Yet another outpost of the theatre industry hit by the recession: the William Morris Agency.
Peter Franklin, the longtime head of WMA's theater department, was among the 100-plus WMA staffers to get a pink slip earlier this week.
News of Franklin's departure amid the consolidation of WMA and Endeavor operations sounds like confirmation of long-swirling rumors that the WMA theater department would be shut down in the merger with Endeavor. However, a rep for WME said there are no plans to scuttle the division. Franklin was the only member of the legit team to go, leaving a roster of agents that includes David Kalodner, Susan Weaving, Val Day, Derek Zasky, Jonathan Lomma and Biff Liff.
Last time I checked, Laurents, Albee, and McNally all seem to still be working pretty regularly and, therefore, bringing in some dough to WMA. So what gives?
Oh yeah, that merger....