The Ultimate Mogul

Is Michael Ovitz getting too powerful? The Hollywood agent's new deal stirs up a controversy about his many roles.

Tom Cruise is on the line.

Call Warren Beatty.

Barry Levinson wants to talk about the new script.

Mayor Bradley called. And Barbra.

Would anyone like something to drink?

It's after sundown at Creative Artists Agency in Beverly Hills, California, but all three floors quietly crackle, as ever, with the buzz of incredible deals being hustled, of fabulous concepts being bruited, of hurried corridor conversations between 28-year-old talent agents who feel privileged -- no, blessed -- to be in this place.

In a corner office on the top floor is the soft-spoken 46-year-old from whom the swirl of glamour and adrenaline...

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