Veteran film-music agents Richard Kraft and Laura Engel have split with Vasi Vangelos, their partner of three years in Blue Focus Management, to form their own film-music boutique, Kraft-Engel Management.
Kraft and Engel will hold on to a number of Blue Focus’ marquee film-music clients, including Danny Elfman, Jerry Goldsmith, Marc Shaiman, Trevor Rabin, Don Davis, John Ottman, Angelo Badalamenti, Rachel Portman and Philip Glass.
Also on the roster are such Oscar-winning composers as Burt Bacharach, Maurice Jarre, Michel Legrand and Marvin Hamlisch.
The partners said Monday their decision stemmed from a desire to trim their roster and focus more intently on a smaller lineup of premiere clients. They hope to help their talent migrate into new areas of the entertainment biz, including musical theater and opera.
“We tried an experiment where we joined with another agency to become a mega-agency,” Kraft said. “But after a while we started to realize that if we’ve got the cream, what are we doing with the rest of the dairy case?”
Kraft-Engel clients have scored some of the biggest projects of the past few years, including actioners “The Matrix Reloaded,” “X2” and “Spider-Man 2” as well as recent Oscar winners “The Hours,” “Chicago” and “The Pianist” and hit musical “Hairspray.”
Meanwhile, Vangelos is expected to announce the details of his new venture, First Artists Management, within a few days.
The breakup of Blue Focus was described as amicable on both sides.
The partners formed Blue Focus in February 2000 with an eye toward expanding their reach through greater size and offering their clients the opportunity to expand beyond composing into other areas of the film industry.