\t\t\t\t\t\t<\/p><\/div><\/div> \t\t\t\t\tUzo Aduba and Anna DerParseghian <\/span><\/p>\n \t\t\t\t\t\t\t\t\tRich Polk<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n \n\tIn accepting her award, DerParseghian \u2014 one of only a handful of female managing partners in entertainment business management \u2014 told the room, \u201cI love what I do. I\u2019m so grateful to go to work every day and do something that I really love, with people that I adore, and now to also get recognized for that work is really fantastic and such a privilege that I don\u2019t take lightly,\u201d before going on to thank her colleagues, family and clients. She noted, \u201cI love helping our clients and nurturing them as they grow into the maturity of their careers and their success \u2014 to help them celebrate their first home, their first child, their first accolades, and to watch them flourish and allow them to focus on their art and what they do best.\u201d<\/p>\n \n\tShe concluded with referencing how last year\u2019s Icon Award winner John McILwee referred to business managers as \u201cthe unsung heroes of the entertainment industry and we really are; if we do what we do well, we ensure that our clients\u2019 financial health is safe and sound. We allow them to focus on their art and being creative. We do what we do best so they can do what they do best.\u201d <\/p>\n \n\tTHR<\/em> business and legal writer Winston Cho then joined Lichter,\u00a0Grossman, Nichols, Feldman, Rogal, Shikora & Clark, Inc. founding partner Linda Lichter for a keynote conversation, which began with an acknowledgement of the \u201cpretty serious disruptions\u201d the industry has faced in the last few years with the pandemic, strikes, L.A. fires, consolidation, AI and the Trump administration.<\/p>\n \t\t\t\t\t\t \t\t\t\t\tLinda Lichter and Winston Cho <\/span><\/p>\n \t\t\t\t\t\t\t\t\tRich Polk<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n \n\t\u201cMy sense is that the community is on kind of a knife edge,\u201d she admitted. \u201cThe people who are successful, already established, are doing great; they\u2019re the first people that anybody goes to for a job. The people who are starting out are really having a hard time getting in because the opportunities are not necessarily there or the normal pathways to get in are not necessarily there. The people in the middle are just wondering if they\u2019re ever going to get another job\u201d with a \u201cnagging concern about consolidation. Does that mean that people will lose their jobs? Does that mean that there will be less places to sell things? These are all concerns that the community has.\u201d <\/p>\n \n\tLichter also gave her endorsement to David Ellison taking over Paramount \u2014 \u201cI think that he\u2019s going to revitalize the studio and that\u2019s a very positive thing for everybody\u201d \u2014 cited YouTube as one of Hollywood\u2019s biggest business opportunities and commented on the uncertainty of AI, as \u201ceven if you had an understanding between SAG and the producers about how do you use actors\u2019 images, I\u2019m not sure that anybody can actually control it. That to me is like the thing that we all have to really be thinking hard about, which is, how do we control this process?\u201d<\/p>\n \t\t\t\t\t\t \t\t\t\t\tMatthew Salmeron, JaHan Wang, Marie Demirdjian and John McIlwee <\/span><\/p>\n \t\t\t\t\t\t\t\t\tRich Polk<\/cite><\/p>\n<\/figcaption><\/figure>\n<\/div>\n \n\tOverall, at an uncertain time in the industry, Lichter said she sees her job, in part, as \u201cto try to get people enough money so that they can survive between jobs. I think your job is to make sure that they have invested wisely, that they\u2019re conservative about what they spend their money on, that they are making a plan for the future, that they have life insurance \u2014 all those other kinds of things \u2014 and that they have investments that might support them when the business is not happening. If you\u2019re an actor and you\u2019ll be getting residuals and those kinds of things, you want to be able to invest in yourself for the future. And I would think that\u2019s the main job as a business manager, is to figure out how to keep the clients\u2019 financial life relatively stable in an unstable world.\u201d <\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.hollywoodreporter.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" The Hollywood Reporter raised a glass \u2014 and a coffee mug \u2014 to some of the entertainment industry\u2019s unsung heroes on Wednesday morning, hosting its Power Business Managers breakfast at Wolfgang Puck\u2019s Cut in Beverly Hills. The 15th annual event, presented by City National Bank and sponsored by Wheels Up and Delta Airlines, accompanied THR\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":2109247,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[399415,399416,23859,399417,399418,399419],"class_list":["post-2109246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-business-managers","tag-business-managers-recap","tag-business-news","tag-power-business","tag-power-business-managers","tag-power-business-managers-2025"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/10\/What-a-Top-Entertainment-Lawyer-Makes-of-Hollywoods-AI-Fears-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2109246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2109246"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2109246\/revisions"}],"predecessor-version":[{"id":2109248,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2109246\/revisions\/2109248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2109247"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2109246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2109246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2109246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.hollywoodreporter.com\/wp-content\/themes\/vip\/pmc-hollywoodreporter-2021\/assets\/public\/lazyload-fallback.gif\")
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