The already slow pace of another Hollywood summer could grind into even lower gear today, as industry types let the phone ring while they whip through the biggest tell-all book in recent memory. Powerhouse: The Inside Story of CAA, released Tuesday, details the birth of the super-agency, its internal struggles and, in particular, extreme behavior by two of its founders, Michael Ovitz and Ron Meyer.
Among the revelations of the oral history, compiled by author James Andrew Miller: How Meyer, now vice chairman at NBCUniversal, faced the threat of mob retaliation when he racked up huge gambling debts and how Ovitz purportedly left millions on the table when he departed CAA in 1995 and didnt insist on a share of the agencys future profits. Am…
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