The Gersh Agency Explained

The Gersh Agency
Type:Private
Key People:Bob Gersh, David Gersh and Leslie Siebert: Co-presidents[1]
Industry:Talent and Literary Agencies
Num Employees:about 600
Foundation:Beverly Hills, California, U.S.(1949)
Location:Beverly Hills, California
New York City, New York

Gersh (also known as The Gersh Agency) is a global entertainment and sports agency based in Beverly Hills, California, with offices in New York City, Madrid, and other offices spread across 14 countries.[2]

Established in 1949 by Phil Gersh,[3] the agency represents a diverse roster of clients across film, television, sports, theater, comedy, branding, publishing, and digital media. The company’s ongoing growth plan makes Gersh the fastest-growing agency in the entertainment industry worldwide. [4]

The company was wholly owned by the Gersh family until 2023 when a minority interest was sold to Crestview Partners, a private equity company. The agency is currently run by co-presidents Bob and David Gersh, and Leslie Siebert. [5]

History

Gersh was founded in Beverly Hills in 1949 by Phil Gersh. He was considered one of the last links between Hollywood's Golden Age and today's corporate-owned movie business[6], and his clients included Humphrey Bogart, David Niven, and Richard Burton.[7] In 1965, Phil Gersh was able to purchase the agency's Beverly Hills office with his fee for representing Robert Wise, director of The Sound of Music. [8]

Phil Gersh gradually handed over responsibility to his two sons, Bob and David Gersh but continued to play a role in the company's management until 10 weeks before his death in 2004.

In 2010, Gersh purchased literary agent Hohman, Maybank, Lieb.[9]

In 2023, Gersh sold a 45% stake to investment firm Crestview Partners, at the same time naming Leslie Siebert co-president.[10] Until this sale, the company had been wholly owned by the Gersh family for nearly 75 years.[11]

Following the investment from Crestview Partners, Gersh began a global expansion plan. In January 2024 Gersh acquired the digital and unscripted departments of A3 Agency, bringing more than 25 agents, 45 additional staff members, and hundreds of clients to the agency.[12] The company also brought in new senior executives in the Business Affairs,[13] Communications,[14] and HR departments,[15] and a number of agents from other companies.[16] In June 2024, the company announced that it had created the new role of Head of Affiliate Marketing - the first such role established at a major agency - and was promoting staff in its digital division and elsewhere in the company.[17]

In December 2024 Gersh acquired You First, a global sports and entertainment agency based in Madrid, adding a roster of clients in the global sports industry. The acquisition doubled the size of Gersh, established its presence in offices in 14 countries, and launched the new Gersh Sports division of the company.[18] [19]

Gersh Spike Lee Fellows

In 2023, Gersh partnered with client Spike Lee and the Atlanta University Center Consortium (AUCC)—consisting of three Historically Black Colleges and Universities: Morehouse College, Spelman College, and Clark Atlanta University—to launch the Spike Fellows at Gersh program.[20] The initiative is designed to nurture creative undergraduate students from AUCC with interest in the entertainment industry.[21]

In 2024, the second class of Spike Fellows hosted the inaugural Spike Fellows' Young Black Hollywood Mixer,[22] a networking event for young Black people working in the industry.

Notes and References

  1. Web site: Fleming . Mike Jr. . 2023-05-01 . Gersh Agency Sells 45% Stake To Private Equity Firm Crestview Partners; Leslie Siebert Upped To Co-President . 2023-06-30 . Deadline . en-US.
  2. Web site: Stephan . Katcy . 2024-12-03 . Gersh Acquires Global Sports and Entertainment Agency You First, Launches Gersh Sports . 2024-12-04 . Variety . en-US.
  3. Sun . Rebecca . June 4, 2015 . The THR Guide to the 7 Major Hollywood Agencies . July 10, 2019 . The Hollywood Reporter.
  4. Web site: Balsach . Marta . 2024-12-03 . You First Joins Gersh, Creating a New Force in Global Sports and Entertainment Representation . 2024-12-03 . You First . en-US.
  5. Web site: Hayden . Erik . 2023-05-01 . Gersh Sells Minority Stake to Private Equity Firm Crestview Partners . 2023-06-30 . The Hollywood Reporter . en-US.
  6. Web site: McLellan . Dennis . 2004-05-11 . Phil Gersh, 92; Agent With Old Hollywood Instincts, Art Patron . 2024-12-03 . Los Angeles Times . en-US.
  7. News: Weinraub . Bernard . May 12, 2004 . Bernard . live . The New York Times.
  8. News: Reed . Christopher . 2004-07-06 . Phil Gersh . 2024-12-03 . The Guardian . en-GB . 0261-3077.
  9. Web site: Jr . Mike Fleming . 2010-12-01 . UPDATE: Gersh Confirms Hohman Maybank Lieb Deal . 2024-12-03 . Deadline . en-US.
  10. Web site: Jr . Mike Fleming . 2023-05-01 . Gersh Agency Sells 45% Stake To Private Equity Firm Crestview Partners; Leslie Siebert Upped To Co-President . 2024-12-03 . Deadline . en-US.
  11. Web site: Littleton . Cynthia . 2023-05-01 . Gersh Agency Sells Minority Stake to Crestview Partners, Promotes Leslie Siebert to Co-President . 2024-12-03 . Variety . en-US.
  12. Web site: Maas . Jennifer . 2024-01-09 . Gersh Acquires A3 Artists Agency’s Digital and Unscripted Divisions . 2024-12-03 . Variety . en-US.
  13. Web site: Otterson . Joe . 2024-01-23 . Gersh Hires A3’s April Perroni as Head of Business Affairs (EXCLUSIVE) . 2024-12-03 . Variety . en-US.
  14. Web site: Kit . Borys . 2024-01-04 . Gersh Taps Matt Andrée Wiltens as Head of Global Corporate Communications . 2024-12-03 . The Hollywood Reporter . en-US.
  15. Web site: Grobar . Matt . 2024-06-27 . Gersh Names Endeavor’s Catherine Benoit Masraff Head Of Human Resources, Promotes Kenji Shishido To Agent . 2024-12-03 . Deadline . en-US.
  16. Web site: Stephan . Katcy . 2024-02-27 . Gersh Hires Doug Fronk as SVP and TV Literary Agent . 2024-12-03 . Variety . en-US.
  17. Web site: Grobar . Matt . 2024-06-13 . Gersh Digital Division Names Meg Chemburkar Head Of Affiliate Marketing, Promotes Seven . 2024-12-03 . Deadline . en-US.
  18. Web site: X . Instagram . Email . Facebook . 2024-12-03 . Talent agency Gersh acquires sports representation firm You First in major expansion . 2024-12-04 . Los Angeles Times . en-US.
  19. Web site: Hayden . Erik . 2024-12-03 . Gersh Buys Sports Agency to Fuel Expansion Plans . 2024-12-04 . The Hollywood Reporter . en-US.
  20. Web site: White . Abbey . 2023-05-12 . Spike Lee and The Gersh Agency Announce Inaugural Spike Fellows . 2024-03-19 . The Hollywood Reporter . en-US.
  21. Web site: Sun . Rebecca . 2023-01-12 . Spike Lee, Gersh Launch HBCU Fellowship Program . 2024-03-19 . The Hollywood Reporter . en-US.
  22. Web site: Lang . Robert . 2024-07-26 . Step & Repeat Gallery: The Best Red Carpet & Party Photos Of 2024 . 2024-07-29 . Deadline . en-US.