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How Agents Ride Out a Recession

UTA C.E.O. Jeremy Zimmer speaks candidly about cuts at the streamers, the writers’ unrest, WME’s expansion, CAA’s M&A, and what’s next for his own agency amid an economic downturn.

Jeremy Zimmer
UTA C.E.O. Jeremy Zimmer. Photo: Alberto E. Rodriguez/Getty Images/Chrysalis
Matthew Belloni
December 19, 2022

It’s been a wild year at the talent agencies, with CAA and ICM Partners merging, WME installing new leaders, and UTA selling a big chunk to a Swedish private equity firm. All while the ground shook under the talent community as the streamers that have fueled the Hollywood economy re-assessed their spending amid a market turn. UTA C.E.O. Jeremy Zimmer jumped on a Zoom with me Thursday to break it all down. This interview has been edited for length and clarity.