Trapital

Do True Moguls Still Exist?

Mar 25, 2025
In this engaging discussion, Web Barr, Founder and CEO of High Bar Media and host of Media Moguls, tackles the current state of true moguls in entertainment. He delves into the legendary rise of Ted Turner and the evolution of power players from traditional moguls to modern independent creators. Web highlights the dramatic shifts in media consumption, the influence of tech giants like Elon Musk, and the duality of industry practices today. He also speculates on the future landscape of media leadership and the challenges faced by creators.
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ANECDOTE

Wasserman's Innovations

  • Lew Wasserman pioneered points deals with talent like Jimmy Stewart.
  • He embraced TV production when Hollywood feared it, demonstrating a mogul's vision.
INSIGHT

Classic Moguls

  • Classic moguls like Wasserman and Disney held immense power due to high entry barriers.
  • They shaped entire industries, controlling both production and media landscapes.
ANECDOTE

Ovitz's Agency Model

  • Mike Ovitz revolutionized Hollywood dealmaking by prioritizing talent relationships and packaging.
  • His agency model, inspired by Wasserman, influenced even Silicon Valley.
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