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Fran\u00e7ois-Henri Pinault<\/strong> loves the stars, as demonstrated by his marriage to actress Salma Hayek<\/strong>.<\/p>\n <\/p>\n And he likes to invest.<\/p>\n <\/p>\n The rumor that had been circulating for a few weeks has now been confirmed by Bloomberg<\/strong>: the businessman at the head of Kering is said to be on the verge of buying Creative Artists Agency (CAA)<\/strong>, Hollywood’s mega-talent agency. CAA’s portfolio includes such celebrities as actors Georges Clooney, Brad Pitt and Natalie Portman<\/strong>, singers Justin Bieber and Britney Spears<\/strong>, director Steven Spielberg<\/strong> and athletes such as basketball player Chris Paul<\/strong>. And, not surprisingly, Salma Hayek is also one of the agency’s clients.<\/p>\n <\/p>\n <\/p>\n The information has not been officially confirmed, but the seriousness of the Bloomberg agency means that it can be considered reliable.<\/p>\n Fran\u00e7ois-Henri Pinault would take over the majority stake<\/strong> held by private equity group TPG Inc.<\/strong><\/p>\n The minority shares held by the Chinese company CMC Capital<\/strong> could also be sold to the Singapore government’s investment company, Temasek Holdings PTE.<\/strong><\/p>\n Founded in 1975 by five partners, Michael Ovitz, Michael S. Rosenfeld, Ronald Meyer, Rowland Perkins and William Haber,<\/strong> who had previously worked for an agency, CAA quickly became a star in the firmament of talent agencies.<\/strong><\/p>\n Initially focusing on film<\/strong> actors, CAA expanded its scope to include theater<\/strong> actors, and then sports<\/strong>, with NBA (basketball), NFL (soccer) and NHL (field hockey) champions.<\/p>\n In 2010<\/strong>, following the evolution of the cinema business model with the rise of digital technology, CAA, forced to diversify<\/strong> in order to survive (via concerts, publishing<\/strong>, etc.), opened up its capital<\/strong> to the private equity firm TPG Capital.<\/p>\n In addition to its Los Angeles<\/strong> office, CAA has also planted flags in the USA (New York, Chicago, Nashville<\/strong>), Canada (Calgary<\/strong>), Europe (London, Munich, Stockholm<\/strong>) and Asia (Mumbai, Beijing<\/strong>).<\/p>\n <\/p>\n <\/p>\n Admittedly, in the midst of a historic strike by Hollywood screenwriters and actors<\/strong>, who are up in arms against the spectre of artificial intelligence, the timing might seem ill-chosen…<\/p>\nMajority shareholding<\/h2>\n
A broader scope<\/h2>\n
Historic strike<\/h2>\n
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