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OVITZ: EIGHT ARMS TO HOLD YOU

Hollywood Heavy-Hitter To Lend Clout
To Web Aggregator Octopus.com
Hollywood mainstay Michael Ovitz is lending his entertainment industry clout to another Silicon Valley startup, according to CNET.com.

Lynx Technology Group, Ovitz's investment and consulting firm, is expected to announce imminently an alliance with Web aggregator Octopus.com to help push its technology with media companies.

Next week, Octopus plans to unveil partnerships with several online entertainment firms, including E Online, Dimension Music, GameSpy Industries and Hollywood Stock Exchange, according to the company.

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