Hollywood is abuzz with rumors that former superagent and Disney president MICHAEL OVITZ plans to start a talent-management business. He would presumably bring along former clients, including Sydney Pollack, Warren Beatty, Dustin Hoffman and Kevin Costner. The fact that most on that list are over 50 has apparently not been lost on Ovitz, who is said to be courting Brad Grey (who declined) and hot young Hollywood manager Rick Yorn, of Industry Entertainment. Yorn represents Leonardo DiCaprio, for one. Other clients include Cameron Diaz and Claire Danes.
A former Ovitz associate expressed surprise that Ovitz would get into talent hand holding...