![]() ^ Cardellino, Carly (November 17, 2013).Archived from the original on November 17, 2015. ^ "IMG Models Launches Men's Division"."Ivan Bart, Head of IMG Models, Charts the Future of the Modelling Business". ^ a b Chivu, Daniel (February 8, 2018).^ Larkworthy, Jane (September 11, 2018).McCormack, 72, Pioneer of Sports Marketing". "Within a World of Creativity, Innovation, and Potential: Lisa Marie Benson, Vice President of IMG Models". ^ Herd, Written in Partnership with Thomas ().^ "How To Get Scouted By A Modeling Agency"."The Inside Story of Ari Emanuel's Big, Risky WME-IMG Merger". Notable models currently represented by IMG include: They also have done online scouting via their website. Models that have been discovered through this process include Lameka Fox, Alyssa Traoré, and Gizele Oliveira. In 2014, IMG Models began a scouting initiative on Instagram called #WLYG (We Love Your Genes). In 2013, Bart decided to sign models without regard to traditional height, weight, race, or age requirements, or other factors that historically have prevented diversity in model casting. In September 2012, IMG decided to reintroduce their men's division, after its dismantling in 2007. Tyra Banks and Niki Taylor joined, followed by Angela Lindvall, Bridget Hall, Carolyn Murphy, Gisele Bündchen and Kate Moss. ![]() In 1994, Ivan Bart joined the company as the creative director and later became IMG Models' president in 2013. IMG Models was founded circa 1987 by sports agent Mark McCormack. Ivan Bart is the current President, and Lisa Marie Benson is the Vice President. In 2015, the agency represented more than half of the highest paid supermodels. The company merged with William Morris Endeavor in 2013. It is a subsidiary of the talent management company International Management Group. Forstmann Little purchased it a year after McCormack died in 2003, and then Forstmann Little founder Theodore Forstmann died in 2011, convincing some investors that the time was right to unload IMG for a 200-plus percent profit.IMG Models is an international modeling agency headquartered in New York City and with additional offices in London, Los Angeles, Milan, Paris and Sydney. IMG was created by McCormack and golfer Arnold Palmer in 1960. In fact, at one point talent agency CAA and investment firm Colony Capital were considering a bid for IMG, though some top executives at CAA reportedly balked at the prospect of an acquisition that could radically diversify its business.Īs for sports, WME represents clients for their off-the-field activities while IMG represents some on the field and some off, making the combined entity a potential one-stop shop for sports stars. Observers also have speculated that WME and Silver Lake were anxious to acquire IMG in order to diversify WME into something akin to a smallish media conglomerate, rather than simply a large talent agency, with the plan to eventually take the combined entity public. Plus, IMG’s list of talent will boost an already impressive lineup at WME, which represents the likes of Adam Sandler, Christopher Nolan, Lady Gaga, Oprah Winfrey and Seth MacFarlane. While it has been known for a year that IMG would eventually be sold, the auction process began in the summer, and observers expected WME to bid aggressively for the firm, which will help it expand its sports business and carve out a larger international role. ![]() Bids dipped below that after potential suitors dug through the company’s financial reports. A year ago, Forstmann Little had hoped to get as much as $3 billion for IMG, according to insiders, but more recently it lowered its expectations to $2.5 billion. Forstmann Little acquired IMG in 2004 for about $700 million and is selling it in order to pay off some of the private equity firm’s limited partners, including some pension funds for General Electric. ![]()
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