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Diverse Media Group’s (Pink Sheets: DVME)
subsidiary Diverse Talent Group has proven itself to be a rock
solid force in Hollywood as it holds the prestigious position of the
world’s 10th largest
talent agency. In the new Talent Agency Rankings just published by the
award winning Los Angeles Business Journal, Diverse Talent Group
has again claimed its foothold among the top industry leaders.
Ranked 14th in 2002, the same year pacesetter
Creative Artist Agency took the first position away from the iconic
William Morris Agency, Diverse Talent Group moved rapidly up the ranks
to the 12th position by 2004. It was in 2006
that Diverse first reached a milestone and made it into the top 10 out
of more than 300 agencies.
The company was originally founded in 1982 as CNA & Associates; the
Agency was later merged with Susan Sussman’s
Premiere Artists Agency and renamed Diverse Talent Group. The Company
offers talent and literary representation in motion pictures,
commercials, episodic television and cable programming, in addition to
project packaging and distribution. With a roster of high-profile
clients and a mix of developing prospects, Diverse Talent Group is a
robust organization building on its foundation of talent-based
commissions and television and film packaging revenues.
Diverse Talent Group’s highly valued assets
consist of a client base that range in scope from Academy-Award®
winners and top sitcom artists, to hourlong drama directors, editors and
producers. It is this extensive client base that has propelled Diverse
Media Group’s rise to its current preeminent
position in Hollywood. This client roster provides the Agency with
recurring and ongoing revenues as the Agency receives percentages of all
proceeds generated from its celebrity clients. Additionally, Diverse
engages in high-margin development projects for television and film. The
Agency’s strong creative team has developed a
specialty in producing packages for film and television that provide
additional revenue streams as part of a diverse strategic growth plan.
Chris Nassif, president and founder of Diverse Talent Group, says: “We
have been consistently moving up the ranks and have demonstrated our
ability to thrive in a competitive environment. Having accomplished a
solid foothold as one of the industry’s top 10
agencies, our next target is focused on the top five and we are pulling
the trigger.”
The start of the 2009 television season marks the beginning of a welcome
industry turnaround, after last year’s strike
by the Writers Guild of America cut short the 2008 season. The industry
publication Mediaweek™ reports that “premiere
week was a good week for broadcasters, as viewers returned to network
shows in large numbers.” Diverse Talent Group
currently has numerous actors with regular or recurring roles, as well
as producers, directors and writers working on shows airing on
ABC (Disney), CBS (CBS Corp), Fox (News Corp), and NBC (General
Electric) as well as many other networks. Nassif added, “The
entertainment industry has historically done very well during economic
hard times and that trend seems to be holding true as our current
economy roller coasters. We are not only located in the epicenter of the
entertainment industry but after many years of persistence we are now
positioned to make our move and the timing is now right.”
About Diverse Media Group, Inc.
Diverse Media Group, Inc. (Pink Sheets: DVME) (http://www.diversemediagroupinc.com)
is an entertainment company that aggregates expertise across all aspects
of the media industry. Diverse Media Group has at its core the
established 27-year history of its wholly owned subsidiary, Diverse
Talent Group. Diverse Talent Group is now the 10th
largest Hollywood agency offering talent and literary representation in
commercials, episodic television, cable programming and motion pictures.
The company has the ability to create programming, foster distribution
and represent talented individuals to fuel a new digital age of content
generation. The parent company also includes subsidiary, Talent Quest
America, Inc., which identifies new and rising talent representing the
future of the Hollywood entertainment community.