MTL - America’s Road To Wealth-Chapter 47 Ovitz's chance

  Chapter 47 Ovitz's Chance

  Michael Ovitz and Michael Levine, two Michaels.

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

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

  At the same time, it 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 squeezed out by high-level officials later, and shareholders didn't trust him.

   Was 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 title of the position 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 high-level personnel of the company.

  Even management is not counted, 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 circle, it will be much smoother.

   The reason why Michael Levine was attracted 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 reflect more of their value.

for example.

  Help Abel to get as many CAA shares as possible.

   This is not impossible.

   First of all, Michael Ovitz still has some shares 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 Levin can temporarily act as a commercial spy to obtain some CAA business 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 a better choice.

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

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

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

   Now I have no choice but to use this method.

  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, reaching more than 50% of the holdings.

   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 is just adding to the head,

  Michael Ovitz is the core of this acquisition.

   "It's hard."

   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, it's not going to want to sell it."

  Abel has already considered this point.

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

   are high-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. Krone and the General Motors Group have 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 hold it for a long time."

  Michael Levin looked at Ovitz eagerly.

   Among the four.

  Besides Annie, he is probably the most eager hope that Ovitz agrees to cooperate with Abel.

   If he really succeeds, he can suddenly become the general manager or a similar position in CAA, where there are countless people under the two!

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

   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 return to CAA, but was rejected.

  Disney can't be messed with, that'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 just didn't work out.

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

  Help him in "The Return of the King".

  Michael Ovitz is 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 is not a direct rejection, but a choice to consider.

   This proves that Michael Ovitz is at least moved.

  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. Eat quickly, 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. It is true that a rich man like him has not eaten it for many years.

   "Really." 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 and 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 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.

   It’s because he really likes the taste here, not because he has no 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 some cold pizza with Coke.

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

  (end of this chapter)