Word: katzenbergers
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...world. But last week's word that the entertainment industry's most successful director, most revered studio chief and most creative billionaire were forming their own company smote Hollywood with nuclear force. Spielberg will fold his unit, Amblin, into the new organization (though he may still direct outside projects). Katzenberg will run the studio; late last week the two men were tooling around Los Angeles in Katzenberg's Mustang, looking for a studio lot. And Geffen will make music make money...
...look at the three of us and think, this has got to be the dream team," Katzenberg said at a press conference that attracted dozens of journalists and industry power brokers, including His Most Powerfulness, Michael Ovitz. "Certainly it's my dream team...
Geffen and Spielberg are famous and extremely rich, and investors would flock to a company they wanted to start up (this one will require about $2 billion in capital), but Katzenberg was the catalyst. As Spielberg said of his pal's fondness for perilous vacation trips, "Jeffrey wanted to go whitewater rafting and took us with...
...August, when it was announced he would be leaving Disney, Katzenberg had said he would "take a 60-day pit stop ... to rest and recharge." But for this mighty mover, whose relentless vim is both a legend and a curse, two months of R. and R. would be cruel and unusual punishment -- like having to watch Cabin Boy nonstop for a year. Geffen says Katzenberg called him "the day it hit the fan at Disney," and floated the idea of a partnership with him and Spielberg. "It started with 'Wouldn't it be great?"' says Geffen, "but it became real...
...Katzenberg, who was wooed by numerous studios and telephone companies, discussed his future with powerful financiers, including Microsoft's Bill Gates and, reportedly, cable-TV quillionaire John Malone. Then he met regularly with his partners-to-be and clinched the agreement the day of the Yeltsin dinner...