Paul Lee may have found his next move.
The former ABC boss has been working with CAA on the possibility of setting up a television production company with the agency. The potential venture would be funded by TPG, the investment firm that holds a majority stake in CAA. Sources tell Variety that it could take the form of a rebooted Slingshot Global Media, the TPG-backed production company that launched in 2014 under former FremantleMedia boss David Ellender.
Insiders say that the company would focus on developing programming for the international market as well as for digital streaming platforms. CAA’s role is still unclear, but the company, which has a longstanding relationship with Lee, is working with the executive to set up the venture.
See more at Variety.