UPDATE: Starting Friday night, and intensifying all weekend, I heard the proverbial “word on the street” rumors that George Lane, theater talent agent extraordinaire, is the next to go (or to have gone … as per the announcement will come eventually) at CAA. He was the reason the tenpercentery started a Gotham office when in March 2003 he stunned Broadway by bolting William Morris as senior VP and changing the legit landscape in terms of agencies. Now CAA weighs in with me and officially denies that Lane is exiting. I’m told Lane is perplexed how the rumors even started. He has long repped some of the top playwrights and directors in New York theater. He heralded a more energetic approach to theater by CAA (which at one point housed its theater agent in the I.M. Pei building’s basement). Known as a difficult agent among producers because of his long list of demands, Lane was responsible recently for putting CAA star Julia Roberts in that widely panned revival from his client Richard Greenberg directed by another client Joe Mantello, Three Days Of Rain. Here’s a photo of Lane with client from BroadwayWorld.com.