With a career that spanned over six decades, Lew Wasserman was one of the most influential figures in the entertainment industry. Born on March 22, 1913, in Cleveland, Ohio, he grew up in a working-class neighborhood where his parents, immigrants from Russia, ran a family restaurant. It was here that Wasserman's work ethic and business acumen were first nurtured, setting the stage for his future success in Hollywood.
As a young man, Wasserman started out as a theatre usher while still in high school. It was during this time that he first discovered his love for the entertainment industry. He would later join the Music Corporation of America (MCA), where he quickly rose through the ranks to eventually become the head of the company.
Throughout his career, Wasserman played a key role in shaping the modern entertainment industry. One of his most significant contributions was ending the standard star system, where actors were under contract to movie studios. This move revolutionized the way talent was managed in Hollywood, giving actors more control over their careers.
Wasserman's influence extended far beyond just talent management. He was known for his strong relationships with key players in the industry, including long-time friend, actor Ronald Reagan. Wasserman's connections and business savvy helped shape the careers of many Hollywood stars, including Reagan himself.
Wasserman's impact on the entertainment industry can still be felt today. His innovative approach to talent management paved the way for a new era of Hollywood stars who had greater control over their careers. He was also instrumental in the rise of independent production companies, giving filmmakers more creative freedom.
Despite his many successes, Wasserman never forgot his humble beginnings. He remained grounded and dedicated to giving back to his community, supporting various charitable causes throughout his life.
As one of the last of the old-school Hollywood moguls, Lew Wasserman's influence on the industry will never be forgotten. His legacy lives on in the countless actors, filmmakers, and industry professionals whose careers he helped shape. Wasserman's impact on the entertainment industry is undeniable, and his contributions will continue to inspire future generations of Hollywood leaders.