Billionaire Pinault in Pursuit of Hollywood Agency

A Hollywood Talent Agency Attracts the Interest of Billionaire Francois-Henri Pinault as Actors Go on Strike over Writers’ Pay



















Billionaire Pinault in Pursuit of Hollywood Agency

Power couple: Francois-Henri Pinault is married to actress Salma Hayek

The Creative Artists Agency (CAA), one of Hollywood’s largest talent agencies, is currently engaged in discussions with French billionaire Francois-Henri Pinault. The potential deal, estimated to value CAA at £5.3 billion, would result in Pinault, who is married to actress Salma Hayek and runs luxury fashion giant Kering, acquiring a majority stake in CAA. CAA, owned by a private equity firm, holds significant influence in the entertainment industry with clients such as Tom Hanks, Zendaya, and Steven Spielberg.

Kering, on the other hand, owns renowned brands like Gucci, Alexander McQueen, and Bottega Veneta. Although no final decisions have been made, reports suggest that the negotiations are ongoing. As this unfolds, actors have joined film and TV writers in going on strike due to disputes over writers’ pay.


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