Inside the gleaming towers of marble and modern art containing Hollywood’s storied agencies lays the beehive of Hollywood: 10 percenters rolling calls and doing deals (that close slowly), and fresh faces filing the mailroom. But agencies aren’t immune to industry upheaval. Consolidation is just one reason more agents are leaving for management(resulting in a new class of manager superstars) as the team dives into our weeklong series about the representation business. Also: Elaine Low returns from TV conference NATPE, and Richard Rushfield and Peter Kiefer check in from Sundance.

For more entertainment news, subscribe to The Ankler.

Learn more about your ad choices. Visit megaphone.fm/adchoices