Tech Firm Softbank Group Makes $250 million investment into agency powerhouse WME IMG
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Former chief content officer Mark Shapiro and IMG events chief Ioris Francini will oversee the agency giant's operations worldwide, including the new WME-IMG China
By IQ on 08 Nov 2016
Agency powerhouse WME-IMG has named Mark Shapiro and Ioris Francini as co-presidents.
As co-presidents of WME-IMG – formed by the merger in 2013 of music and entertainment agency William Morris Endeavor (WME) and sports agency International Management Group (IMG) – Shapiro and Francini will “oversee the company’s media, events, fashion, licensing, global partnerships, original content, IMG College, IMG Academy, Miss Universe Organization [sic], Professional Bull Riders and Frieze businesses, in addition to the company’s new China subsidiary“.
“Mark and Ioris combine the vision and expertise to help the company succeed in this next chapter”
New York-based Shapiro, who was earlier this year reelected to the Live Nation board of directors, was previously WME-IMG’s chief content officer, while London-based Francini was president of IMG events and media.
“Mark and Ioris have been great partners these past few years, helping us integrate WME and IMG, generate organic growth, and expand into new business lines and geographies,” say Ariel Emanuel and Patrick Whitesell, WME-IMG co-CEOs, in a joint statement. “WME-IMG is a strong, dynamic business with exciting opportunities ahead, and Mark and Ioris combine the vision and expertise to help the company succeed in this next chapter.”
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