UTA Chief's Zinger: We're Too Profitable For Endeavor to Buy Us - NewsBreak

Home > Business
By Alvarez in Business
Updated 2 years ago

UTA CEO Jeremy Zimmer and ViacomCBS CEO Bob Bakish discussed the seemingly endless number of deals swirling in the entertainment industry on Thursday. Appearing together at a panel moderated by CBS News anchor Michelle Miller, and hosted by Advertising Week New York at Hudson Yards, Zimmer was asked specifically about the consolidation in the agency space, which saw CAA strike a deal to buy ICM Partners. That deal spurred Endeavor CEO Ari Emanuel to say that his company had no interest in buying UTA. "We don't need it," he said last month at a conference hosted by Recode. "I thought about it,...

uta-chief-s-zinger-we-re-too-profitable-for-endeavor-to-buy-us-newsbreak