EXCLUSIVE: I’m hearing that ICM and Hal Sadoff have come to a parting of the way after seven years. Sadoff, a former investment banker at Cobalt Media Group and the London-based National Westminster Bank joined ICM seven years ago and has been the agency’s Head of International and Independent Film. Between ICM and the banks, he has played a role in putting together more than 400 films, with budgets totaling over $3.5 billion. This has been in the works for some time, and was a rumor going around Sundance and Berlin. Sadoff is a well liked guy whose annual Cannes Film Festival bash at La Pizza was always a highlight of the festival. It isn’t clear what he’ll do next, but I expect he’ll figure it out shortly.
Before joining ICM, Sadoff was exec producer and financial consultant on several films including Hotel Rwanda, which was nominated for three Academy Awards. (more…)