Michael Ovitz’s meteoric rise in Hollywood during the 1980s was breathtaking, almost unbelievable. As the most powerful agent at CAA, he turned the industry upside down by innovating “packaging” of actors, directors and literary clients, which gave his firm incredible power. But Ovitz wanted even more.
He would eventually leverage his dominance into becoming an investment banker, having brokered deals with Matsushita’s purchase of MCA. Unfortunately, he eventually hit a wall, leaving his firm to go to Disney where he was swiftly let go by Michael Eisner in 1997. In his book, he does not hold back about his story—including his own critical mistakes.
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Oh, yeah.