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Evidence receipt / belief

Published · transcript-backed

Michael Ovitz: belief

21 Dec 2021 Acquired CAA (with Michael Ovitz)

“I think that you could safely compare the studio system to today's NFL. They had people that made a lot of money.”

— Michael Ovitz

Source trail

Everything needed to verify it.

Speaker
Michael Ovitz
Attribution
Verified speaker
Claim type
belief
Recorded
21 Dec 2021
Publisher
Acquired

Transcript context

…Yeah, they played for the team. If they didn't go out and play, they would get suspended. I think that you could safely compare the studio system to today's NFL. They had people that made a lot of money. They had artists that were getting, in their time, substantial sums of money. The Douglas Fairbanks, the Mary Pickfords. Then if you move into the next era, the contract players, the Clark Gables, the Jimmy Stewarts, the Cary Grants, they were paid, in those days money that was unthinkable. Even for the folks where it was a large amount, it was committed upfront. They didn't get a share of the proceeds until—who was the first to really get a gross proceeds deal?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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