, left, and John Sloss (Getty Images photo)
...In a seismic shift of power in the independent film community, CAA's top New York film agent Bart Walker is leaving the agency to join John Sloss and Robert Nathan as a partner in Cinetic Media, Manhattan's leading film sales agency.
"Our move into management will allow us to have ongoing relationships with artists to complement our consulting and transactional relationships with financiers," Walker
...Walker and Sloss will oversee management, financing and sales activities, and they anticipate no strict division of labor.
"It's about achieving the ideal balance of what's right for the project and what's right for the artist," Walker
The pair have long been two of the primary figureheads in the New York film-sales business.Walker was the lead motion picture literary agent in CAA's New York offices for three years, repping Julian Schnabel, Julie Taymor, John Turturro, Mira Nair, Tamara Jenkins, Sofia Coppola, Jim Jarmusch and such production companies as American Zoetrope.
Sloss often competed with Walker
to rep indie film sales.
...Walker resigned from CAA Thursday and spent much of the day contacting his roster.
It's expected that most of Walker's clients will join him, though it's unclear how many will continue having agency representation at CAA
or elsewhere.The pair might have been rivals in film sales and financing, but they've also been friends for about two decades, meeting when Walker was executive vp at indie distributor Cinecom from 1985-87.
A CAA spokesperson declined to say when a replacement would be announced for Walker
or if any of the company's Los Angeles employees would be heading for New York, though an announcement might be forthcoming.
"We share a passion for representation in broad terms and feel we are at an inflection point in the way films are financed, produced and distributed," Sloss and Walker