Tuesday, June 16, 2009
If Super Agents earn this much...?
SUPER SALARIES OF
A confidential memo leaked from inside one of Hollywood's top talent shops has shed light on just how much some of the industry's leading agents rake in.
The memo, which appears to be written by William Morris CFO Irv Weintraub and was obtained by Hollywood news site The Wrap, shows the personal salaries and stock apportioning of the agency's top agents, executives and board members from 2007.
William Morris was recently acquired by Endeavor, run by uber-agent Ari Emanuel.
According to the memo -- faxed from John Fogelman, who co-heads the agency's movie department --
Jim Wiatt, the William Morris head who was unceremoniously pushed out after the merger, made $7 million in 2007, while president Dave Wirtschafter, who serves as co-chief executive of the new firm along with Emanuel and Patrick Whitesell, took in $6 million.
Old-timer Norman Brokaw took in $4.25 million.
"While there's plenty of gossip about who makes how much at the talent agencies, these are all privately owned companies, and these numbers never become public," Web site editor Sharon Waxman says.
"I'm guessing that more than a few of William Morris' clients are scrutinizing this memo and thinking about whether their representatives are worth what they're paid."
***Josef Adalian, the television editor at Variety for nine years until jumping last year to TV Week as deputy editor, is moving again.
This time he is going to The Wrap as television editor.
The website started by Sharon Waxman recently added former Variety executive editor Michael Speier as a top editor and ex-Variety publisher Charlie Koones as a member of the board.
***Fox News bowed to pressure from Kelly Preston, Tom Cruise and other members of the Church of Scientology when it fired columnist Roger Friedman, the entertainment journo is expected to charge in a wrongful termination lawsuit this week.
***Super-attorney Tom Girardi will be the guest of honor at the L.A. Media RoundTable dinner Tuesday night at The Palm.
***Hollywood publicist Michael Levine, who has spoken recently at Oxford University and the Harvard Business School (despite never attending college), will be headline a Special LIVE "Question and Answer" dialogue on success this Saturday at the Fine Arts Theatre in Beverly Hills.
Tickets are free but you must have a reservation - e-mail: HollywoodEvents2009@gmail.com
***Among U.S. magazines on Facebook, Hearst's Cosmopolitan has secured 296,080 friends;
Wenner Media's Us Weekly is the only title with a sponsored page, by State Farm; and Conde Nast's Wired, more than most magazines, makes much of the material from its site available.
***Rupert Murdoch paid just $580 million for MySpace in 2005.
Now, MySpace is losing traffic and layoffs are rumored. Some observers say that while Murdoch had the vision to grab MySpace, he didn't know what to do with it. "It may be that Rupert is ultimately a newspaper guy."
***Forbes magazine, long a synonym for riches, has fallen on hard times.
The publisher has laid off about 100 staffers since November.
After the recent shutdown of Conde Nast's Portfolio, industry experts expect that another business magazine will be felled by the current recession.
***Sharon Waxman, the one-time Hollywood beat reporter for the New York Times who raised $1 million to launch TheWrap.com, is starting to break news and hire staffers.
The industry trades Hollywood Reporter and Variety are not "viable anymore," she says.
Their time "is over."
***The TV Guide Channel is laying off 38 staffers, including presenters John Fugelsang and Teresa Strasser, as part of a downgrade of three existing series by the network's new owners.
The weekly talk show "TV Watercooler," featuring Fugelsang and Strasser, is going off the air starting June 22.
***Freelancers and others on unconventional assignments for start-up news organizations may find fewer resources to help them when they are in danger.
"We will be ready in a future peace agreement to reach a solution where a demilitarized Palestinian state exists alongside the Jewish state."
-BENJAMIN NETANYAHU, the prime minister of Israel.
LBN HISTORICAL COMMENTARY By OSAMA BIN LADEN:
Acquiring weapons for the defense of Muslims is a religious duty.
If I have indeed acquired these weapons, then I thank God for enabling me to do so.
And if I seek to acquire these weapons, I am carrying out a duty.
It would be a sin for Muslims not to try to possess the weapons that would prevent the infidels from inflicting harm on Muslims. ( 1998).
Kris, Adam, Allison all sign record deals,
but not Danny;
Archuleta working on Christmas record
Three of the top four American Idol 8 finalists have signed with 19 Recordings and have record contracts with major labels that will release their first albums this fall.
The exception is early front-runner Danny Gokey, who has signed nothing.
Kris Allen and Allison Iraheta’s albums will be out this fall on Jive Records, and Kris says says his will be “definitely in the pop/rock genre.”
Adam Lambert’s first album will be released on RCA Records, and is “going to be ridiculous,” he says in his press release.
The fall release dates mean they’ll be working while on tour this summer.
release, by the way, is far more glowing than Kris’; Simon Fuller calls Adam a “unique and unforgettable and a certain star of tomorrow” while RCA’s Barry Weiss says “he is one of those rare, future global stars.”
In Kris’ press release, Weiss calls him “a super-talented singer and all-around gifted musician” and Simon Fuller says he has a “soulful voice, good looks and gracious demeanor.”
In far more entertaining Idol record news, David Archuleta and his creepy dad are working on a Christmas album.
US News reports that “Jeff, who did not appear any bit of the ogre he was said to be behind the Idol curtain, is a coproducer” and “said the album will include traditional songs like ‘Silent Night’ and up to three written just for David.”
I think there’s a joke somewhere in that but I’m too far removed from Christmas to connect it to David Archuleta.
19 Recordings Has Signed the American Idol Season 8 Winner, 19 Recordings Has Signed the American Idol Season 8 Runner-Up, and Allison Iraheta Signs to 19 Recordings [RCA and Jive press releases]