Peter Franklin, the longtime head of WMA’s theater department, was among the 100-plus WMA staffers to get a pink slip earlier this week.
A fixture at the agency, Franklin worked with a list of firmly established legit creatives including Edward Albee, Arthur Laurents and Terrence McNally.
News of Franklin’s departure amid the consolidation of WMA and Endeavor operations sounds like confirmation of long-swirling rumors that the WMA theater department would be shut down in the merger with Endeavor. However, a rep for WME said there are no plans to scuttle the division.
Franklin was the only member of the legit team to go, leaving a roster of agents that includes David Kalodner, Susan Weaving, Val Day, Derek Zasky, Jonathan Lomma and Biff Liff.
Franklin has not yet determined whether he’ll continue his career as an agent at another tenpercentery, and no decisions have yet been made about which of his clients will remain at WME.