The question of being too focused.
This past month Ming interviewed with the “nuts & bolts” folks: lawyers, financial auditors, etc. As he compiles his findings, we turn the musings of this blog to another thread that arose in his interviews so far: the idea that an APA [Asian Pacific American) specific agency may just be “too focused.” Take one interviewee (a director of casting). He compared the idea to investing in stocks. Ming reports his thoughts as follows, “…often, to reduce risk, you don’t want to put all your eggs in one basket, you need to diversify.” So, would an APA specific agency be just that? Too focused, and thus too risky?
Another interviewee may just agree. This interviewee (an executive at a major agency who happens to be an ethnic minority and a supporter of East West Players) cites her years of experience in the agency trenches for these words of advice. “Information is power.” A mainstream agency may have more access to information (think: opportunities) simply by the nature of the range of projects that would come through their doors…er, or in these days, emails. So, would being APA specific, in fact, do our talent a disservice?
Of course, we have to pause at this; because the underlying implication is that casting directors will only turn to this agency for APA roles. It is a danger we have acknowledged; and one of the reasons we hope this model will also be an advocacy tool. Can we broaden this way of thinking? How can we also establish connections that will open lines to non-ethnic specific roles as well as deepen the quality of connections to APA roles?
One Answer: The talent. Another casting person advised: The key is to be selective [of talent] and to be clear with casting [directors] on whether a talent is ‘ready’ or still ‘developing.’ [See previous blog: It’s a relationship business. (duh)]. One network executive goes as far as noting that sometimes it doesn’t matter who the agency or management company is. What matters is that the talent [that they support or represent] ‘is committed to the craft.’
So, these are some of the questions now face…
Do we believe in the stock of APA talent? (Pun sheepishly intended.)
45 years of APA focused theatre may say something to that. (Incidentally, we ponder: What would people have said if our founders did a feasibility study on starting an APA focused theatre in 1965?)
Acknowledging that we face these unique challenges, how can we approach the modeling of an agency prototype to address (and thus mitigate) these issues straight on? This is to be answered in the next steps of our exploration.
We thank our interviewees thus far who have been generously candid, offered many wise words of advice, and helped us see more clearly possible obstacles.
--Lisa Tang, East West Players
Showing posts with label Asian American. Show all posts
Showing posts with label Asian American. Show all posts
Wednesday, July 7, 2010
Is a Culturally Specific Talent Agency Too Risky?
Wednesday, June 2, 2010
What Are the Qualitative Aspects of Establishing a Talent Agency?
As our [East West Players] coordinator Ming Lo concludes interviews with “qualitative” interviewees, he muses on the right-brain, left-brain divide:
--Lisa Tang, East West Players
In our modern culture, much has been made of the “right-brain” vs. “left-brain” differences – that is, the artistic and the intuitive (right brain) vs. the logical and rational (left brain). I happen to think that there’s no reason that we should all be capable of both, but sometimes, it seems that society doesn’t really agree. Many people adamantly declare themselves to be one or the other. Artists violently shy away from math and shudder at the thought of business. Meanwhile scientists, doctors and accountants would rather take the SATs again than stand in front of an audience and do a monologue.Ming’s next steps will include more “quantitative” side questions—researching successful 501c3 models that blend for-profit with non-profit and meeting with our finance/legal team for “nuts and bolts” of the proposed business plan.
Our goal is to figure out whether it makes sense to set up an Asian talent agency in Los Angeles – a question that mixes the artistic with bottom-line thinking. To come to a conclusion, you have to look at the qualitative side (Do actors want to be part of such an agency? Does it fill a market need?) as well as the nuts and bolts numbers (How much is office space for an agency? How much is the phone bill?).
The challenge is, sometimes, people are qualitative or quantitative, but rarely both.
There was the agent’s assistant. She’d worked in various agencies for many years, and so I asked her, “Any idea what the rent is for an agent’s office, or some of the other expenses?” Her reply: “You know, I hear these numbers all the time, but they just don’t register.”
Process has an impact on the outcome. So, I asked a casting executive at a network, “So, how does the casting process work at your studio?” I thought it was a very basic question, but the answer was another question: “What does that have to do with your question [about whether it makes sense to establish an Asian agency]?”
In the interviews, I say, “I’d like to ask about your background.” Twice, the reply was, “Why is that important?”
This thing always remind me, what’s obvious and makes sense to one person, often does not to another. A bit of a challenge, but makes the process interesting.
--Lisa Tang, East West Players
Wednesday, April 21, 2010
How Important Are a Leader's Connections to the Success of a Talent Agency?
East West Players’ research addresses the value of ‘who you know’…
It’s a relationship business. (duh)
Coordinator/Consultant Ming Lo has now interviewed with a range of stakeholders: theatre managers, actors, agents, TV network executives, marketing firm CEO’s, lawyers. Reaction to the idea of an Asian Pacific American talent agency has been as varied as the interviewees, ranging from enthusiasm to curiosity to (very frank) disinterest. But, one glaring trend from nearly every interview was the acknowledgement that the success of the agency would hinge on the person recruited to take the lead as an agent. Or rather, it would hinge on the connections he/she has.
Case in point: One agent from a mid-sized respectably established agency (who asked to remain anonymous) described some of the fellow agents in the firm. “One agent has 10 connections. Another has 5. This other one has 5.” The implication: These agents are defined (if even only in part) by their connections- specifically to casting directors- enough for them to be numerically listed and categorized. These connections, as Arts Education Director Marilyn Tokuda, has noted, become the ‘lifeblood’ for the agency.
The logic is this: A casting director (often under pressure from the director and/or producers) will often turn to trusted agents who can send 5-10 strong actors with one phone call. Often under deadline tight deadline, he/she won’t bother making cold calls or contacting agents with ‘poor’ reputations. This streamlines the audition process; saves on scheduling and, ultimately, production costs. It’s a matter of efficiency. This is no big surprise in an industry defined by the bottom line. But this is confirmation that in the creation of an APA talent agency, we we’ll have to wrap this dose of ‘reality’ with our goals of creating a mission-driven prototype. To win the game, we may have to play by these rules—or at least bring on someone who does. We know: To support careers of APA actors, we must form a venture that is effective (at the least) and also financially viable (ideally!). Possible Future Blog Title: Hippie-spirited community activism dons HBO Entourage-style suit (and attitude) to meet our mission.
Individual interviews (by phone and in person) are ongoing. Arts Education Director Marilyn Tokuda and Coordinator/Consultant Ming Lo have begun to cull and analyze the data. (Did you know – according to one source – that the average base salary for a Hollywood agent ranges from $85-$120K? Not a lot of these kinds of salaries in nonprofit theatre!)
The next step: Draft 1 of a Business Plan. Stay tuned.
--Lisa Tang, East West Players
Wednesday, March 10, 2010
What Questions Should an Asian-American Talent Agency Ask?
East West Players has received some enthusiastic feedback from our long time community partners who have generously offered support (such as relaying good contacts in the industry for further research). These partners have also raised good questions we should consider. Here are some questions we knew we would be asking ourselves when we broached this new venture. We welcome any other questions you may be interested in as we continue in our information gathering!
• What are the financial bottom lines? What would it take for the agency to support itself and the theatre?
• What are possible legal, financial, and organizational ramifications of institutionalizing these activities in our standing non-profit model?
• How do we structure an APA-focused agency so artists feel empowered and better supported?
• How would producers, Film/TV, and other theatres perceive its value?
• What new niche would this prototype create in bridging the worlds of theatre and Film/TV to support the careers of our artists?
--Lisa Tang, East West Players
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