How The Pieces Fit In CAA’s Acquisition Of ICM Partners

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CAA’s acquisition of ICM Partners, the biggest shakeup in the Hollywood representation space in over a decade, continues a tradition of consolidation in the agency business. CAA and Endeavor both were launched by star agents who left established powerhouses WMA and ICM, respectively. The fastest way to grow is through acquisition or merger. Since size is crucial in the cutthroat agency business, here is how CAA would scale up in different areas if its acquisition of ICM Partners goes through to form a combined company that would continue to carry the CAA name. Before ICM purchased the Stellar Group in October 2020, their annual billings were estimated to be around $200M, fueled by TV, TV lit and its publishing divisions. Based on that, industry insiders estimate that CAA likely shelled out more than $550M for ICM. ICM has offices in New York, Los Angeles and London, with roughly 400-plus employees. The agency does not have a Nashville or China outpost. CAA has more tha
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