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Inside the big business of the creator economy, with Ali Berman and Raina Penchansky

Shownote

Today I’m talking with Ali Berman and Raina Penchansky, who run the Creators Division at United Talent Agency. UTA is an enormous talent agency, and Ali and Raina's creators division represents some of the biggest creators and influencers in the world. So I really wanted to know how Raina and Ali identify up-and-coming talent, how they work with that talent to build durable businesses, and what the machinations of being a top creator actually look like in practice. Read the full interview transcript on The Verge [https://www.theverge.com/podcast/961603/raina-penchansky-ali-berman-dba-uta-influencer-cliff-marketing]. Links:  * The power brokers behind the $250B influencer economy | Wall Street Journal [https://www.wsj.com/lifestyle/careers/uta-influencer-managers-ali-berman-raina-penchansky-alix-earle-5094867f] * The Influencer Cliff | Carmen Vicente (TikTok) [https://www.tiktok.com/@carmscrolls/video/7638068031851187464] * UTA Unveils Upscale Office for Creators | The Hollywood Reporter [https://www.hollywoodreporter.com/business/business-news/uta-unveils-office-creators-1235892614/] * YouTube Stars Breach Hollywood’s Most Gilded Gate | New York Times [https://www.nytimes.com/2026/06/22/business/media/youtube-hollywood-creative-artists-agency.html] * CAA, TPG form holding company to acquire creator-led businesses | Variety [https://variety.com/2026/digital/news/caa-tpg-250-million-compound-creative-holding-company-acquire-creator-businesses-1236771598/] * How creator talent agencies are evolving into multi-platform operators | Digiday [https://digiday.com/media/how-creator-talent-agencies-are-evolving-into-multiplatform-operators/] Subscribe to The Verge [https://www.theverge.com/subscribe] to access the ad-free version of Decoder! Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Decoder is produced by Kate Cox and Nick Statt; this episode was edited by Xander Adams. Our editorial director is Kevin McShane.  The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Highlights

In this episode, the co-heads of a major talent agency's creators division discuss the inner workings of the influencer economy, from spotting new talent to building lasting businesses. They share their insights on the evolving relationship between creators, platforms, and traditional media, and what it takes to succeed in a rapidly changing landscape.
00:02
Identifying up-and-coming talent and building durable creator businesses.
19:04
A star is a star regardless of platform
25:19
AI is a tool, not a threat
42:07
Capital is abundant but infrastructure is key.
44:41
Success depends on content-market fit and maintaining audience trust.
56:40
Human connection retains enduring value.
1:01:46
Community built on human connection remains crucial
1:04:32
No legal mechanisms protect creators' likenesses from unauthorized use.

Chapters

How UTA's Creators Division Identifies Talent and Builds Durable Businesses
00:00
The Nuanced Difference Between Managers and Agents in the Creator Economy
10:51
Why Diversifying Across Platforms and Building Direct Audience Relationships is Crucial
22:10
Value Addition Over Standard Commission: The Complex Deal Structures for Top Creators
37:06
The 'Influencer Cliff' and the Importance of Content-Market Fit for Creator-Led Products
44:41
Contrasting The Verge's Ethics Policy with the Creator Economy and Gen Alpha's Commercialization
52:05
The Enduring Value of Human Connection Versus AI-Generated Content
59:17
The Lack of Legal Protections for Creators' Likenesses and the Future of Live Content
1:04:32

Transcript

Raina Penchansky: One day, with the help of science, you might be able to live forever. Nilay Patel: Forever. Raina Penchansky: Your body will just need a couple tune-ups. Ali Berman: Injecting bone marrow in your 40s, your kidney in your 50s, your hear...