CAA Sells Majority Stake to Pinault's Artemis in $7 Billion Deal Despite Talent Strikes
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CAA sold a majority stake to Francois-Henri Pinault's Artemis, valuing CAA at $7 billion despite current talent strikes.
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The deal proves the success of CAA's leaders Lourd, Huvane, and Lovett since taking over in 1995.
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Lourd was made CEO, essential for Pinault's management structure. He's emerged as an industry statesman.
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Questions remain about how CAA agents will balance major company growth with client needs.
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Spotlight grows on client Salma Hayek, Pinault's wife, as a power player given the business ties.