Word: ovitz
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...years ago when borrowing was easy. Matsushita, meanwhile, is locked in a struggle with the American executives who run MCA -- the film studio it bought for $6.1 billion in 1990 -- over the Americans' demand for more authority and investment capital. Last week the company reportedly hired Hollywood agent Michael Ovitz and media dealmaker Herbert Allen to help make peace and to "re-evaluate" MCA's assets; one option would be to sell a stake in the company...
...MICHAEL OVITZ...
Where do baby bells go before setting out on the information superhighway? If they're Nynex, Bell Atlantic Corp. and Pacific Telesis, they fuel up in Hollywood. The three phone giants announced today that they were starting a production venture with premier agent Michael Ovitz's company, Creative Artists Agency. The goal: produce TV shows and interactive entertainment, which they can pump over their lines. It's all part of therace against cableto capitalize on the emerging information-in-a-settop-box age. Phone companies are trying to makeup for cable's huge programming advantage. "That's why they need...
...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...
...Three weeks ago, the Walt Disney Co., whose chairman, Michael Eisner, had until recently seemed to disdain two-way TV, agreed to team up with Ameritech, BellSouth and Southwestern Bell to develop and distribute movies, games and other programs to home viewers. Not to be outdone, Hollywood dealmeister Michael Ovitz, who heads the powerful Creative Artists Agency, has reportedly been meeting with nynex, Bell Atlantic and Pacific Telesis to discuss the creation of a company of their own that would make and distribute films...