11.02.2004

BULLETIN! BREAKING NEWS!


Now you know: (from Variety (Expensive subscription only)):

"A weary-looking Michael Ovitz concluded five days of testimony Monday insisting the generous severance clause in his Disney contract was well justified by the risks of his new job and the hefty pay of his previous one. Refusing to be cowed by an aggressive tour of his expense account, he willingly portrayed himself as an intrepid and dedicated showbiz Santa Claus.

'I gave presents to everyone. ... I pioneered the idea of giving goodwill gifts to people to mark occasions,' the former Disney president told a Delaware court."


That's so fantastic I have to paste it and put it in bold again.

"I pioneered the idea of giving goodwill gifts to people to mark occasions."

Your parents owe Michael Ovitz thousands in royalties.

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