Endeavor Content plans to start talks with potential investors in the coming weeks to sell parent company Endeavor’s majority stake in the studio, in line with the recent Writers Guild of America (WGA) deal.

After Endeavor Content co-chairs Graham Taylor and Chris Rice spoke to staff on Tuesday, June 8, it is understood that some film sales managers will be returning to the WME stablemate in the coming months as and when. as the sales process continues. There were no further details at the time of writing.

The development comes as Alex Walton’s international sales team at Endeavor Content Film Group – the combined film sales and advisory entity led by Walton and Alexis Garcia – prepares to engage with buyers in the virtual marketplace of Cannes which will take place from June 21 to 25.

Earlier this year, WME signed the WGA franchise agreement which aims, among other things, to avoid conflicts of interest by stipulating that agencies cannot own more than 20% of an affiliated production entity.

Endeavor Content’s movie and TV credits include an upcoming release In the heights, Netflix Blue Miracle, Fair Pity, Call me by your name, the night manager, and Kill Eve. Endeavor became a publicly traded company in April.

Last week, CAA sold its majority stake in The Easttown mare studio wiip to JTBC Studios of South Korea to comply with its agreement with the WGA.