Google “Ari Emanuel” and “uber,” and you’ll find frequent references to Mayor Rahm Emanuel’s brother as the “Hollywood uber-agent” for many of the world’s most popular entertainers.Rent-seeker Ari Emanuel goes up against the massive rent-seekers, the Chicago taxi cartel. Can Ari Emanuel defeat the taxi cartel's main man: Alderman Ed Burke ? Ari's brother might be Mayor, but Alderman Burke's wife is on the Illinois Supreme Court for "messy" disputes that rake up big legal bills.
What’s far less known is Ari Emanuel’s ownership interest in Uber Technologies Inc.
Uber is the fast-growing technology company locked in a high-stakes dispute in places across the country, including Chicago. Critics here say the Emanuel administration favors Uber and similar companies offering ride-sharing phone apps, at the expense of century-old taxi and car-service industries.
Although the mayor insists he’s being scrupulously fair to all, the taxi companies say Uber will put them out of business unless City Hall regulates the up-and-comers as stringently as they watch regular old cabbies.
Either way, we now know which side at least one of the famously combative Emanuel brothers has taken.
Christian Muirhead, a spokesman for Ari Emanuel’s William Morris Endeavor agency, confirmed Tuesday that the agency continues to hold a stake in Uber. In a phone call from the agency’s offices in Beverly Hills, Muirhead said he couldn’t provide the exact size of the investment.
Wednesday, April 23, 2014
Ari Emanuel Confronts the Taxi Cartel in Chicago: Ari Emanuel’s stake in ride-share firm raises uber questions
The Chicago Sun-Times reports: