America's Road to Wealth

Chapter 47 Ovitz's Chance
Michael Ovitz and Michael Levine, two Michaels.

Let me talk about Michael Ovitz first, the founder of CAA.

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

At the same time, he is also of great significance to the innovative elite culture.

After all, he is the founder, the founder of the company culture.

It's just that he was later squeezed out by high-level officials, and shareholders didn't trust him.

Rejected by CAA for re-acceptance, thus creating AMG.

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

People who don't know what it sounds like think he is one of the bosses of CAA.

But in fact, the "senior partner" thing.

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

In CAA, the job title is this, but it actually refers to the senior broker of the innovative elite culture.

It doesn't mean that this person is the top management of the company.

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

Not even management, unless there are other senior part-time jobs within the company.

The reason why Abel wooed Michael Ovitz was because of his own status as an outsider.

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

The reason for attracting Michael Levine was because Abel knew him in CAA.

This is one of their values.

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

such as.

Help Abel to get as many CAA shares as possible.

This is not impossible.

First, Michael Ovitz still has some stake in the innovative elite culture.

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

Shareholders just don't trust his management ability, not dislike him.

Having Michael Ovitz as a lobbyist makes it easier to reach those shareholders.

Michael Levine can temporarily act as a commercial spy and obtain some CAA commercial intelligence.

It can help Abel to a certain extent to better acquire shares in the innovative elite culture.

In terms of acquiring CAA, there may be better options.

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

The main reason is that his rise was too fast and the time was too short.

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

Now I have no choice but to use this method.

in parallel time and space,
TGP Capital of the Texas consortium uses Michael Ovitz.

In 2003, acquired 36% of the shares of Innovation Elite Culture.

And in 2009, it acquired 16% again, achieving more than 50.00% holding.

Become the largest shareholder of CAA.

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

Michael Levine just added the head,
Michael Ovitz is the core of this acquisition.

"It's difficult."

After pondering for a while, Michael Ovitz said softly:
"CAA is in good operating condition, with good capital operation and good profits, suitable for long-term holding."

"Its shareholders are not going to want to sell it."

Abel had already considered this point.

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

All are quality assets.

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

It is impossible not to pay a premium.

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

"My quotations to Mr. Crown and General Motors are a total premium of 50.00%."

Abel looked at Michael Ovitz and said.

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

Michael Levine looked at Ovitz eagerly.

among the four.

Apart from Anne, he was probably the one who most urgently hoped that Ovitz would agree to cooperate with Abel.

If he really succeeds, then he can suddenly become the general manager or a similar position in CAA, with countless people under the two!
This is for him who has struggled in CAA for almost 20 years and is only a middle-level and high-level person.

Undoubtedly very attractive.

What about Ovitz?

Is he excited?

Of course he was moved.

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

One was kicked out by Disney.

The other wanted to rejoin CAA, but was rejected.

He can't afford to mess with Disney, that's the real Big Mac.

CAA, the company he founded, made him very angry.

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

It just didn't work out.

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

Help him "The Return of the King".

Michael Ovitz was willing in his heart.

It's just that this matter is very important. If it is 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, Disney took a small share of CAA.

Not much, about one percent.

After thinking for a while, he said softly, "I need to think about it, this is very important."

Michael Levine was a little disappointed.

Abel laughed.

It's not a direct rejection, but a choice to consider.

This proves that Michael Ovitz at least has a heart.

He smiled and said: "No problem. This is indeed a very important matter and requires careful consideration."

"Okay~" he continued, "Let's not talk about these business matters. Hurry up, the pizza is going to be cold."

"Yeah." Ovitz smiled, picked up a sliced ​​grilled chicken pizza, and took a bite. "It's really cold. But the taste is really good. I haven't eaten such a delicious grilled chicken pizza 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 many years.

"That's right." Abel laughed, "The whole of Manhattan, the whole of New York. The grilled chicken pizza here is the best."

The key is cheap.

When he first came to New York, he needed to save money to speculate in foreign exchange.

The cheap and delicious grilled chicken pizza here supported his gluttonous appetite at the 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 nothing to do, he likes to come here for dinner.

It's because he really likes the taste here, not because he has no money to eat better.

Both Michael Ovitz and Abel are no longer talking about CAA.

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

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

(End of this chapter)