Albrecht connects to Endeavor
So what's up with the former HBO head - and the guy who was arrested and charged with assaulting a girlfriend in a Vegas parking lot - joining IMG? Nikki Finke says it could signal that the Endeaver talent agency is in play. Here's the thing: Ari Emanuel runs Endeavor and is tight with Albrecht (he fiercely defended his friend after the Vegas arrest). Emanuel is also connected with Teddy Forstmann, of private equity firm Forstmann Little, which happens to own IMG. Emanuel has been looking to cash out, while Forstmann is always looking for a good deal. Get it? Here's more from NF’s Deadline Hollywood Daily:
I'm told that after Albrecht was pushed from HBO last May, Emanuel called Forstmann, the chairman of IMG, to set up a meeting inside of a month. "They actually had their lunch at Wimbledon," an insider told me. (IMG does business with major tennis stars: HBO used to broadcast the major tourney.) So Emanuel's yearly attendance at Teddy's's heavyweight economic and political Aspen get-together may finally pay off.
3:50 PM Wednesday, September 19 2007 • Link
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