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Published · transcript-backed

Michael Ovitz: evaluation

21 Dec 2021 Acquired CAA (with Michael Ovitz)

“I like to think I made the right decision because unlike the decision Lew made where MCA disintegrated, CAA is still going strong today.”

— Michael Ovitz

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Everything needed to verify it.

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

Transcript context

…Okay. But there was no way to make everybody happy. All I could see, frankly, was the agency disintegrating. I like to think I made the right decision because unlike the decision Lew made where MCA disintegrated, CAA is still going strong today. They've done a great job in the core agency business. They didn't expand it beyond that, but that's okay. That's their prerogative. But I think the guys have done a pretty good job. It's not what I would have done, but it doesn't matter. It's not my company. But I still take pride that 45 years later, it’s still in business. Good for them. I can't think of any other companies we've covered on this show in the 200+ that you really were a true family business. It was a partnership, it was an LLC.…

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