Press

CAA MARKETING ACQUIRED BY STAGWELL GROUP

Ad Age: September 27, 2017
Ad Age Ann-Christine Diaz and Lindsay Stein September 27, 2017 CAA Marketing will no longer be CAA Marketing. The Stagwell Group, through its Stagwell Media fund, has acquired a majority stake in the entertainment marketing division of the talent agency, which will become a new company. CAA will retain a minority stake in the company. CAA Marketing has been a creative force in the industry, most notably for its Cannes…

CAA SPINS OFF MARKETING ARM WITH STAGWELL MEDIA STAKE DEAL

Deadline: September 27, 2017
Deadline Patrick Hipes September 27, 2017 Stagwell Media has acquired a majority stake in CAA’s entertainment marketing division in a move that will create a separate company. The agency will retain a minority stake in the new entity, which will get a name soon. Jae Goodman, who served as co-head and chief creative officer of CAA Marketing, has been appointed CEO. It’s the latest big-money move for CAA, which yesterday…

CAA SPINS OFF MARKETING BUSINESS

The Hollywood Reporter: September 27, 2017
The Hollywood Reporter September 27, 2017 CAA Marketing's Jae Goodman will become CEO of the yet-to-be-named organization, which will be majority-owned by Stagwell with a minority stake held by the agency. Its work includes Chipotle’s “Back to the Start” and “The Scarecrow” animated shorts.

THE AWARD-WINNING DIVISION WILL BECOME A NEW COMPANY MAJORITY-OWNED BY THE PRIVATE EQUITY FUND

The Hollywood Reporter: September 27, 2017
The Hollywood Reporter Rebecca Sun September 27, 2017 CAA is spinning off its award-winning entertainment marketing division into a separate company owned by private equity fund Stagwell Media, The Hollywood Reporter has learned. CAA Marketing co-head and chief creative officer Jae Goodman will become CEO of the yet-to-be-named organization, which will be majority-owned by Stagwell with a minority stake held by CAA. CAA Marketing co-head David Messinger will remain at…

PRESS RELEASE: STAGWELL MEDIA LLC ACQUIRES MAJORITY STAKE IN CAA MARKETING TO FORM NEW MARKETING SERVICES ORGANIZATION

September 27, 2017
STAGWELL MEDIA LLC ACQUIRES MAJORITY STAKE IN CAA MARKETING TO FORM NEW MARKETING SERVICES ORGANIZATION The Award-Winning Marketing Group Joins Stagwell’s Portfolio of Brand Services Companies   NEW YORK, September 27, 2017 – The Stagwell Group (http://www.stagwellgroup.com/), which invests in marketing services companies, today announced its fund, Stagwell Media LLC, has acquired a majority stake in the entertainment marketing division of Creative Artists Agency (CAA), creating a separate company that…