Chapter 47

Chapter 47: Ovitz's luck

Michael Ovitz and Michael Levine, two Michaels.

Let me talk about Michael Ovitz, founder of CAA.

Even today, he still maintains good relationships with many Hollywood superstars.

At the same time, it is also of great importance for cultivating innovative elites.

After all, he is the founder, the founder of the company culture. It's just that he was later deposed by senior officials and shareholders did not trust him.

Was denied re-admission by CAA, thus creating AMG.

Michael Levine's position at CAA is called "Senior Partner."

People who don't know what it looks like will think he's one of the bosses of CAA.

But actually it's a matter of "senior partner". This is very common in many companies across many industries in the United States.

At CAA, the job title is like this, but it actually refers to the main broker of the innovation elite culture.

This does not mean this person is a senior manager of the company.

This position belongs to the company's mid- and senior-level personnel.

Even managers are not considered, unless there are other part-time management positions in the company. The reason Abel flirts with Michael Ovitz is because of his outsider status.

With Ovitz's cooperation, there is no doubt that entering CAA or the entertainment industry will be much easier.

The reason Michael Levine was attracted was because Abel knew him at CAA.

That is one of their values.

But if they really want to benefit from the benefits Abel mentioned, they need to reflect on their values ​​more. For example.

Help Abel get as many CAA shares as possible.

It is not impossible.

First of all, Michael Ovitz still has some stake in the elite culture of innovation.

At the same time, he has good relationships with many shareholders of the innovation elite culture, he at least knows each other. Shareholders simply don't trust his management abilities, and they don't hate him either.

Having Michael Ovitz as a lobbyist makes reaching these shareholders easier.

Michael Levin may temporarily act as a corporate agent to obtain business information from CAA.

To some extent, this may help Abel get a better stake in the innovation elite culture.

Regarding purchasing CAA, there may be a better choice. But in Abel's opinion, using Michael Ovitz and Michael Levine is currently his best bet.

The main reason is that it comes too fast and the time is too short.

In terms of communication, this is where he lacks the most.

Now I have no other choice but to use this method.

Time and space go together,

TGP Capital from the Texan group called on Michael Ovitz. In 2003, acquired 36% of the shares of Innovation Elite Culture.

And in 2009, they accounted for more than 16%, reaching more than 50% of the shares.

Become the largest shareholder of CAA.

Since TGP Capital can operate this way, of course Abel can also operate this way.

Michael Levine just added the first part,

Michael Ovitz is at the heart of this acquisition. "It's hard."

After thinking for a moment, Michael Ovitz quietly said:

"CAA is in good operating condition, has good capital operations and good profits, suitable for long-term holding."

"His shareholders, he wouldn't want to sell it."

Abel has already thought about this point.

Whether it's CAA now or Victoria's Secret.

are high quality assets.

Buy these high-quality assets when the economy is not in crisis.

It is impossible not to pay the insurance premium. He does not have time to wait eight years and therefore has to pay more.

"My offers to Mr. Krone and General Motors are for a total premium of 50%."

Abel looked at Michael Ovitz and said.

"This is my bottom line. If it exceeds this bottom line, then I can also choose to keep it for a long time."

Michael Levin looked at Ovitz expectantly.

Out of four. Besides Annie, he probably hopes the most for Ovitz to agree to cooperate with Abel.

If he's really successful, he could suddenly become general manager or a similar position at CAA, which has countless people under both!

This is for him, who has worked at CAA for nearly 20 years and is only a mid- and senior-level employee.

Certainly very attractive.

And Ovitz?

Is he excited? Of course he was touched.

For Michael Ovitz, there were two great shames in his life.

One of them was kicked out by Disney.

The other wanted to return to CAA but was refused.

We can't play with Disney, it's the real Big Mac. CAA, the company he founded, did this which made him very angry.

Otherwise, he would not have founded AMG and wanted to compete with CAA.

It doesn't work.

Now there is an opportunity, there is capital ready to help him return to CAA.

Please help him in "The Return of the King". Michael Ovitz was willing in his heart.

It's just that this question is very important. If this is done, it will even affect its AMG.

He must also consider the likelihood of success of this method.

At the same time, he is also thinking about where to start if he really agrees. Perhaps Disney is more willing to let go?

Upon joining Disney, Disney held a small stake in CAA.

Not much, about one percent.

Thinking for a moment, he gently said: "I have to think again, this is very important."

Michael Levine is a bit disappointed.

Abel laughed loudly. This is not a direct refusal but a choice to consider.

This proves that Michael Ovitz is at least an emotional person.

He smiled and said, "No problem." This is actually a very important issue and needs to be considered carefully.

"Okay~" he continued: "Let's stop talking about these things. Eat quickly, the pizza will get cold."

"Yes." Ovitz smiled, picked up a piece of grilled chicken pizza and took a bite: "It's really cold. But the taste is really good. It's been many years since I've enjoyed such delicious grilled chicken pizza.

Grilled chicken pizza is a cheap, popular dish. It's true that a rich man like him hasn't eaten for many years.

"Actually." Abel laughed: "All of Manhattan, all of New York. The grilled chicken pizza here is the best."

The key is cheapness. When he first arrived in New York and needed to save money for currency speculation.

The delicious and cheap grilled chicken pizza supported his gluttonous appetite at that time.

It is estimated that I ate too much at that time, which made Abel really like the grilled chicken pizza here.

So he has nothing to do so he likes to come here for dinner.

That's because he really likes the taste here, not because he doesn't have money to eat better. Michael Ovitz and Abel are no longer talking about CAA.

Michael Levine and Anne Hathaway had no choice but to drink cold pizza and Coke.

Then watch Michael Ovitz, chat with Abel about business or Hollywood.

(end of this chapter)