Following a breach-of-contract lawsuit filed after he departed the agency, former CEO Bill Weinstein and Verve have agreed on a settlement.
21.02.2024 - 21:19 / variety.com
Katcy Stephan Verve agents Jake Dillman, Matthew Doyle and Devon Schiff are leaving the literary boutique in the wake of Bill Weinstein‘s departure, Variety can confirm. It appears Weinstein has plans to set up shop on his own, as alluded to in a statement from Verve leadership. “We are aware that Bill may be trying to create his own agency and we wish him the best,” the statement reads.
“Since his departure Monday, we have let go of a few additional employees whose visions do not align with the culture and the future of Verve.” Weinstein’s exit came after his yearlong tenure as CEO and and 14 years after he helped launch the agency following Endeavor’s takeover of the William Morris Agency. The precise reason for his departure is still unknown. Weinstein founded the agency alongside Bryan Besser sand Adam Levine in 2010.
The trio worked their way up together from the mailroom at Endeavor to junior film and TV literary agents in the early 2000s. Weinstein is the first of the co-founders to leave the business. “We thank Bill as a co-founder and for his 14 years of service and wish him nothing but success in his future,” leadership said at the time.
The agency also confirmed that his CEO role would not be filled but “shared by the founders and managing partner.” Last year, Verve’s roughly 50 agents and support staffers moved into 53,000 square feet of new office space in Hollywood. Weinstein could not be reached immediately for comment. News of the agents’ departure was first reported by Deadline.
Following a breach-of-contract lawsuit filed after he departed the agency, former CEO Bill Weinstein and Verve have agreed on a settlement.
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Cynthia Littleton Business Editor Bill Weinstein has exited Verve talent agency after a little more than a year as CEO and 14 years after he helped launch the literary boutique on the heels of Endeavor’s takeover of the William Morris Agency. The parting was confirmed late Monday by Verve in a statement. “We thank Bill as a co-founder and for his 14 years of service and wish him nothing but success in his future,” read a statement attributed to “Verve leadership.” The agency also confirmed that Weinstein’s role as CEO would not be filled but rather “shared by the founders and managing partner.” Weinstein could not immediately be reached for comment.
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