WGA Statement on Endeavor’s Planned IPO

Los Angeles – Writers Guild of America (WGA) issued the following statement today regarding the announcement that Endeavor is planning an initial public offering:

“Today’s announcement that Endeavor plans to become a publicly-traded company only strengthens the call for the conflicted and illegal practices of the major talent agencies to end. It is impossible to reconcile the fundamental purpose of an agency—to serve the best interests of its clients—with the business of maximizing returns for Wall Street. Writers will not be leveraged by their own representatives into assets for investors.”