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How Michael Ovitz shifted Hollywood's balance of power

Sep 25, 2018
Creative Artists Agency, the talent agency he co-founded, pioneered the concept of "packaging" artists together to make deals.
Michael Ovitz, co-founder of the Creative Artists Agency, arrives at the Sun Valley Resort in Idaho for the annual Allen & Company Sun Valley Conference in July.
Drew Angerer/Getty Images

One giant talent agency to swallow another

Dec 18, 2013
The talent agency William Morris Endeavor has made a deal to buy rival agency IMG Worldwide for a cool $2.4 billion.
The talent agency William Morris Endeavor is reportedly near a deal to buy rival agency IMG Worldwide for a cool $2.4 billion. Above, IMG client Tim Tebow.
Jared Wickerham/Getty Images