Chapter 48: Ovitz's Chances

Michael Ovitz and Michael Levine, two Michaels.

Let's start with Michael Ovitz, the founder of CAA.

Even now, he still has a good relationship with many Hollywood superstars.

At the same time, he is also very meaningful to the culture of innovative elites.

After all, he is the founder and the founder of the company's culture.

It's just that he was later squeezed out by the top and distrusted by shareholders.

Rejected by the CAA to accept again, thus creating AMG.

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

People who don't know it sound like they think he's one of the bosses of CAA.

But actually, the "senior partner" thing.

It is very common in many companies in many industries in the United States.

At CAA, this is the job title, which really refers to a senior broker with an innovative elite culture.

It's not that this person is the top of the company.

This position belongs to the middle and senior personnel of the company.

Not even management, unless there are other senior in-house part-time positions.

Abel wooed Michael Ovitz because of his own identity as an outsider.

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

Wooed Michael Levine because Abel knew him in CAA.

That's one of their values.

But if they want to really get the benefits that Abel said, then they must show more value to them.

Like what.

Help Abel and get as many shares of CAA as you can.

It's not impossible.

First of all, Michael Ovitz still has some stakes in the culture of innovative elites.

At the same time, he has a good relationship with many shareholders of innovative elite culture, at least they know each other.

Shareholders just don't trust his ability to operate, not that they don't like him.

With Michael Ovitz as a lobbyist, it's easier to engage with those shareholders.

Michael Levine can temporarily act as a commercial spy to obtain some business intelligence from the CAA.

To a certain extent, it can help Abel to better acquire the shares of innovative elite culture.

There may be a better option when it comes to acquiring CAA.

But from Abel's point of view, using Michael Ovitz and Michael Levine is his best option at the moment.

The main thing is that he rose too fast and the time was too short.

In terms of connections, it is where he is most lacking.

Now I have no choice but to use this method.

In parallel space-time,

The TGP capital of the Texas consortium is to use Michael Ovitz.

In 2003, it acquired a 36% stake in Innovative Elite Culture.

And in 2009, it acquired another 16%, reaching more than 50% of the holdings.

Became the largest shareholder of CAA.

Since TGP Capital can operate in this way, Abel can certainly do the same.

Michael Levine is just an addition,

Michael Ovitz is at the heart of the acquisition.

"It's difficult..."

After a little silence, Michael Ovitz whispered:

"CAA is in good operating condition, with good capital operation and good profits, which is suitable for long-term holding."

"Its shareholders won't want to sell it."

On this point, Abel has long thought about it.

Whether it's the current CAA, or Victoria's Secret.

are all high-quality assets.

Acquire these quality assets when it is not an economic crisis.

It is impossible to want not to pay a premium.

He didn't have time to wait eight years, so he had to pay a little more.

"I have made a 50 percent premium to Mr. Krone and GM."

Abel looked at Michael Ovitz and said.

"That's my bottom line. Beyond this bottom line, then I can also choose to hold it for a long time. ”

Michael Levine looked at Ovitz with some eagerness.

Among the four.

Aside from Anne, he was probably the most desperate to get Ovitz to agree to Abel.

If he really succeeds, then he can suddenly become the general manager or similar position in CAA, above countless people under the two of them!

This is for him who has been working hard in CAA for almost 20 years and is only a middle and high-level person.

It's undoubtedly very attractive.

What about Ovitz?

Is he excited?

Of course he was impressed.

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

One is to be kicked out by Disney.

The other wanted to return to CAA, but was rejected.

Disney he can't mess with, that's a real Big Mac.

CAA, the company he created, was very angry about this.

Otherwise, he wouldn't have founded AMG and wanted to play against CAA.

It just didn't work out.

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

Help him "return of the king".

Michael Ovitz was willing.

It's just that this matter is very important, and if it starts to be implemented, it will even affect his AMG.

He also has to consider the probability of success in doing this.

At the same time, he was also thinking about where to start if he really agreed.

Maybe Disney is more willing to let go?

When he joined Disney that year, Disney easily bought a little bit of CAA.

Not much, about one percent.

After thinking for a while, he whispered, "I need to think about it, it's a very important thing. ”

Michael Levine was a little disappointed.

Abel laughed.

Not to reject outright, but to choose to consider.

This proves that Michael Ovitz is at least moved.

He smiled and said, "No problem." This is indeed a very important thing and needs to be carefully considered. ”

"Okay~" he continued, "Don't talk about these business things. Hurry up and eat, the pizza is going to be cold. ”

"Hmm." Ovitz smiled, picked up a slice of rotisserie chicken pizza, and took a bite, "It's really cold." But it tastes really good, such a delicious grilled chicken pizza, I haven't eaten it for many years. ”

Grilled chicken pizza is cheap civilian food, and it's true that a rich man like him hasn't eaten it for years.

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

The key is cheap.

When he first came to New York and needed to save money to speculate on foreign exchange.

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

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

So when he has something to do, he likes to come here to eat.

It's that he really likes the taste here, it's not that he doesn't have the money to eat better.

Neither Michael Ovitz nor Abel are talking about CAA anymore.

Michael Levine and Anne Hathaway had no choice but to eat a somewhat cold pizza with Coke.

Then look at Michael Ovitz and talk to Abel about business or Hollywood.