In 1995, he resigned from CAA to become president of the Walt Disney Company under chairman Michael Eisner. Fourteen months after taking office, he was fired by Disney's board of directors and received a $140 million severance package; this, along with the failure of his subsequent venture, the Artists Management Group, led to his very public charge of a conspiracy by the so-called Gay Mafia to bring about his ruin.
Today, Ovitz is a private investor and passionate basketball fan who continues to informally advise the careers of such luminaries as Martin Scorsese, David Letterman, Tom Clancy, and others while he plots his next move.
E! Online: Michael Ovitz, the Thing that Ate Hollywood (http://www.eonline.com/Features/Specials/Ovitz/)
Michael Ovitz, American Media Executive (Museum of Broadcast Communications) (http://www.museum.tv/archives/etv/O/htmlO/ovitzmichae/ovitzmichael.htm)
Michael is one of the principal angels in Abrahamic tradition; his name was said to have been the war-cry of the angels in the battle fought in heaven against Satan and his followers.
Michael is reputed to have caused a healing spring to flow in the first century at Colossae, and his churches were frequently visited by the sick and lame.
Medieval Christians considered St. Michael as the symbol or emblem of the Church Militant and as the patron saint of soldiers, in the Roman Catholic liturgy, Princeps militiae coelestis quem honorificant angelorum cives ("Prince of the celestial army whom the city of angels honor").
Michael S. Ovitz (born December 14, 1946) is a former talent agent and Hollywood powerhouse who served as the head of the Creative Artists Agency from 1975 to 1995.
Ovitz is also well-known for negotiating David Letterman's move from NBC to CBS, chronicled in the book The Late Shift: Letterman, Leno, and the Network Battle for the Night by Bill Carter, as well as for discovering the action star Steven Seagal.
Today, Ovitz is a private investor who continues to informally advise the careers of luminaries such as Martin Scorsese, David Letterman and Tom Clancy.
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