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Ariel Emanuel
Executive Chair & Chief Executive Officer, TKO Group Holdings

Ari Emanuel on Donald Trump, Elon Musk, and Mixing Business with Politics

📅 Sep 26, 2026 The New Yorker 29 MIN 32259 VIEWS 42 SEGMENTS · 2 SPEAKERS
The entertainment agent and executive talks with David Remnick about his dealings with the President, Elon Musk, and Mohammed bin Salman, and operating within “shades of gray.” This interview is drawn from The New Yorker Radio Hour, a weekly radio show and podcast hosted by David Remnick. For more, follow The New Yorker Radio Hour wherever you get your podcasts. http://swap.fm/l/tny-radiohour-eBFv3Y Subscribe to the New Yorker channel on YouTube so that you never miss an episode: http://bit.ly/newyorkeryoutubesub

What Ariel Emanuel said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Ariel Emanuel discussed his career, family, and political views. He addressed the portrayal of Ari Gold in Entourage, saying he initially avoided watching it. Emanuel described his early struggles with dyslexia and his path to becoming an agent, starting in the mailroom at CAA. He defended his aggressive business style, attributing it to his family's argumentative nature. Emanuel criticized the California wealth tax as ineffective and potentially driving economics out of the state. He praised the Paramount-Skydance merger, arguing it creates needed competition against Netflix and Amazon. Emanuel defended his relationships with controversial figures like Elon Musk and MBS, emphasizing a willingness to engage in dialogue. He revealed he doesn't consider Trump an authoritarian despite disagreeing with his politics. Emanuel discussed his new company, Mari, focused on live events, including the potential acquisition of ATG.

Key takeaways

  1. Emanuel supports the Paramount-Skydance merger, calling it 'great' and citing David Ellison's commitment to $30 billion in spending.
  2. Emanuel opposes California's wealth tax, calling it 'stupid' and saying it won't achieve its goals.
  3. Emanuel does not consider Trump an authoritarian, despite disagreeing with his politics.
  4. Emanuel's new company, Mari, is betting on live events as 'the opposite bet of AI.'
  5. Emanuel said he has moved Elon Musk on certain issues, and they have a healthy relationship.

Numbers and commitments

FigureWhat it refers toTypeAt
$30 billion David Ellison's planned spending on movies and TV commitment 12:02
$400 million Saudi investors' stake in Endeavor metric 14:10
700,000 estimated deaths from global health program cuts metric 14:10
$2 billion Trump's self-enrichment estimate metric 14:10

Chapters

  1. 0:00Ari Gold and early career
  2. 2:54Family and dyslexia
  3. 5:10Rage and business tactics
  4. 7:09Harvey Weinstein and Hollywood knowledge
  5. 8:49Brother Rahm and politics
  6. 9:44Taxes and California
  7. 12:02Paramount merger and competition
  8. 14:02MBS and Saudi investment
  9. 14:04CNN and free press

Questions asked in this interview

12
  1. 0:00You know what other class I took at Harvard?
  2. 1:41Right. How would you describe this?
  3. 2:08Or is it a weapon that you deploy professionally?
  4. 3:47Was your father as forgiving as your mother?
  5. 4:19No, but how did that happen?
  6. 6:01But when it was uncontained, was rage something that was within you and you could control and you deploy or it just came pouring out of you?
  7. 7:04When you were going too far in these tussles. What were you doing?
  8. 7:37Did you know he was reprehensible at the time?
  9. 7:42Did you know that that kind of behavior was rife in Hollywood?
  10. 8:49How do you navigate that political figure in your family?
  11. 11:46Is the Paramount merger good for Hollywood?
  12. 14:07Are are you not worried about CNN and CBS News?
Interviewer 0:00 ↗
Let's talk about what an agent does. Nobody outside of your little world and maybe my little world knows they can name a single agent until you maybe. And the first time they could name an agent was when they were watching the HBO show Entourage and there was this guy Ari Gold who was filled with um not just spilcas I would say which you know ants in his pants but also an ongoing rage. You know what other class I took at Harvard? Business ethics. I don't steal other people's clients. But in your case, I'm going to make an exception. I'm going to take everyone, your B-level sitcom stars, your reality TV writers. When I'm done with you, you're going to be repping sideshow freaks. That was clearly based on you. And I want to know your relationship to Ari Gold.
Ariel Emanuel 0:53 ↗
Well, first of all, at the time, I never watched the show.
Interviewer 0:59 ↗
You say this in the book, it's very hard for me to believe.
Ariel Emanuel 1:02 ↗
No, it's I think I watched the first episode gave me complete anxiety and then it came on on Sunday nights. The story lines at times were way too close because it's the business and they they got that down. I had not met Jeremy Pivan and who's playing gold. who's pulling Ari Gold and he was in first of all incredibly funny had the oneliners I don't know how he did it but he captured my intona all all my attributes at the time that were good and bad and ugly.
Interviewer 1:41 ↗
Right. How would you describe this?
Ariel Emanuel 1:43 ↗
Um fast talking trying to get to some end representing your clients but also having a lot conflicts and not not only with the client situation but emotionally himself and um they're just funny.
Interviewer 2:00 ↗
So you didn't go through a moment of oh my god I'm I'm seeing myself portrayed on television.
Ariel Emanuel 2:05 ↗
I did. I like myself. I don't like myself. Yeah. Good, bad, and ugly.
Interviewer 2:08 ↗
All right. So th this book that you've written together with a ghost writer J.R. Moringer who worked with Prince Harry and Andre Agassi. He's the best at this in the business. We'll talk about how you work together with a ghostriter, but there's a lot of rage in this book. And at the beginning, you write this in conjunction with with JR. Every story starts with rage. And every story one way or another ends up there. And you also write rage is both catalyst and metric of desire. Now, Ari, most people talk about rage as a bad thing. You know it it are you saying it's a good thing or it's a characteristic thing of your being? Or is it a weapon that you deploy professionally?
Ariel Emanuel 2:54 ↗
J.R. is an incredible human being. Made the process as nervous as I was really easy and I think one of the great human beings. My life has been a situation where I had the smart brother Ezekiel Emanuel. I had the other smart brother, right? My other brother who's in politics, Rahm Emanuel. And then I was the third. And I had dyslexia, uh, ADHD. And thank God for my mother that she said, 'I don't care what all these people are saying. You're going you're reading, you're going to college, you're going to be successful.' And when you're in that situation and you're trying to find an identity amongst incredible brothers, incredible human beings and people are thinking that you're not smart. And I didn't think I wasn't smart. I just my brain functioned in a different way.
Interviewer 3:47 ↗
Yeah. Um, you have a chip on your shoulder. Was your father as forgiving as your mother?
Ariel Emanuel 3:53 ↗
My father was uh he was a tough man, a wonderful, beautiful man. And he was dyslexic and you know, he graduated number two in medical school and learned French through English that he learned when he went to Lison, Switzerland. He was an incredible human being. So when you're in that and I had finally picked the craft that I wanted to do when that aha moment happened for me which is being an agent.
Interviewer 4:19 ↗
No, but how did that happen?
Ariel Emanuel 4:20 ↗
A friend of mine, Michael Mendelson at the time was working in the mail room at William Morris in New York and I had moved back from Europe. I was my father let me go to Europe and he said to me I said, 'What are you doing?' He goes, 'Oh, I'm in the mail room of William Morris.' And I go, 'What what the is William Morris?' Cuz you know the mythical mail room is is is real. is real. And you know, being from the Midwest, not understanding how they business worked, he explained it to me and I said, you know, I think I would like that, right? Went to work for this guy, Robbie Lance, um, who had bought this company, the DU agency that I was working at, and I understood it. And then I went into the mail room of CIA and I didn't have a plan B. I had plan A. Make it.
Interviewer 5:03 ↗
Give me an example of how your rage showed itself professionally. You want people to fear you.
Ariel Emanuel 5:10 ↗
Well, we we go through the the beginning part of my business and when things weren't going my way or I had a point of view. I didn't mind announcing that this is my point of view. Most people I think don't take agency. Don't announce it. And when somebody argue in my household when you had a point of view, you had to defend. Some people think that is very aggressive. I think that's normal.
Interviewer 5:32 ↗
Right. You describe and and your brothers have described in interviews elsewhere the kitchen table. Uh, it sounds like the most argumentative kitchen table I've ever heard of and also loving.
Ariel Emanuel 5:46 ↗
Well, pretty Darwinian though. Yeah. Well, there's a tremendous amount of screaming and yelling in this book and phone calls. There are a lot of phone calls in this book because that's the lifeblood. That's how you that's how that's how it's done in the occasional lunch.
Interviewer 6:01 ↗
Looking back on it, because I think the portrayal here is here is what I used to be. Here is where my struggles and now I'm a much more contained guy. I got the success that I was always looking for. That's that's containedish. Contained. But when it was uncontained, was rage something that was within you and you could control and you deploy or it just came pouring out of you?
Ariel Emanuel 6:24 ↗
You know, when we started Endeavor, which was the agency after we left ICM, we couldn't compete financially because there was four big agencies. United Talent, ICM, William Morrison, CIA. So, we couldn't compete on price. They didn't want a newcomer. We had to compete on ideas, aggressiveness, and hard work. And when somebody tried to bully us and say, 'No,' I was okay. Like, okay, I guess we're going to tussle and I'm not just going to give in just because you're the big guy and I'm supposed to give in to you. And that happened a lot. And I was one of the guys.
Interviewer 7:04 ↗
When you were going too far in these tussles. What were you doing?

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Cite this transcript

APA, MLA, BibTeX
APA

Emanuel, A. (2026, September 26). Ari Emanuel on Donald Trump, Elon Musk, and Mixing Business with Politics [Interview transcript]. The New Yorker. CEOInterviews.AI. https://ceointerviews.ai/interview/2986428/

MLA

Ariel Emanuel. "Ari Emanuel on Donald Trump, Elon Musk, and Mixing Business with Politics." The New Yorker, 26 Sep. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/2986428/.

BibTeX
@misc{emanuel2026_2986428,
  author       = {Ariel Emanuel},
  title        = {Ari Emanuel on Donald Trump, Elon Musk, and Mixing Business with Politics},
  howpublished = {Interview transcript, The New Yorker. CEOInterviews.AI},
  year         = {2026},
  month        = {sep},
  url          = {https://ceointerviews.ai/interview/2986428/},
  note         = {Speaker-attributed transcript with timestamps}
}