Warren Buffett – Page 5 – Chairman's Blog

June 25, 2013August 27, 2015

Manka Bros. Changes Management Structure

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Good afternoon.

Following a disastrous staff meeting with a roomful of idiots posing as my senior management team, I have decided to make a few changes to the organizational structure of Manka Bros.

Previously, all of the division heads – Robin Rafe (Theatrical), Jay McBee (Television), Emily Sachs (Music), Cyrus Weinstein (Publishing), Ethan Rubidioux (Consumer Products, Broadway, Sports, Fun Parks, Kids and Digital) as well as COO Lloyd Grohl and CFO David Chang – reported directly to me.

That’s all changing.

As of today, I will have NO DIRECT REPORTS. I seriously don’t want to talk to any of you if I don’t have to.

Going forward, I am going to write down certain tasks (on color coordinated index cards) that you must complete (i.e., which films, TV shows, books, music, etc. should be greenlit and what should be passed on – as well as all the other day-to-day business that may come up).

My assistant, Vicky Adler-Modry, will pin the cards to a bulletin board in the foyer outside of my office suite.

You may check the board throughout the day and if there is a task for you on it – you must complete it.

Write back the results or any issues that may come up on the card and I may or may not read it.

The matching of color and executive has yet to be determined – I am planning to meditate on that this afternoon. I’ll have the final colors posted within 30 days.

You may not get the color you are hoping – be open-minded.

I think this new structure will save me a lot of time and aggravation as I don’t wish to see any of you people that much anymore.

But that’s not all…

I have also decided to adjust the organizational structure of my household as follows:

My daughter (and Manka Bros. Board Member), Connie, will continue to report directly to me but only on nights and weekends.

During the day she will have a dual report to our housekeeper Lily and house manager Jerome.

My housekeeper Lily will continue to report to Jerome who will continue to report to me (but may not directly address me unless I address him first).

My driver Fernando will now report to Lily (and no longer to me).

My dog, Caesar, will have a dual report to Connie and Lily.

My ex-wives will continue to report to my lawyer.

That’s it for now.

I believe this new structure will help me to avoid contact with my senior management team and thus I will avoid having to hear all of the mind-numbingly dumb ideas that come out of their mouths.

Thanks.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

June 13, 2013June 13, 2013

Rupert Murdoch’s Divorce

A fellow mogul is in pain today.

Last night, I received a private TWEET from Rupert Murdoch – that after months of agonizing separation, he was filing for divorce from his wife Wendi Deng.

Even though I couldn’t hear his voice, I could tell he was crying.

I’ve known Rupert for many many years. More years that his third wife has been alive.

Yet, I always knew, even before she was born, that Wendi Deng Murdoch was the person for him.

It’s none of our business why someone else’s marriage ends.

I do know that if the marriage of Rupert Murdoch and Wendi Deng Murdoch can’t survive – there isn’t much hope for anyone else.

They were ideal for each other.

Equals in intellect.

She was beautiful.

He was rich.

In my world, this is the perfect match.

And while we all cry a bit today for Rupert, we can bravely dry those tears tomorrow because Rupert will land on his feet.

He didn’t tell me why the marriage fell apart. There must have been something in those years of wire tapping her phone that became the final straw.

Chin up, Rupe, I’ll be here whenever you need a friend.

I’ll see you at Sun Valley. I’ll save you ONE STOOL at the bar.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

(dictated – not read)

Other Blogs about Rupert Murdoch:

In Defense Of Rupert Murdoch

Rupert Murdoch’s Special Charity

Book Club Meeting On Rupert Murdoch’s Boat

Rupert Murdoch and Sumner Redstone

Blogs About Wendi Deng Murdoch:

The Woman Who Saved News Corp. (OnMedea)

July 30, 2012July 30, 2012

Manka Bros. Would Like To Offer Ross Levinsohn A Job

Hello from the Seychelles!

I was interrupted during my morning para-scuba excursion with the news that Ross Levinsohn is leaving Yahoo!

Is Yahoo! really that stupid?

Every month it’s a new high level executive on the market. Who needs headhunters when you have ex-Yahoo! CEOs out there?

[Note to Marissa Mayer: Call me in a few months after you’ve officially handed the baby off to the nanny – I’ve got some great jobs at my company.]

Over the past few months, I have offered Jerry Yang, Carol Bartz and Scott Thompson excellent positions here at the studio (still waiting to hear back).

Today, Ross Levinsohn, it is your lucky day.

You have officially landed on your feet, my friend, because Manka Bros. would like to offer you a job.

A really good job, too – pretty much doing whatever you want as long as you don’t try to push any of that digital new media shit on me. That crap is nothing but a fad.

And while I’m at it, I would also like to offer your wife, Nicole, a job as well. She seems qualified and smart (two of the qualities many on the Senior Management Team definitely lack).

Per my offer to Scott Thompson, I would suggest something in the Theatrical or Television group – both are suck up a storm lately and I’ve been looking to replace Robin Rafe and Jay McBee for the past year (off the record).

The only jobs that are NOT available are mine and Lloyd Grohl. Everything else is in play.

Let me know by Thursday. I’m doing a telepresence with the Seychellian press and I’d like to make an announcement.

By the way, it was great to see you at Herb Allen’s Sun Valley Conference.

I could tell you were a winner by the insane amount of vodka you could put away in a short period of time. And you’re right, Vodka of the Gods is just as good as Grey Goose.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

May 4, 2012May 4, 2012

Manka Bros. Would Like To Offer Scott Thompson A Job

It seems that Silicon Valley and Wall Street are going ape shit over the fact that Scott Thompson didn’t really go to college or didn’t get a degree in whatever he said he got one in – or whatever.

At Manka Bros., we could care less about that crap and I would like to offer Scott Thompson a job.

For the record, I, Khan Manka, Jr., didn’t go to college and yet, here I am, Chairman & CEO of the World’s Largest Media Company.

Granted, my father, the asshole Harry Manka, was head of the studio until he died and legally forced me into the job after his death when I would have much rather been concentrating on drugs, girls and my band (the under-appreciated ‘King Khan’).

That said, I’ve been doing it successfully for 36 years and I can barely fucking read.

So, Scott Thompson, it’s time for you to leave those tight-assed judgmental blue-bloods in Silicon Valley and come down to Hollywood where the literacy rate is much lower and we actually go out on dates.

Former heads of Yahoo! have been a great recruiting opportunity for us here at Manka Bros., having previously offered jobs to Carol Bartz and Jerry Yang (still waiting to hear).

The job offer to you is similar – you can pretty much pick any area you want to work (except in New Media or Tech – we have a much higher education standard in place for those jobs).

I would suggest either the Theatrical or Television groups – both are sucking up a storm lately and I’ve been looking to replace Robin Rafe and Jay McBee for the past year (off the record).

The only jobs that are not available are mine and Lloyd Grohl.

Everything else is in play.

Let me know as soon as you are fired – we’d like to get you going here in the next couple of weeks. There is a lot of shit to fix.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

March 12, 2012March 7, 2018

The Death Of A Mogul

Accel Partners, Alan Eustace, Allen & Company retreat, Allen Blue, Ann Mather, Anne Mulcahy, Ari Emanuel, Arvind Rajan, Barry Diller, Ben Silverman, Bob Iger, Bobby Kotick, Bret Taylor, Carol Bartz, CES 2011, Chamath Palihapitiya, Charlie Rose, Chris Hughes, Christopher Cox, Cory Booker, Dan Rose, David Drummond, David Ebersman, David Fischer, David Henke, David Kirkpatrick, David Sze, Deep Nishar, DumbDumb, Dustin Moskovitz, Eduardo Saverin, Electus, Ellen Levy, Elliot Schrage, Emilie Choi, Eric Schmidt, Erika Rottenberg, Erin Burnett, Gerald Levin, Gina Bianchini, Greylock Partners, Harvey Weinstein, HBO, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jean-Bernard Levy, Jean-Luc Vaillant, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, Jill Kennedy, Jim Breyer, Joanna Shields, John Doerr, John Donahue, John Hennessy, Jon Miller, Jonathan Heiliger, Jonathan Rosenberg, Justin Aselage, Katrina Hau, Ken Auletta, Kevin Eyres, Khan Manka, Lachlan Murdoch, Lady Gaga, Leslie Moonves, Li Ka-shing, Lionel Barber, Lloyd Grohl, Lori Goler, Manka Bros., Marc Andreessen, Marissa Mayer, Mark Cuban, Mark Pincus, Mark Zuckerberg, Martin Sorrell, Mathias Dopfner, Matt Cohler, Mike Bloomberg, Mike Gamson, Mike Murphy, Mike Schroepfer, MySpace, Niall FitzGerald, Nicolas Carlson, Nikesh Arora, OnMedea, Owen Van Natta, Patrick Crane, Patrick Pichette, Paul Buchheit, Paul Madera, Paul Otellini, Peter Chernin, Peter Thiel, Phillippe Dauman, Ram Shriram, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rob Wiesenthal, Robby Kwok, Robert L. Johnson, Ron Meyer, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Shirley Tilghman, Shona Brown, Steve Cadigan, Steve Jobs, Steve Patrizi, Steve Sordello, Sumner Redstone, Sun Valley Retreat, Sun Valley Retreat 2010, Ted Ullyot, Terry Semel, Tom Freston, Tom Friedman, Tony DiSanto, Toy Story 3, Ursula Burns, Vivi Nevo, Warren Buffett, Warren Lieberfarb, World's Largest Media Company

Good morning.

On March 7, 1958, my Uncle Simeon died.

The next day, his body was flown back his birthplace (Yambol, Bulgaria) for burial.

My asshole father, Harry, did not attend nor did he talk to Simeon during the last five years of his life.

Uncle Simeon’s story is a tragic Hollywood tale of weakness and insanity.

He died on March 7, 1958 on Hollywood Boulevard wearing only a sandwich board advertisement for “Benny’s World Of Beef.”

I have never heard of Benny’s World Of Beef so obviously he didn’t do a very good job promoting it. Perhaps he wasn’t promoting it at all and simply wore the sign because he had no other clothes.

From what I understand from my father, Simeon went insane around the turn of the 20th century. He would have been 18 at the time. That means he was insane for 58 years.

All I remember is that he used to bang into stuff all the time.

He dubbed Manka Bros.’ films into Bulgarian doing all of the voices himself (it was very small market for us).

He urinated on everything at the studio – marking his territory I suppose.

He would urinate on movie sets, on movie stars, the food in the cafeteria… everything.

He must have constantly been hydrating.

But I digress… this is not a day to piss (excuse the pun) on his grave. This is a day to remember one of the founding brothers of this great company – Manka Bros. Studios – The World’s Largest Media Company.

He was the only Manka brother to be buried in their homeland of Bulgaria.

My other uncle (the great Khan Manka) wanted to be buried next to Napoleon (he wasn’t… Forrest Lawn actually); and my father Harry was buried under his old office (currently my office) here on the Manka Bros. Studio lot (Main Administration Bldg. 2).

So Manka Bros. employees, take a moment to remember your company’s history and then get back to fucking work – we’re having a terrible year!

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

January 17, 2012January 17, 2012

Jerry Yang: Manka Bros. Would Like To Offer You A Job

Good afternoon.

I was just made aware by one of my assistants that Jerry Yang (founder and Chief Yahoo! of Yahoo! – whatever the fuck that means) is leaving the company.

I guess the Board of Directors and the Shareholders finally got their way and successfully shoved him out.

As someone who is constantly being told to leave my own company due to poor performance, I can empathize with Jerry.

My only question is, why didn’t they shove him out after he stupidly refused Microsoft’s $32/share offer to buy Yahoo!?

But no matter – I’m not here to shit on his grave and piss on his legacy. I’m here to offer him a job.

Manka Bros. is the world’s largest media company and can offer a decent salary, dental, medical, life and dismemberment insurance package (God forbid you get dismembered sitting at a desk) that rivals all the other studios in Hollywood (except maybe Disney – you get free Disneyland admission when you work there – that’s a $10,000 value… per trip).

So – Jerry – I know you’re reeling right now and probably worried about where your next paycheck is coming from. But worry no more – your next paycheck is coming from Manka Bros.

You can basically pick which area you would like to work in (except in our online group – your track record is pretty spotty there).

I would be happy to replace any of the suck ass senior executives that are currently running the various divisions. They’re all terrible at their jobs (off the record – no, fuck it – ON the record).

Give me a call at my office at your earliest convenience so we can discuss a start date.

FYI, I will be leaving for the Davos World Economic Forum in a couple of days where I will be giving yet another keynote address – so get back to me before then.

Khan Manka, Jr. – Chairman & CEO (& Chief Yahoo!) – Manka Bros. Studios – The World’s Largest Media Company

September 8, 2011September 8, 2011

Manka Bros. Would Like To Offer Carol Bartz A Job

Good afternoon.

I am back from my house in the Seychelles and ready to go. I trust everyone had a good July and August (with the exception of my great friend Rupert Murdoch) and I pray Manka Bros. can finish strong to help save this cesspool of a year.

(If anyone asks me about my summer or how things are going with Leann Womack, you will be fired.)

On my return to the office (by the way, would it have killed anyone to fucking dust my goddamned desk?), I noticed that the idiots on the Yahoo! Board of Directors (yes, I’m talking to you Vyomesh Joshi!) fired CEO Carol Bartz.

Are they out of their fucking minds?

Before Ms. Bartz came along, Yahoo! was nothing but a second-rate search engine with a decent news and finance area. And now look at them!

Fucking idiots.

I could tell things were bad at Herb Allen’s Sun Valley Retreat this year. She wasn’t pounding whiskey sours the way I know she can. She must have known something was coming.

Well, Ms. Bartz, if I may write at you directly, today is your lucky day.

Manka Bros. – the World’s Largest Media Company – would like to hire you. And you can pretty much pick which area of the studio you would like to run.

Since everyone seems to suck at their jobs lately, I would be more than happy to fire the person you would like to replace.

It would be really sweet to get rid of Jay McBee – but you may not have much of an interest in television.

We offer a competitive salary and benefits package (comparable to all of the other division heads at Manka Bros. – with the exception of COO Lloyd Grohl who, I think, even earns more than I do).

If you accept, be sure and bring that foul mouth with you.

I would love to see you go off on someone who might accidentally park in your parking spot. That would make my day!

So, think about it. Burbank is really nice this time of year.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

P.S. – If things don’t work out and our Board of Directors has to fire you, I can assure you it will be in person and not via text or phone message. The Board gets off on seeing the face of the person being fired.

July 22, 2011July 5, 2022

Leaving For My House In The Seychelles

Allen & Company retreat, Anne Mulcahy, Anne Sweeney, Ari Emanuel, Barry Diller, Ben Silverman, Bob Iger, Bobby Kotick, Carol Bartz, Charlie Rose, Cory Booker, DumbDumb, Electus, Eric Schmidt, Erin Burnett, Gina Bianchini, Harvey Weinstein, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jean-Bernard Levy, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, John Donahue, Ken Auletta, Khan Manka, Lachlan Murdoch, Lady Gaga, Leslie Moonves, Lionel Barber, Lloyd Grohl, Manka Bros., Marc Andreessen, Marissa Mayer, Mark Pincus, Mark Zuckerberg, Martin Sorrell, Mathias Dopfner, MIchelle Caruso-Cabrera, Mike Bloomberg, Niall FitzGerald, Peter Chernin, Phillippe Dauman, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rob Wiesenthal, Robert L. Johnson, Ron Meyer, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Steve Jobs, Sun Valley Retreat, Sun Valley Retreat 2010, Terry Semel, Tom Freston, Tom Friedman, Ursula Burns, Vivi Nevo, Warren Buffett, World's Largest Media Company, Comic-Con, Leann Womack, Captain Stoppo, Lloyd Grohl

Good morning.

This afternoon, I will be leaving for my house in the Seychelles and probably won’t return until after Labor Day.

(Quick reminder: Labor Day is not a Holiday at Manka Bros. – this was my father’s thing for some reason and I will uphold the tradition.)

Manka Bros. is having a terrible year and, like my friend Rupert Murdoch, I put the blame squarely on you, the mid-to-lower level employees.

I’m not sure what else you people expect Senior Management to do. We’ve done all we can. It’s now up to you to pull us out of the shitter!

It’s very simple. Make movies that will be successful and TV shows that people want to watch. That’s it. We’re not asking you to create a new life-form.

I would also like someone to solve the digital transition issue by the time I get back.

Lloyd Grohl will have complete control over the studio while I am gone. If anyone needs to reach me – you can’t. I’ll be in touch with you (but probably not).

The plane will be picking up Leann Womack (I know, it’s back on – don’t ask) in Nashville. After that, my phone will be turned off for six weeks. I may blog, I may not.

Also, as some of you may know, Manka Bros. did not have a presence at Comic-Con this year. I gave a keynote address there last year and realized it’s just a little too ridiculous for someone of my stature.

Along those lines, I have decided NOT to move forward with a Captain Stoppo movie. It appears that comic book movies are dead. FYI, this may affect headcount at MC Comics.

I’ll see you in September. Pray that I have good weather and the sand isn’t too hard on my feet.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

July 18, 2011July 18, 2011

In Defense of Rupert Murdoch

Rupert Murdoch doesn’t have a lot of friends these days.

It seems the only defenders he has are the people he pays to write puff pieces in the newspapers he owns.

As a fellow media mogul, I feel I must defend my good friend Rupert.

It is not easy to build an empire. And it’s certainly not easy to hold one together – just ask Caesar or one of those other Roman guys.

Crushing the opposition can be tiresome. It’s much easier to be passive.

Rupert’s empire is unraveling – an empire that started with him taking over a failed junior high school newspaper in some God forsaken bush town in the Australian Outback (or something) and building it into one of the largest media companies in the world (though Manka Bros. remains #1).

How did he do it? He worked hard, he was fearless, and, yes, he hacked into voice mails. [Manka Bros. legal disclaimer: This last statement should read ‘allegedly’ – we don’t know if he was ‘fearless’.]

I last spoke to Rupert a couple of weeks ago at Herb Allen’s Sun Valley Conference. We participated in the ‘Mogulympics’ together. He was quite impressive in the long jump – though he kept hitting the foul line which kept him out of the medals.

This, I suppose, could be a metaphor for the way he conducts business. Or, he’s just 80 years old and doesn’t really know what the fuck he is doing anymore.

I was lucky. I inherited my media empire from my father and my uncles. I didn’t have to build it from scratch like Rupert or Sumner or my uncles (who sold a donkey to buy a movie camera).

In fact, I haven’t really had to do shit for the past 30 years (though there have been lots of lunches and galas which can get exhausting). The bullying, intimidation, spying and threats on other people’s lives was done by those before me. Because of my large security staff, people know not to fuck with Manka Bros.… so they don’t.

Now I must speak directly to Rupert for a moment:

If you choose to roll over, Rupert, it will be an insult to all of us moguls.

Even if you are guilty and did, in fact, ruin people’s lives, etc. you must continue to deny it and blame others. That’s the mogul way. Honesty is for losers.

And if, God forbid, you find yourself becoming remorseful over what you’ve done (ugh) and have an uncontrollable urge to “do the right thing”, remember the Mogul Credo: “I am a mogul, I am better than all others.” (Copyright 2003 – Bob Iger)

——————————————

Rupert Murdoch is my friend (though he did try to run me out of business in the 1990s and still owes me $100 from a Super Bowl pool he didn’t win… but I digress).

Rupert runs a charity (M.I.L.K) to find lost kittens.

Rupert is an active participant in my monthly book club for moguls.

The embroidered pillow cases Rupert personally made for my daughter’s Bat Mitzvah were incredibly beautiful.

It just kills me that he is going through all this ‘hacking’ unpleasantness.

Don’t people realize that every time you log onto Facebook, or buy a movie ticket, milk, gas, etc., those companies get all of your personal information going back to the sonogram when you were in the womb?

Anyone who reads this blog might as well hand over the deed to their house. We know the movies you went to this weekend, the TV shows you watched… the food you ate. Hey Jenny B. in Tuscon, how did you enjoy “Harry Potter”? And did you like Papa John’s new stuffed crust pizza? We noticed you had three pieces – it must have been good!

So, people of the world, don’t get all schadenfreude-ish with Rupert and hope that his empire comes crashing down. All moguls do what he’s doing and will continue to long after he’s gone (either death or jail).

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company

May 24, 2011June 11, 2015

Rupert Murdoch’s Special Charity

Rupert Murdoch hosted a charity benefit over the weekend in his North Hollywood apartment.

I was expecting a man of his wealth and power to have a nicer place in Los Angeles. He said keeping his living expenses down is the only reason he has stayed in business during the worst economy since the Dutch Tulip Bubble Burst in 1637.

We all agreed the Dutch Tulip Bubble Burst in 1637 was indeed a bleak time.

Rupert almost came to blows with Sumner Redstone after making a crack that Sumner had witnessed it first hand.

It’s fine to live in a crappy one bedroom apartment in the middle of one of the most crime-ridden, seedy neighborhoods in L.A. – but the cement block and plywood bookshelves were just too much to believe.

But we weren’t there for furniture, we were there for charity – and that was the important thing.

For many years, Rupert has been involved in the charity Moguls Find Lost Kittens (or M.I.L.K.). He started it after his son, Lachlan, lost his kitten, Joey, when he was 17 years old and wouldn’t stop crying, screaming and sucking his thumb.

Rupert vowed to find Joey and launched a charity in the process called Murdoch Finds Lost Kittens (also M.I.L.K.). (It was changed to “Moguls” after Jeffrey Immelt and Sumner Redstone heard about it and also wanted to get involved. Legend has it they both had traumatic childhoods that involved lost kittens.)

The party was okay. The food not bad. I didn’t realize it was BYOB so I had to bum a couple of beers from Sheryl Crow, who was the evening’s entertainment. There wasn’t room in the apartment for her band – so she just did a few songs on acoustic guitar.

After we all had some Doritos and cubes of cheddar cheese, Rupert stood in front of the crammed gathering in his living room. Most were sitting on the floor or the window sill. I got the couch because I had to put my foot up due to a flare up of my injured ankle.

Rupert waited for silence. Bob Iger was getting pretty drunk on the two bottles of 1997 Opus One that he brought [he didn’t share] and wouldn’t stop yakking about the Pirates of the Caribbean international box office. Okay, okay – it was good – shut the F up! You don’t hear me bragging about Manka Bros.’ successes.

When it was quiet, Sheryl Crow started to play softly on the guitar and Rupert held up a picture of a kitten: “This is Joey. In 1988, my son, Lachlan, lost this kitten and nearly committed suicide. I vowed on that day to find all the lost kittens of the world. It is a monumental task. A far bigger task than building a media empire. Everyone in this room knows how to do that. But we don’t know how to find all the lost kittens. Will you join me in this effort?”

Terry Semel and LinkedIn CEO Jeff Weiner were completely overcome with emotion and inconsolable.

In fact, we were all visibly moved. And we all got out our checkbooks.

Rupert Murdoch is a great friend. And a great man.

Khan Manka, Jr. – Chairman & CEO – Manka Bros. Studios – The World’s Largest Media Company