Update: A Merger of Agencies Shakes Up Hollywood

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After months of discussion and rumors, two of the entertainment industry’s largest talent agencies, William Morris and Endeavor, agreed on Monday to merge as William Morris Endeavor Entertainment.

Hollywood is scrambling to shore up traditional movie, television and music businesses that are struggling with a digital revolution, while reaching for a grip on forms of entertainment that are still taking shape.

The merger ends a period of relative stability among the major agencies, raising the possibility of new combinations and a stronger thrust by talent representatives into fresh lines of business involving finance, digital distribution or corporate alliances.



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