So now that Michael Ovitz is out of a job, what's he up to? Shopping, for one thing. Recall that Ovitz was dispatched as president of the Walt Disney Co. in December, after 14 unhappy months. His wounds were soothed by a handsome contract settlement worth $130 million, give or take a dollar, depending on the performance of Disney stock.
These days it's easier to spot Waldo than Ovitz. He's been out of strobe range for the paparazzi, who haven't seen him at a single Hollywood event. But his movements are tracked with interest by the entertainment community, whose denizens wonder...