This kind of thing has a high probability of happening.

The premise is that Ovitz didn't do well enough in CAA.

After thinking about it, Ovitz explained to Abel what he had been thinking and planning during this period.

What would he think if he could take over as CEO of CAA again?

"CAA needs to accelerate its transformation." He said: "Of course, I don't mean to let CAA operate in other fields.

What I mean by transformation is that CAA will no longer focus solely on the entertainment industry as before."

"Commercial sports, art works, artists, even commercial agencies, real estate agencies."

"Caa can enter all these fields."

Hearing his words, Abel nodded.

He told Ovitz that he was not capable of being the CEO of CAA.

I'm also a little skeptical.

After Ovitz left Disney and CAA, AMG founded by Ovitz really had no sound.

After 2000, this former one of the Hollywood kings gradually disappeared from the public eye.

He had to doubt Ovitz's ability.

Now that I hear Ovitz's plan, it's actually pretty much what he thought.

CAA must expand its business areas and gradually transform.

in parallel space and time,

CAA does the same thing.

It has been relatively successful and has continued to maintain CAA's position in the industry.

"Once I gain control of the board of directors," Abel said softly, "I will inject $300 million.

These US$300 million will be used to help CAA transform and develop in the fields you mentioned above."

"The main directions will be commercial sports and overseas expansion."

"I have information on Wall Street.

Data show that in the European sports market last year, in the field of football alone, commission fees were as high as 460 million pounds."

"If you include tennis, cycling, racing and other areas, this is a market worth over £1 billion in commissions."

"Even if the entire Hollywood combined, the commissions are only about the same."

"This is what happens overseas."

"In our country, we also have the NBA, NFL, MLB and NHL."

"Taken together, the scale is not inferior to that of Hollywood or the European sports market."

"What's more, there are other subdivisions, such as the modeling industry."

"CAA can no longer be limited to Hollywood and the entertainment industry."

"It should have a broader market, a larger scale, and a higher status."

"Michael. I believe you will definitely satisfy me, right?"

After saying this, Abel looked at Michael Ovitz with bright eyes.

"If you think you can do it, then write a business plan."

"A plan to quickly double the size of CAA with more than US$300 million in funds."

"As long as this business plan satisfies me."

"So, Michael.c.

The position of CEO of AA will always be yours."

"otherwise..."

Otherwise, he didn't say anything.

But there were four people present, including him.
Chapter completed!