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Cash Windfalls For WME Agents, Assistants

By NIKKI FINKE, Editor in Chief | Tuesday May 22, 2012 @ 11:59am PDTTags: Big Deals Film, Big Deals TV, Hollywood agencies, Silver Lake Partners, WME

EXCLUSIVE: A lot of WME staffers tomorrow get handed checks courtesy of that recent deal with strategic equity partner Silver Lake Partners. The agency won’t say who gets how much, but a source tells me, “There are some checks that are obnoxiously high, and there are some checks that are high enough.” It’s not just board members and partners, either: I’m told WME assistants will get $1,000 each as a “token of appreciation”. (Hey, isn’t that what those poorly paid peons pocket all year?) On May 2nd the Hollywood agency announced that techno-savvy Silver Lake was taking a 31% non-controlling minority interest in a deal set by WME toppers Ari Emanuel and Patrick Whitesell. The investor, Emanuel, and Whitesell all decided to bestow the cash.

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It’s Official: WME-Silver Lake Announcement

By NIKKI FINKE, Editor in Chief | Wednesday May 2, 2012 @ 10:55am PDTTags: Hollywood agencies, Silver Lake Partners, WME

EXCLUSIVE: WME Sets Silver Lake As Strategic Digital Equity Partner In Exchange For 31% Non-Controlling Minority Interest Of The Agency

BEVERLY HILLS, CA AND MENLO PARK, CA – May

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WME Sets Silver Lake As Strategic Digital Equity Partner In Exchange For 31% Non-Controlling Minority Interest Of The Agency

By NIKKI FINKE, Editor in Chief | Wednesday May 2, 2012 @ 9:52am PDTTags: Ari Emanuel, Big Deals Film, Big Deals TV, Silver Lake Partners, WME

It’s Official: WME-Silver Lake Announcement

BREAKING… EXCLUSIVE… UPDATED: WME held a mandatory staff meeting this morning to announce internally that a “strategic equity partner”, techno-savvy Silver Lake Partners, is taking a 31% non-controlling minority … Read More »

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