Roc Nation, the multifaceted management-label-publishing company established as a partnership between Jay-Z and Live Nation, was hit with multiple furloughs and pay cuts last month that extend across as much as half the company, multiple sources confirm to Variety.
Endeavor Officially Announces Pay Cuts as Ari Emanuel and Patrick Whitesell Forgo Salaries
01.04.2020 - 21:18 / variety.com
Endeavor has officially begun rolling out pay cuts as it grapples with the economic impact of the coronavirus pandemic across the industry. Endeavor heads Ari Emanuel and chairman Patrick Whitesell are forgoing their salaries, with president Mark Shapiro cutting his in half.
The pay reductions will proportionately increase according to base salary, from 5% to 30%. The adjustments will be reflected in the next paycheck.
Other agencies that have implemented similar cuts include UTA and Verve, with
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