Ben Silverman's next bet on creator economy

Ben Silverman has written many Hollywood chapters. Agent William Morris turned to the head of production company, he and the US version officehe continued to serve as executive tenure as the Rock Studios led by NBC TV's efforts, before retiring with his former agency assistant Howard T. Owens, launching a production management company a decade ago.

After gaining support from the A+E network and other investors, Edagagate has largely beaten the private equity madness, which has fueled the consolidated talent representation landscape for Hollywood's big agencies over the past decade. (Its last public investment came from the merchant bank Raine Group in January 2018.) Instead, breeding planted a brand of silo portfolio that included talent and literature management of Peter Pinciptoto's management and production company Artists First and Purtaint and Funtaint, and the election of producers (the company has the right to Run with Bear Greens and simple) and concept ( Chopped franchise).

Breeding and artists first also increased their stake in the creator-centric company Lisa Filipelli and Scott Fisher, which now owns the company completely. Silverman said it is working with Select’s leaders and seeing its growth in its management career in the creator economy, which has led to reproductive decisions to develop its footprint in digitalization.

"There is no doubt that the eyeballs grow faster in the social universe than in the traditional universe. So we want to traverse both." Hollywood Reporter.

This led to an eight-figure deal to buy Parker Management at Lindsay Nead, which was founded in 2017 and initially focused on health spaces, has since become a full-service lifestyle representative company with a roster of 85 clients. Parker Management, with 23 employees operating remotely in Portland, will join the breeding lineup as an independent company.

Its clients include lifestyle influencers with a large number of social followers, including Alyssa Fluellen, Alia and Radwa Elkaffas (aka Food Doll), Angela Rose and Kylie Katich, and most recently signed to Madison Ruff May and Kayzie Weedman. Parker’s influencers have partnered with lists of blue-chip companies such as Disney, Amazon, Nike, and Walmart. The company said about one in five creators are earners over a million dollars.

Silverman added: “The achievements she made with the team building Parker really attracted us.

"Through the acquisition, we are accelerating our strategy to be the forefront of a growing creator economy," Owens, CEO of Breeding, added in a statement.

She said the decision to remain operationally independent of Parker’s name, not just absorbed by a larger company, and Nead’s thoughts were related to the proposal for reproduction, she said: “After a long process of exploring some potential partnerships with some of our industry’s largest partnerships, it became extremely clear and filled with great interest in our aspirations with our industry.”

Los Angeles-based Spagagate now has all management and production brands with 225 employees and has significant bets on its content products, including the upcoming golf comedy stamp Along with Owen Wilson of Apple TV+, the Sports Anthology Series Not counted On Netflix and Untitled office Derived on peacock.

“We’ve also been strategic: We haven’t hired 1,000 development executives or funded our own scripting, where you may end up being eliminated by the wrong choice,” Silverman noted. “We’re very measured in choosing to leave capital behind.”

"We are consciously and fortunate to be able to sustain ourselves on our balance sheet, which is a miracle in the modern entertainment world," the breeding chair added.