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Hollywood and Humility
Media Rights Capital (MRC) founders and co-CEOs Mordecai (“Modi”) Wiczyk and Asif Satchu (both MBA ’99) are among the hottest dealmakers in Tinseltown. In addition to a recent flurry of movie projects, including a three-picture deal with director M. Night Shyamalan, the pair is becoming, through MRC, one of the largest suppliers of programming for television, according to Daily Variety (September 25, 2008).
With the major studios growing increasingly risk-averse, MRC found a niche: It turned to Wall Street and private equity for capital while establishing its own talent relationships and keeping creative control over MRC-produced content. Asked about his philosophy of dealmaking, Wiczyk replied, “Do what’s original. Don’t worry about precedent. But remember, everything has been done before and seen before. We have a fifty-foot board here with an industry timeline from 1890 to 2008. History is humility.”
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