazette. June 8, 2018. RetrievedJune 8, 2018.
  20. ^Fogel, Stefanie (June 14, 2018)."ICM Partners Teams Up With Esports Talent Agency Evolved".Variety. RetrievedJune 15, 2018.
  21. ^Hipes, Patrick (June 14, 2018)."ICM Partners Inks Partnership With Esports Talent Agency Evolved".Deadline. RetrievedJune 15, 2018.
  22. ^Littleton, Cynthia (December 16, 2019)."ICM Partners Sells One-Third Stake to Crestview Partners for $150 Million".
  23. ^"ICM Partners Acquires U.K. Music Agency Primary Talent International".Billboard.
  24. ^Andreeva, Nellie (August 12, 2020)."ICM Partners Acquires Stake In Swedish Lit Agency Albatros; Pete Stone Will Relocate To Stockholm To Spearhead Joint Efforts".Deadline.
  25. ^"ICM Partners buys Stellar Group, with 800 athlete clients".Los Angeles Times. October 8, 2020.
  26. ^Belzer, Jason."The World's Most Powerful Sports Agents 2019: Soccer's Jonathan Barnett Takes Over At No. 1".Forbes.
  27. ^"ICM Stellar Sports sees Select acquisition as first major growth step".www.sportsbusinessjournal.com.
  28. ^Fleming, Mike Jr.; Andreeva, Nellie (September 27, 2021)."CAA Acquiring ICM Partners; Will Be Biggest Agency Link-Up Since WMA-Endeavor".Deadline Hollywood.Archived from the original on September 27, 2021. RetrievedSeptember 27, 2021.
  29. ^Welk, Brian (June 28, 2022)."CAA Completes ICM Acquisition in $750 Million Deal".TheWrap.Archived from the original on June 28, 2022. RetrievedJune 28, 2022.
  30. ^Adalian, Josef."A Worldly View of Things : In Depth : TVWeek - Television Industry news, TV ratings, analysis, celebrity event photos". TVWeek. RetrievedAugust 24, 2010.
  31. ^Andreeva, Nellie (September 10, 2012)."Bob Broder Leaving ICM Partners To Run Chuck Lorre's Company".Deadline.
  32. ^"Angelina Jolie teams with Fox 2000 - Entertainment News, Film News, Media". Variety. April 21, 2009. RetrievedAugust 24, 2010.
  33. ^"Toni Morrison - Biography". Nobelprize.org. RetrievedAugust 24, 2010.
  34. ^"ICM Agent Heather Schroder Assures Authors: 'Things Are Bad, But the Sky is Not Falling'".The New York Observer. Archived fromthe original on December 5, 2008.
  35. ^"John Feinstein - Authors". Random House. RetrievedAugust 24, 2010.
  36. ^"VQR » A Portrait of Arthur Miller". Vqronline.org. Archived fromthe original on October 4, 2006. RetrievedAugust 24, 2010.
  37. ^BARNES, MIKE (November 19, 2020)."Mitch Douglas, Longtime ICM Literary Agent, Dies at 78: Mitch Douglas, a literary agent who spent three decades at ICM and represented the likes of Tennessee Williams, Graham Greene, Arthur Miller, Lanford Wilson and Howard Koch, has died. He was 78".The Hollywood Reporter.
  38. ^abSUN, REBECCA (October 24, 2017)."ICM Partners Acquires Speakers Agency Royce Carlton: The bureau's roster includes Mitch Albom, Fareed Zakaria, Anne-Marie Slaughter and former ambassador Samantha Power".The Hollywood Reporter.
  39. ^Andreeva, Nellie (January 27, 2020)."ICM Partners Elevates Six Agents To Partners".Deadline Hollywood.
  40. ^Chase, Lisa (October 16, 2018)."WOMEN AND POWER: To Binky Urban, 'Power' Is a Male Word".The Cut.
  41. ^"R&B/Hip-Hop, Jazz, Pop Briefs: Beyonce, Freddie Hubbard, Will Downing". Billboard.biz. Archived fromthe original on May 5, 2009. RetrievedAugust 24, 2010.
  42. ^"Entertainment A-List No. 5: Carol Goll".Ad Age. May 23, 2011.
  43. ^Garfield, Bob (September 27, 2005)."Taking Cadillac from Stodgy to Sexy: Kate Walsh - Advertising Age - Ad Review". Adage.com. RetrievedAugust 24, 2010.

External links

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