EXCLUSIVE: In a major move that links two highly compatible management companies, The Gotham Group and Principal Entertainment Los Angeles are joining forces. The managers at Principal will move from Westwood into the Gotham headquarters on Sunset Blvd in Los Angeles on April 1. I’m told this is not exactly a merger, as the entities will continue to operate under their established names. But they will cross-collateralize their assets to make things happen. The fact that Principal is moving into The Gotham Group’s space indicates there could be a more permanent partnership down the line.
The linkup was set by Gotham Group founder/CEO Ellen Goldsmith-Vein and Principal partners Marsha McManus, Larry Taube and Liz Robinson. Gotham vets Lindsay Williams and Lee Stollman will help in facilitating the teaming up of the companies. Gotham is repped by CAA.