The Fifth, a social-creative agency originating in the UK, is shutting down its talent-management arm in the country, the company confirmed to Business Insider.
The company is part of News UK, a media conglomerate that operates news outlets like The Times, The Sunday Times, and The Sun.
The Fifth was founded in 2019 by Oliver Lewis, formerly News UK's director of digital strategy and partnerships, and The Fifth's talent division was launched a year later.
Citing changes in the UK market, the company said it had decided to focus its efforts on the social-creative and influencer-marketing side of the business.
Do you work at The Fifth or other talent management firms in the UK or have insight to share?
Persons:
Oliver Lewis, It's, Dan Wang
Organizations:
Business, News UK, Times, Sunday Times, Sun . News, Rupert Murdoch's News Corp, Eurostar, BareMinerals, Columbia Business School