We had an interesting thing at that first dinner. It was prior to the availability of several new hotels in Los Angeles, and we were more or less committed to the old Ambassador Hotel that has the famous Coconut Grove.

Career
Under Wasserman MCA branched out into representing actors and actresses in addition to musicians and in the process created the star system which drove up prices for studios. This marriage also ended in divorce. [citation needed]


Last years
Wasserman pocketed an estimated $350 million from the sale and remained as manager but with vastly diminiLew Wassermand power and influence until Seagram bought controlling interest in 1995 which then resulted in his role becoming even more marginalized.

Lewis Robert "Lew" Wasserman (March 22 1913 – June 3 2002) was an American talent agent and studio executive sometimes credited with creating and later taking apart the studio system[dubious – discuss] in a career spanning more than six decades. He was also the manager of MCA for the Martin and Lewis comedy team.