When Michael Ovitz founded the Creative Artists Agency, he turned a number of the entertainment industry’s well entrenched traditions on their head. The origin story of a16z is not at all dissimilar — and not by coincidence.
In this episode, Ovitz and a16z co-founder Ben Horowitz talk with Hanne Tidnam about Ovitz’ just-released book, Who is Michael Ovitz? — how CAA transformed the power equation in Hollywood, from the history of the entertainment business from the days of vaudeville and the Jack Warners and William Foxes to Jurassic Park; to how both founders differentiated their firms as the new kid on the block and the strategies that guided them, including culture, negotiation and more.
Source link https://a16z.com/2018/09/25/michael-ovitz-entertainment-culture-negotiation-talent/