Archive Page - 12/1/12 39 years, 2,083 covers and 53,323 stories from PEOPLE magazine's history for you to enjoy
On Newsstands Now
- Kim's Delivery Room Drama!
- Katie: A Year After Split
- Princess Kate: Palace's Baby Plan Revealed
Pick up your copy on newsstands
Click here for instant access to the Digital Magazine
People Top 5
LAST UPDATE: Wednesday June 19, 2013 09:10PM EDT
PEOPLE Top 5 are the most-viewed stories on the site over the past three days, updated every 60 minutes
- December 31, 1990
- Vol. 34
- No. 26
A Tough, Innovative Superagent Emerges as King of the Hollywood Deal
Michael Ovitz added the top line to his credit crawl by providing a service usually performed by Wall Street investment houses. His take on the MCA deal: a reported $40 million. Last year, Ovitz did a push-up to this task by marrying Sony to Columbia Pictures Entertainment. "Hollywood is about relationships," a well-connected TV producer once said, "and everybody today wants an even warmer relationship with Mike."
So as Hollywood slides across the Pacific Rim to Japan, the man greasing the wheel is Ovitz, the 44-year-old superagent who. as chairman of Creative Artists Agency, has assembled an unparalleled stable of actors, directors and screenwriters. Among them: Madonna, Kevin Costner, Barbra Streisand, Steven Spielberg, Sylvester Stallone, Cher and Ovitz's former aikido instructor, Steven Seagal.
Much of Ovitz's most-powerful-man rep still comes from "packaging" clients-actors, directors and writers—to make films like GoodFellas (Robert De Niro, Ray Liotta, director Martin Scorsese and writer Nicholas Pileggi). And he pulls all these strings with consummate skill. Says Disney Chairman Michael Eisner: "He's among the most tenacious people one would ever meet."
The spotlight rarely shines on the publicity-shy agent, who started out as a mail boy in the William Morris Agency. Devoted to Judy, his wife of 21 years, and their three children, Ovitz spends much of his time at their art-filled Brentwood home. Some think he may take over a studio. But why bother? He is already the shogun of Hollywood.
Treat Yourself! 4 Preview Issues
The most buzzed about stars this minute!