Michael Ovitz

Late night, which was the lowest viewing center on television, but very profitable, Letterman drew 5 million viewers every night. The day it's over, and the theaters are tough to go to, and until someone puts capital into the theaters, people don't want to go. You can now get a 100-inch flat screen for around $2,500 max.

You can get a surround sound kit from any of the big Japanese manufacturers for $499 at Costco or any place. You get your own little theater and you put it in your bedroom, your living room, put it in your bathroom. It doesn't make any difference. I just bought a projector that's 4K. It's about six inches wide. It projects a picture on the wall in my bedroom. It's unbelievable.

You can get a surround sound kit from any of the big Japanese manufacturers for $499 at Costco or any place. You get your own little theater and you put it in your bedroom, your living room, put it in your bathroom. It doesn't make any difference. I just bought a projector that's 4K. It's about six inches wide. It projects a picture on the wall in my bedroom. It's unbelievable.

And technology has just swamped the content possibilities. And we're not growing creative people. Who's the next Steven Spielberg? Who's the next Morty? Why is that? How do we do that? You need... a fertile marketplace. And as I always said when I was at the agency, we're in a business, folks.

And technology has just swamped the content possibilities. And we're not growing creative people. Who's the next Steven Spielberg? Who's the next Morty? Why is that? How do we do that? You need... a fertile marketplace. And as I always said when I was at the agency, we're in a business, folks.

It's fun to make movies that no one wants to see except the person that makes it because it's some personal statement. And that's fine. But we had a rule, one in three. You didn't make two commercial movies, you were not making an art movie. Today, go look at the things nominated for Academy Awards and show me the breakout movie.

It's fun to make movies that no one wants to see except the person that makes it because it's some personal statement. And that's fine. But we had a rule, one in three. You didn't make two commercial movies, you were not making an art movie. Today, go look at the things nominated for Academy Awards and show me the breakout movie.

You know, we used to have movies that had an aesthetic value and a commercial value. And when you push them together right at that line, they were the Tootsies and the, you know, they were the, all the President's Men and the Jurassic Parks and the Rain Man. Rain Man was a humongous hit. That movie was turned down by everybody. What do you think the key is to raising money? confidence.

You know, we used to have movies that had an aesthetic value and a commercial value. And when you push them together right at that line, they were the Tootsies and the, you know, they were the, all the President's Men and the Jurassic Parks and the Rain Man. Rain Man was a humongous hit. That movie was turned down by everybody. What do you think the key is to raising money? confidence.

On the other side, the people you sit with have to have confidence in you that you're going to be diligent about it. Fortunately for me, I don't go into a meeting where people think that I'm not going to take it very seriously. I view other people's money as my own because it's all intermixed. And they also know I hate failure. I just have a thing about it from the time I was a kid.

On the other side, the people you sit with have to have confidence in you that you're going to be diligent about it. Fortunately for me, I don't go into a meeting where people think that I'm not going to take it very seriously. I view other people's money as my own because it's all intermixed. And they also know I hate failure. I just have a thing about it from the time I was a kid.

When I grew up, failing was not an option for me because failure was death, frankly, because I grew up in a very low-end neighborhood and My dad worked his ass off, but never could make anything of himself, and I didn't want that life. And failure was not an option. So it was kind of a life or death decision. And I approach everything.

When I grew up, failing was not an option for me because failure was death, frankly, because I grew up in a very low-end neighborhood and My dad worked his ass off, but never could make anything of himself, and I didn't want that life. And failure was not an option. So it was kind of a life or death decision. And I approach everything.

I approach my relationships with people, like I told you about my friend. He's my friend, and he was being wronged. And I'm not a judge, but I'm a judge in that situation for him. I'm his advocate. Am I right or wrong? I think I'm right. But if I'm wrong, frankly, I don't really care. Unless he did something egregious, I'm right.

I approach my relationships with people, like I told you about my friend. He's my friend, and he was being wronged. And I'm not a judge, but I'm a judge in that situation for him. I'm his advocate. Am I right or wrong? I think I'm right. But if I'm wrong, frankly, I don't really care. Unless he did something egregious, I'm right.

Let me give you the foundation for that answer. Every Sunday for 50 years, I do the same exercise. Hell or high water, I've never not done it. I look at my calendar the week before, and it's funny because in my early days, I had a paper calendar, a thing called a day timer. It was a little book with 30 pages, 31 pages, and you carried it in your suit pocket, and we all wore suits in

Let me give you the foundation for that answer. Every Sunday for 50 years, I do the same exercise. Hell or high water, I've never not done it. I look at my calendar the week before, and it's funny because in my early days, I had a paper calendar, a thing called a day timer. It was a little book with 30 pages, 31 pages, and you carried it in your suit pocket, and we all wore suits in

And it had everything you did every day. That's how I wrote my book, by the way. I had all those. Oh, wow.

And it had everything you did every day. That's how I wrote my book, by the way. I had all those. Oh, wow.

Cool. I look at that every Sunday. I sit down at my desk. I open my calendar. Now it's on Outlook. And I have my Outlook calendar on the left screen and my Outlook calendar on the right screen. The one on the left screen has the week before. The one on the right screen has the coming week. And I go through every single meeting I had, every transaction, every human I met could be social.