Wassermann also took a gamble with a then unknown movie director by the name of Stephen Spielberg. Spielberg was yet to prove himself as a director and based on the climate of the industry the need to take a fair amount of risk. It was said at the time Lew Wasserman a veteran at the Hollywood scene, needed to “keep his finger on the cultural pulse” and he did this by employing new and younger talent for the fresh ideas. This calculated risk came in the form of letting young Stephen Spielberg Direct the groundbreaking film “Jaws”. The film cost 7million dollars to produce and the commercial and critical success superseded all the expectations and it has since been considered top 50 greatest Hollywood movies of all time.
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