Word: bronfmans
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Dates: during 1990-1999
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...owner of Turner Broadcasting said recently. "But I'm not going to show my hand. I mean, you didn't see Eisenhower faxing Hitler the plans for the invasion of Europe." John Malone, CEO of Tele-Communications Inc., has offered to help Turner buy a television network, and Edgar Bronfman Jr., CEO of Seagram Co., may get a piece of that action, too. NBC president Robert Wright, while announcing that he thinks parent company General Electric plans to stand pat, coyly valued his network at about $11 billion, adding, "We just got a lot more expensive." And of course everyone...
...owner Edgar Bronfman Jr. nails down distribution deal with DreamWorks...
Since the bust-up of the MCA deal is a Hollywood story, it must also be about relationships. It was about Ovitz's friendship with Bronfman, which was tested by Ovitz's demands for more money and power. It was about the family atmosphere, nurturing and disciplined, in which the lords of CAA raise their younger employees. It was also about the agency's awesome client roster: the Costners and Cruises, Redfords and Streisands, Keanus and Winonas, Spielbergs and Zemeckises. These are people who don't like to feel deserted by their 10-percenters...
...Bronfman says he will put off looking for a new studio chief while he learns more about the company. And Ovitz, according to a CAA representative, is "working his little fanny off." Some industry insiders think Ovitz's real goal is to be the next chairman of Time Warner. And if that, why not the boss of Viacom? Or Supreme Commander of the Galaxy? And would anyone be surprised if the discussions between Ovitz and Bronfman were to start again? After all, they still have a relationship...
Michael Ovitz isn't going anywhere. Negotiations for the Creative Artists Agency chairman to head MCA collapsed as Seagram completed its $5.7 billion purchase of 80% of the entertainment giant. Disputes between Ovitz and Seagram ceo Edgar Bronfman Jr. over executive autonomy and a compensation package worth more than $200 million are speculated to have caused the impasse...