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Ocaso Agency: Difference between revisions
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| revenue = {{increase}} $3 billion | | revenue = {{increase}} $3 billion | ||
| num_employees = 3,188 | | num_employees = 3,188 | ||
| subsid = {{ubl|[[Astare Institute]]|[[Cepătro Center]]|Intrei Media|Ocaso Foundation|Ocaso Publishing|Sicaru}} | |||
| divisions = {{ubl|Artists|Consulting|Digital|Events & Media|Fashion|Film|Marketing|Music|Licensing|News & Broadcast|Speakers|Ocaso Sports|Ocaso SEWM|TV}} | |||
}} | }} | ||
Today, the Ocaso Agency is one of the largest agencies in the world, with over 1,000 agents representing some of the highest-paid supermodels, athletes, actors, and entertainers in the world. The company also offers an array of services such as brand management, film financing | The '''Ocaso Agency''' is a full-service modeling and talent agency representing artists and other professionals across the entertainment industry. Headquartered in [[Venceia]], [[Caphiria]], the company has additional offices in [[Castra Vetera]], Hyduna, Ceará, and Pivoli. Founded in [[1982]] by Isanto Ocaso, it currently provides full-service representation and management to models, entertainers, artists, musicians, and athletes. The Ocaso Agency also has divisions focused on film, television, sports, digital, books, music, video games, branding and licensing, speaking, marketing, fine arts, news, and broadcasting, among others. | ||
Today, the Ocaso Agency is one of the largest agencies in the world, with over 1,000 agents representing some of the highest-paid supermodels, athletes, actors, and entertainers in the world. The company also offers an array of services such as brand management, film financing, packaging, licensing, marketing, strategic management, and venture capital financing for companies. Currently, the Ocaso Agency has approximately 3,100 employees worldwide. While its financials are not publicly disclosed, a 2025 tax filing disclosed $3 billion in revenue. | |||
==History== | ==History== | ||
===Formation=== | ===Formation=== | ||
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The company continued to expand and grew to include several subsidiary companies and expanded divisions. Fortuna Magazine named president Ansalvo Mihăileius as their 2015, 2016, and 2017 "Businessperson of the Year" list, acknowledging their corporate growth strategies. Mihăileius had previously been recognized as a 21st-century "super-agent" by other reputable publications. | The company continued to expand and grew to include several subsidiary companies and expanded divisions. Fortuna Magazine named president Ansalvo Mihăileius as their 2015, 2016, and 2017 "Businessperson of the Year" list, acknowledging their corporate growth strategies. Mihăileius had previously been recognized as a 21st-century "super-agent" by other reputable publications. | ||
===2018-2023: The Late Mihăileius Era=== | ===2018-2023: The Late Mihăileius Era=== | ||
In 2018, the company launched several initiatives: the [[Astare Institute]], a private educational institution specializing in sports training and serves as the training and competition venue for amateur and professional teams, the host site for a variety of events | In 2018, the company launched several initiatives: the [[Astare Institute]], a private educational institution specializing in sports training and serves as the training and competition venue for amateur and professional teams, and the Cepătro Center, a host site for a variety of events and a hub for sports performance research and innovation. It also launched [[Intrei Media]], a joint-venture media company that distributes over 32,000 hours of content—originating from more than 200 clients and events—to major global broadcasters annually, across all forms of media including TV, audio, fixed media, inflight and closed circuit, broadband and mobile. | ||
In mid-2019, preliminary discussions were being held that Ocaso Agency was exploring the option of filing for an IPO the following year. The initially filed paperwork indicated that the company was valued at $2.2 billion, but the company delayed and ultimately canceled its plans for public offering. In a statement, Mihăileius said, "The Ocaso Agency will continue to evaluate the timing for the proposed offering as market conditions develop." | In mid-2019, preliminary discussions were being held that Ocaso Agency was exploring the option of filing for an IPO the following year. The initially filed paperwork indicated that the company was valued at $2.2 billion, but the company delayed and ultimately canceled its plans for public offering. In a statement, Mihăileius said, "The Ocaso Agency will continue to evaluate the timing for the proposed offering as market conditions develop." | ||
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On 1 December 2020, founder Isanto Ocaso sold his remaining stake in the company to Mihăileius, who now assumed the role of President. Ocaso was given the honorary title "chairman emeritus" and remains on the board of directors. To replace him as Creative Director, Mihăileius hired Niccolò Martês, who was previously the creative director at [[Âzal]]. | On 1 December 2020, founder Isanto Ocaso sold his remaining stake in the company to Mihăileius, who now assumed the role of President. Ocaso was given the honorary title "chairman emeritus" and remains on the board of directors. To replace him as Creative Director, Mihăileius hired Niccolò Martês, who was previously the creative director at [[Âzal]]. | ||
In March 2022, the Ocaso Agency was among several companies invited to join the Admiral Fund, an invitation-only fund by investment banking firm [[Porza Malercani Capital]]. This was done to give the agency and its | In March 2022, the Ocaso Agency was among several companies invited to join the [[Admiral Fund]], an invitation-only fund by investment banking firm [[Porza Malercani Capital]]. This was done to give the agency and its clients guidance on investments in the media and entertainment sector. The agency also partnered with Porza Malercani Capital to make a Sports & Entertainment Wealth Management Division (Ocaso SEWM) dedicated to advising, coaching, and assisting professional athletes and entertainers with money management and investment guidance. Today, Ocaso SEWM manages contracts worth more than $2 billion for about 50 high-level athletes. | ||
===2023-present=== | ===2023-present=== | ||
The Ocaso Agency has been listed as one of the Top 10 Most Innovative Companies each year since 2023 and continues to find ways to innovate or expand within the media industry. Today, it represents and manages over 2,500 models, celebrities, artists, athletes, and content creators worldwide. | The Ocaso Agency has been listed as one of the Top 10 Most Innovative Companies each year since 2023 and continues to find ways to innovate or expand within the media industry. Today, it represents and manages over 2,500 models, celebrities, artists, athletes, and content creators worldwide. | ||