Two words have been bouncing around the email inboxes and Slack channels that now comprise the virtual workplaces of Hollywood’s talent agencies, and they aren’t “social” and “distancing.” The buzz terms that have sprung from more than a dozen conversations Variety has held with top dealmakers and the companies they work with are “fragmentation” and “simplification” — the measures that Hollywood’s biggest reps must take in the coming months to survive, insiders say.
The storied institutions have seen revenue paralyzed and office cultures dismantled in less than two weeks, and have been rocked as the coronavirus has touched every facet of life and the due course of business.
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