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SUN TZU QUOTE...“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.”

Friday, February 16, 2018

TALENT AGENT… (In the Entertainment industry. What does a talent agent do?)


Photo Credit: Zazzle.com

TALENT AGENT… (In the Entertainment industry. What does a talent agent do?)


Talent Agent

A talent agent is someone who represents professional actors, writers, performers, musicians, artists and athletes. Talent agents work on behalf of their clients to promote and represent their interests, and will typically handle the majority of all interactions between their client and the employer.

Having an agent is not required, but does help the artist in getting jobs (concerts, tours, movie scripts, appearances, signings, sport teams, etc.). In many cases, casting directors, or other businesses go to talent agencies to find the artists for whom they are looking. The agent is paid a percentage of the star's earnings (typically 10%). Therefore, agents are sometimes referred to as "10 percenters." Various regulations govern different types of agents. The regulations are established by artist's unions and the legal jurisdiction in which the agent operates. There are also professional associations of talent agencies.

Talent agents are considered gatekeepers to their client's careers. They have the ability to reshape and reconstruct their client's image. They are dealmakers and assist their client by orchestrating deals within the entertainment industry, more specifically in the Hollywood entertainment industry.

What does a Talent Agent do?
In general, a talent agent acts as a middleman between talented creative types and those that are looking to hire them. Talent agents may either actively seek out clients to represent, or have entertainers and artists contact them first. The latter scenario is much more common for entertainers who seek representation for the first time. More experienced entertainers and artists may change their agent as their career matures.

In some cases, Agents are also responsible for brokering deals for filmmakers. Effective Film Sales Agents must be able to negotiate, draw up contracts, and deal with international client and Distributor demands.

Agents usually work with Delivery services, which dispatch all the necessary materials to Distributors eg the release print, inter-negative, inter positives, sound masters, script and legal documents. Because films are sold to a large number of territories, this work is ongoing.  Agents must also provide regular financial accounts for client filmmakers, including a breakdown of costs and income for each film.

Film Sales Agents need to continually acquire new films so regularly attend screenings and festivals, and meet with new filmmakers. They also promote new films at various film festivals and markets; at lavish premiere parties, or film screenings; or by providing VHS/DVD copies for potential buyers. If a film does not sell, it may be necessary to launch a revamped campaign in order to re-sell it to Distributors.

The job duties of a talent agent involve a fair amount of communication and negotiation with prospective employers. Advances in information technology have allowed talent agents to perform much of their job duties online, but at the end of the day, person-to-person contract negotiations determine the final outcome.

Typically, talent agents spend the majority of their time making phone calls or contacting employers and potential clients online. Selling a client's talents to prospective employers takes up a large amount of the agent's day, and the most successful talent agents come up with new and innovative ways to accomplish their goal. Occasionally, something as simple as treating an employer's representative with a nice dinner is all it takes to finalize the signing of a client.

Talent agents promote the talents of their clients in addition to performing other marketing duties. Essentially, the amount of marketing considerations talent agents must consider depends upon the specific industry in which an agent operates. Sports agents, for example, have to consider many more marketing implications than an agent representing a painter or a writer. Talent agents representing actors and actresses have to consider their client’s marketing potential as well.

Depending upon a talent agent's area of expertise, the daily job duties may also include visiting music studios, concert venues, a record label's corporate office, a publisher's office, performance halls, and movie studios. A talent agent would do well to attend as many social events as possible in order to network efficiently and discover insider information about the current state of the movie business. When working on behalf of their clients, every contact an agent can make matters a great deal, more than an agent's clients may realize.

To do this you will need to: 
  • Representing filmmakers looking for distribution deals for their films…
  • Working with filmmakers to develop marketing strategies….
  • Delivering all the elements of the film to the Distributor…
  • Have strong business and managerial skills…
  • Understand the film industry thoroughly from script, to finance, to post-production…
  • Have a good eye for new talent…
  • Be enthusiastic and charming…
  • Have a good knowledge of current film trends…
  • Have good marketing skills…
  • Be flexible…
  • Be a good negotiator and salesperson…
  • Have good language skills to work internationally…
  • Be willing to travel and embrace different cultures… 

Difference between agents and managers
The difference between the roles of agents and managers has become smaller and more blurred. A frequent definition of the role of a talent manager is to "oversee the day-to-day business affairs of an artist; advice and counsel talent concerning professional matters, long-term plans and personal decisions which may affect their career." Considerable overlap exists as talent agents may opt to fill exactly the same roles for their clients out of a financial interest in developing the careers of their talent and currying their favor.

Various state laws and labor guild rules govern the roles reserved to agents, as well as specifying certain special rights, privileges, and prohibitions. In the state of California, the labor code requires licensing of talent agencies and includes regulations such as criminal background checks, maintaining separate operating accounts and client trust accounts, and limits total commissions to twenty-five percent, among other regulations. In contrast, management companies are described as "often unregulated." Agents also have certain privileged powers in situations of verbal agreement and can legally agree to a binding employment offer on behalf of their client.

A prominent difference between agents and managers under California state law is that licensed talent agents and employment agents are the only entities legally allowed to seek work on behalf of their clients. This legal distinction has enabled artists such as the Deftones, Pamela Anderson, Nia Vardalos, Freddie Prinze Jr., and others to break contracts with their managers and avoid commissions owed according to those contracts by proving "unlicensed procurement" in court. Because the enforcement against talent managers procuring work is largely carried out through civil litigation and not criminal penalties, managers directly seek out work in defiance of state laws, as clients out of self-interest will seldom object to them doing so and cases alleging illegal procurement are infrequent.

The Writer's Guild, Screen Actor's Guild, and Director's Guild, among labor guilds, strike agency franchise agreements that specify certain regulations and privileges reserved solely for agents including setting maximum commissions at ten percent of a talent's gross earnings. Managers do not face the same restrictions.

Sources, References & Credits: Google, Wikipedia, Wikihow, Pinterest, IMDB, Linked In, Indie Wire, Film Making Stuff, Hiive, Film Daily, New York Film Academy, The Balance, The Numbers, Film Maker, TV Guide Magazine, Media Match, Quora, Creative Skill Set, Investopedia, Variety, No Film School, Daily Variety, The Film Agency, Best Sample Resume, How Stuff Works, Career Trend, Producer's Code of Credits, Producers Guild of America, Film Connection, Entertainment Careers, Adhere Creative, In Deed, Glass Door, Pay Scale, Merriam-Webster, Job Monkey, Studio Binder, The Collective, Production Hub, The Producer's Business Handbook by John J. Lee Jr., Sokanu,

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