FORMER IPG SPORTS CEO NEARS DEAL WITH TALENT AGENCY

Mark Dowley in Talks With Endeavor to Bring in Ex-Clients

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NEW YORK (AdAge.com) -- Outgoing Interpublic Sports and Entertainment Group Chairman-CEO Mark Dowley is closing in on a deal with talent agency Endeavor.

According to several agency executives,

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Mr. Dowley is negotiating a joint venture with the possibility of bringing onboard his former clients. Mr. Dowley is known to be close to American Express Co.'s John Hayes, executive vice president of global advertising and brand management; AmEx has been an event-marketing client of McCann-Erickson WorldGroup's Momentum Worldwide.

Fate of marketing group
The prospect of a deal with Mr. Dowley raises questions about the future role of Endeavor's marketing-solutions group, led by Jimmy Yaffe. The group lost two of key agents, brothers Mark and Erik Stroman, who left earlier this year to start a branded-entertainment company.

A pact with Endeavor would mean the culmination of Mr. Dowley's long-held ambition to become a mover in talent-agency circles. Endeavor represents stars such as Ben Affleck and Drew Barrymore; its most visible partner in the marketing space is Ari Emanuel.

Both Endeavor and Mr. Dowley declined to comment. A spokesman for Interpublic declined to comment; AmEx did not return a call at press time.

Cloudy future
Mr. Dowley's exit clouds the future of Interpublic Sports and Entertainment Group. The unit's chief operating officer, Doug Augustine, and chief financial officer, Jon Burleigh, run three companies: PMK/HBH, Bragman Nyman Cafarelli and Octagon Sports.

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