RUMOR MILL
Wednesday, June 16, 2010
Add CAA-KKR
CROSSTOWN RIVALS: A KKR investment in CAA would pit the firm's co-founder, Henry Kravis, against his old rival, Ted Forstmann, a veteran deal maker who helped pioneer the private-equity business, the WSJ story points out. Forstmann owns sports agency IMG Worldwide. When Forstmann's firm paid $725 million for IMG in 2004, it outbid KKR and Providence Equity Partners. The sports business has become an important component of CAA's business, which it ramped up in 2006 with the hiring of a handful of powerful sports agents from IMG. In addition to repping high-profile athletes like Manning, CAA's sports business also includes forging lucrative sponsorship deals between corporate clients, athletes and professional sports teams. (6/16a)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
