Grace Rambo has been promoted to digital operations manager at The Experiment. At Talcott Notch Literary Services, Saba Sulaiman has been promoted to agent. Paula Munier becomes agent and storytelling and content director. Tia Mele has added a new role as audio rights director. Jackie Ashton has joined Lucinda Literary as agent, with a focus…
Agency News
Endeavor Looks to Raise More Capital, Judge Pares Screenwriters’ Suit, and More
As Endeavor starts informing roughly a third of its staff about who is fired, furloughed and/or set for working half-time, the company is also looking to raise another $250 million in financing to help it through the pandemic, the NY Post reports. In the meantime, Moody’s joined S&P Global Ratings in downgrading Endeavor’s considerable debt…
Jeffrey Archer Sues Curtis Brown UK For Alleged Underpayments, Breach of Duty
Earlier this month, author Jeffrey Archer filed suit in London’s High Court against his former literary agency, Curtis Brown UK, claiming they owe him £538,486 in alleged underpayments since they began representing him in 2002, plus interest on those funds of over £250,000. Archer also seeks damages for breach of duty, and a formal declaration…
People, Etc.
Millicent Bennett has joined Houghton Mifflin Harcourt as editorial director, reporting to Bruce Nichols. She was previously executive editor at Grand Central, and has worked at Simon & Schuster, Random House, Ecco, and Knopf. Sarah Pelz has joined HMH as executive editor, reporting to Deb Brody, with a focus on acquiring lifestyle nonfiction. She was…
ICM Sells A Stake to Private Equity
ICM Partners, which bought its freedom in 2012 from controlling investor Rizvi Traverse Management, has once again sold a stake in the agency. This time, they have a sold a minority one-third share in the agency to Crestview Partners, for approximately $150 million. CEO Chris Silbermann told Variety some of that money would be used…
Briefs: Neon Literary, Bloomsbury’s China JV, and More
Agency News Anna Sproul-Latimer and Kent Wolf have joined to launch Neon Literary, with offices in New York and Washington, DC. Sproul-Latimer has been at the Yoon Ross Agency for almost 15 years, and Wolf has been at the Friedrich Agency. They say in their announcement “it was the eventual realization that their clients were…