Word: caa
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Dominating the corner of Wilshire and Santa Monica boulevards in Beverly Hills, CAA's forbidding I.M. Pei-designed headquarters stands as a Zen fortress guarding entry to the city's sparkling business district. For years the building has been show-biz ground zero, a hot zone where Ovitz--routinely referred to as "the most powerful man in Hollywood"--built up the town's most imposing list of talent. His masterful, softly menacing style, along with his courtship of nontraditional clients like Coca-Cola and Credit Lyonnais, transformed the old stereotype of the talent agent as a hustling flesh peddler into...
...CAA will continue to be a very well-run, very powerful talent agency," says Stephen Singular, whose unauthorized biography, Power to Burn: Michael Ovitz & the New Business of Show Business, is set for publication this summer by Birch Lane Press. "But," he adds, "the aura and intrigue the agency once enjoyed were a direct result of Ovitz's personality...
...executive, former Creative Artists Agency chief and legendary dealmaker Michael Ovitz, have so far kept a low public profile and declined all interviews. But their hands have been evident in a number of major moves since the merger. One of Ovitz's former colleagues at CAA, Michael Rosenfeld, has been hired as an entertainment-division senior vice president, and more personnel shake-ups are expected, particularly after a disappointing season in which ABC fell to a weak No. 2 in the ratings--and third in the important February sweeps, the same month the merger became official...
...York City, Sept. 4, 1999: in an action that capped a decade of multibillion-dollar takeovers, the world's last two international media conglomerates today announced that they would merge. BMCAA Viafox (created out of Bertelsmann, MCA, CAA, Viacom and Fox) agreed to accept a bid of $638 billion in cash and stock from Disony GETCITWest (formed from a fusion of Disney, Sony, GE, TCI, Time Warner and Westinghouse). The new entity, which now controls all entertainment on film, TV, CD, video, telephone and computer, will be called, simply, Diller...
Turner and Malone are certainly formidable adversaries when they choose to be. But maybe this time Levin can harness the killers as his own hired guns. "Turner and Levin are smart enough to know they need each other," says analyst Logsdon. If Michael Ovitz, the ultrapowerful chief of CAA, could go to work for Disney's Michael Eisner, then surely Ted Turner could take a seat on Gerald Levin's TW board as a buccaneer emeritus, and do his vision thing. "Ted isn't someone who comes in the office every day and sits at his desk," says...