LAS VEGAS — Steve Rabineau, who has been an agent at ICM for the past 11 years, is exiting the agency and is expected to join 2-year-old tenpercentery Endeavor as a partner.
The move had been rumored for weeks; however, the agent told ICM chairman/co-CEO Jeff Berg and president/co-CEO Jim Wiatt only on Tuesday that he would not renew his contract. Rabineau, who served as one of three co-heads of ICM’s motion picture department, had about two months remaining on his contract.
“I’ve had 11 extraordinary years at ICM. This was very difficult for me because Jeff and Jim have been great friends and mentors, but it was a personal decision that we all make in our lives,” Rabineau told Daily Variety.
“He’s a really good man, and I wish him well,” said Wiatt, who added that it was too soon to decide whether ICM will name another co-head.
It’s not clear which clients Rabineau would take with him to Endeavor, which has been working to build its profile. Endeavor had no comment.
Rabineau, who joined ICM in 1986, had run the literary department with David Wirtschafter since 1989 and had built up a stable of clients, who include Philip Noyce, Stephen Herek, Akiva Goldsmith, Bruce Beresford, Mike Newell, Luis Mandoki, Gene Quintano, Don Roos, Rick Ramage, Chuck Pogue, Ken Olin, Ron Koslow, Ted Griffin, Randy Feldman, Darren Star, Charlie Peters, and Leo Benvenuti and Steve Rudnick.
Endeavor started in March 1995, when four of Rabineau’s former colleagues — David Greenblatt, Tom Strickler, Ari Emanuel and Rick Rosen — packed up in the middle of the night and left ICM. Marty Adelstein, a close friend of Rabineau, joined the agency in September 1995.
Endeavor got a boost when three agents from Creative Artists Agency — David Lonner, Doug Robinson and Adam Venit — left to become partners of the lit agency. With that addition, Endeavor expanded its client base beyond its literary roots, signing such talent as Wesley Snipes and Jon Turteltaub.
Last May, Rabineau was promoted to co-head of the motion picture department at ICM, but insiders said Toni Howard and Rosalie Swedlin have been running the weekly meetings.