Ovitz: CAA Doubled Director Mike Nichols's Fee From $2.5M to $5M
Michael Ovitz · CAA (with Michael Ovitz) · Acquired · Dec 21, 2021 · at 28:09
Michael Ovitz illustrates CAA's market pricing power by recounting the contract renegotiation for director Mike Nichols.
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“I remember when we signed Mike Nichols, may he rest in peace, a great director. I'll never forget a call he made to me. He was getting two and a half million to direct. And when he became a client of ours, and he, we went to make a deal for him, I called him up and I got him five million.”
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