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...original Hollywood superagents. Long before Mike Ovitz ruled, the gentler, more charming Freddie Fields succeeded in producing (American Gigolo, Glory) and in founding First Artists, one of the first talent-owned production companies. But his claim to fame was establishing CMA (Creative Management Associates) with David Begelman. Now part of powerhouse agency ICM, CMA was home to such A-listers of the 1960s and '70s as Paul Newman, Robert Redford, Barbra Streisand, Steve McQueen, Woody Allen, George Lucas and Steven Spielberg. Fields...

Author: /time Magazine | Title: Milestones | 12/20/2007 | See Source »

DIED. DAVID BEGELMAN, 73, film producer; of an apparently self-inflicted gunshot wound; in Los Angeles. Though Begelman was president of Columbia Pictures during a flush period in the '70s (his tenure produced hits like Close Encounters of the Third Kind and Shampoo), he risked it all by becoming a check forger. Yet such was Hollywood's awe of his golden touch that Begelman's career barely suffered when his larceny was revealed. His most recent venture, Gladden Entertainment, went bankrupt last year, and Begelman was reported to be deeply depressed by the failure--a transgression, after all, that...

Author: /time Magazine | Title: Milestones Aug. 21, 1995 | 8/21/1995 | See Source »

...Ghostbusters, The Karate Kid and When Harry Met Sally . . ., Columbia's movie-production unit has been floundering for years. The most spectacular flop: Ishtar, the Dustin Hoffman-Warren Beatty desert lark released in 1987, which lost $25 million. Three top-management teams have come and gone since CEO David Begelman was forced out in 1978 amid a financing scandal. Coca-Cola, which bought the studio in 1982 and still controls 49% of its stock, fired British producer David Puttnam (Chariots of Fire) in 1987 after barely a year at the helm, during which he accomplished little besides alienating Hollywood...

Author: /time Magazine | Title: Special Report: Foreign Owners From Walkman To Showman | 10/9/1989 | See Source »

...want to hear sleazy? One producer okayed a script about New Zealand simply because he'd never been there and wanted a paid vacation. Agent David Begelman lied to Goldman, saying a famous director had had a nervous breakdown, so that Goldman would turn to one of Begelman's clients instead. And director Alan Pakula (Sophiz's Choice, Klute) told Goldman to give him versions of All the President's Men that were both longer and shorter, harder and softer. "Don't deprive me of any riches," Pakula said...

Author: By David M. Handelman, | Title: Behind the Glitter | 4/22/1983 | See Source »

...Hottest Read: David McClintick's Indecent Exposure, which told in absorbing detail the sordid story of the David Begelman affair and which all of Hollywood read in Xerox weeks before it appeared in print...

Author: /time Magazine | Title: Show Business: What's at the Paris Bijou? | 1/3/1983 | See Source »

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