Micah Green, who co-heads the film finance and sales group at Creative Artists Agency, is leaving the agency to form a new film venture with Dan Friedkin, an individual with knowledge told TheWrap.
Green is expected to leave CAA before Cannes Film Festival, but he will be at the French Riviera on behalf of the new company. The still-unnamed venture will invest in the media and entertainment business.
The company will be based in Los Angeles and the duo is expected to hire staff in the upcoming weeks.
Friedkin is the CEO of Gulf States Toyota Distributors, but the new company will run independently of Imperative Entertainment, which Friedkin finances through his Friedkin Group.
Green joined CAA in 2005. Green’s departure from CAA is amicable. Before that, he worked at Cinetic Media, which he founded in 2000 with talent manager and attorney John Sloss.
Roeg Sutherland, Green’s longtime partner, will continue to lead CAA’s film finance and sales group. Under the duo, CAA put together funding for award-winning films like “12 Years a Slave,” “Hacksaw Ridge,” “The Revenant” and “Birdman,” as well as George Clooney’s upcoming “Suburbicon.”