Hollywood Talent Agency CAA Forms Venture With Chinese Fund

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eschwerin@rosemontseneca.com

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2017-04-18 11:06:37

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Hunter Biden <hbiden@rosemontseneca.com>

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*HOLLYWOODLAND - "Hollywood Talent Agency CAA Forms Venture With Chinese
Fund," *by WSJ's Erich Schwartzel: "A Beijing-based investment fund is
buying a small stake in Creative Artists Agency and creating a joint
venture designed to help one of Hollywood's biggest talent agencies expand
its presence in China. ... Backed by its majority stakeholder, TPG, CAA has
expanded in recent years beyond representing film and television clients
... to divisions that include digital media, sports and marketing. China's
growing middle class -- and expectations that it will surpass the U.S. as
the world's biggest movie market by 2020 -- have driven the Hollywood
agencies' arms race to China." http://on.wsj.com/2nX4NqU
<http://go.politicoemail.com/?qs=1b52534794d785456b488e46d441501b9123e639a20e89d037845c04e3a4191e2ce6821902e7c431b32ecda5dbd2be47>

Eric D. Schwerin
eschwerin@rosemontseneca.com

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