IAC – Page 3 – OnMedea

February 22, 2010April 6, 2011

UPDATE: Jeff Zucker Still Has A Job

The Billion Dollar Question is – WHY?

If I were to talk directly to Jeff Zucker’s current boss (Jeffrey Immelt) and future boss (Brian Roberts), I would quote my new hero, Dutch speed skater Sven Kramer, and say “Are you stoopid?”

Even if we all could forget about the recent mistakes that have been made under Jeff Zucker’s watch…

Lowest rated network
Jay/Conan debacle
Hiring Ben Silverman for… anything
The absolutely horrendous Olympic coverage which not only sucks but will LOSE millions of dollars. (The latest horrible decision was to air the TAPE-DELAYED 2-man Bobsled coverage on NBC over one of the best LIVE Olympic hockey games in years – USA vs. Canada. I’m sure JZ would say it was a brilliant move on his part to force people to find MSNBC on their televisions.)

… at this point, it’s a matter of credibility. And he has none.

Imagine Jeff Zucker standing in front of a group of Wall Street investor analysts with his PowerPoint slides and telling them “This is the future of television…” “This is the direction Comcast/NBC needs to go…” “Here are my ideas on how to turn things around…” etc.

Seriously, who the hell would believe he has the answers? And why does he even get the chance to give the answers. NBC was once great. All the missteps really started to snowball AFTER he become Chairman & CEO. He is into his fourth year and has thus far proven nothing to nobody.

Basta. Enough.

However, in an effort to make my entries a little more positive, I’m going to attempt to end them all on an upbeat note. So… that said… I do like the bulky ski resort sweaters Jeff Zucker has been wearing as he talks up NBC’s suck ass Olympic coverage on CNBC.

Jill Kennedy – OnMedea

February 10, 2010April 6, 2011

Is Barry Diller Getting Tired?

From where I sit at my breakfast nook in La Canada, California, 3,000 miles from IAC’s headquarters in New York, Barry Diller seems to be getting tired of it all.

Yesterday, when I listened to IAC’s earnings call, I got the sense that Mr. Diller could care less about what he’s doing these days. His answers were short and he seemed generally distracted and uninterested.

When IAC was formed a few years ago, it was all very exciting. A promising collection of digital assets that would destroy old media. Mr. Diller was on the cutting-edge of this brave new media world, leaving his dinosaur studio pals in the dust with their “movies” and “television shows”.

But it hasn’t quite worked out that way.

Mr. Diller has been a true visionary throughout his career and now it’s sort of sad to see him relegated to Q&A about the slowing growth at Match.com; the boring future potential of local search; and Ben Silverman’s new company.

All this while old media is staging a huge comeback and grabbing all the headlines: “‘Avatar’ breaks worldwide box office record.” “Super Bowl XLIV is the most-watched television event ever.”

All this makes me think: Is Barry Diller tired of it? Is this really the future he imagined in 1991 after driving across the country with his Apple Powerbook? Dating websites and CollegeHumor?

Who knows? Maybe he really enjoys talking business with Ricky Van Veen.

In my opinion, it’s time for Mr. Diller to jump in the car with an Apple iPad and drive across the country again.

Jill Kennedy – OnMedea

February 2, 2010April 12, 2011

Ben Hur Silverman

Ben Silverman is making this way too easy.

IAC has released the logo for Ben Silverman’s world-changing, earth-shattering, ground-breaking new venture – Electus.

In my opinion, it is the perfect logo for the company. Everything you need to know about Electus and its future success is represented in the design of that logo.

Accompanying the logo (on the IAC website – Electus.com is… still to come) is a new description of the company. (Could we be getting close to launch?): “Led by founder Ben Silverman, Electus is a next generation studio enabling premium content creators to engage with advertising and technology partners at the inception of the creative process and partner on the finished product across a global and multi-platform distribution model.

“Electus is defining an innovative advertising component, which will challenge the traditional entertainment silos, allowing content creators and branding partners to develop premium programs and reach audiences like never before. The content will be distributed globally through the Electus international distribution arm as well as across a multitude of analog and digital platforms.”

Because nothing says “Next Generation” like a logo with A HORSE AND BUGGY ON IT!

Jill Kennedy – OnMedea

P.S. – Ben Silverman is the upcoming keynote speaker at MIPTV this year. Because he is busy changing the world, I have taken the liberty of penning his speech for him.

January 19, 2010April 8, 2011

Jay Leno and NBC: Damage Control Begins

OK. So Conan is gone. Jay is back at 11:35. What’s next? Damage control.

Over the next few weeks, we can expect to see NBC Universal’s ‘A Team’ of publicists begin the seemingly impossible task of resuscitating the images of Jay Leno, The Tonight Show and NBC.

The Winter Olympics couldn’t have come at a better time to provide a necessary distraction – and it allows NBC Universal’s corporate publicists an extra two weeks to rebuild NBC’s shattered image.

So, here’s what needs to be done:

Step 1: Jeff Zucker must be fired. Regardless of what really happened behind the scenes, his name is synonymous with the total failure of NBC and it is perceived by the public that he is the main reason the Conan/Jay issue became such a mess. The fact that he actually believed the best way to handle the situation was to attack Conan O’Brien illustrates his complete inability to manage a crisis.

This is not someone that Comcast needs at the top of the new company to be formed and it’s, frankly, not someone that anyone needs (unless he wants to go join his buddy Ben Silverman in his soon-to-be failed company – Electus). That would be fine with me.

Step 2: Provide tons of food aid to Haitian earthquake victims (with the optional The Tonight Show With Jay Leno branding on each bag). It’s hard for late night comedians to make fun of someone who is providing real help to people in desperate need.

Step 3: Develop really good / meaningful shows and stick with them even if the ratings aren’t there. While this may result in lower profits in the short-term, NBC needs to convince viewers that they are capable of producing quality entertainment and don’t just make crappy shows about who can lose the most weight.

That’s it. Jay will go back on at 11:35 and will most likely become #1 again in a month or so. Major stars will not boycott Jay because the late night shows are vital to the promotion of their upcoming films and television series.

Sure, right now everyone is on Conan’s side but once Tom Hanks and Julia Roberts have films to promote, they’ll be right there back on Jay’s couch. Without a doubt.

If these steps are taken, NBC should be in a pretty good position when they announce their fall 2010 shows at the May upfronts.

However, if Step 1 is ignored – all bets are off.

Jill Kennedy – OnMedea

January 8, 2010June 22, 2011

Ben Silverman’s DumbDumb Deal

$100 million start up fund, Adam Fogelson, Angela Bromstad, Ari Emanuel, Barry Diller, Ben Silverman, Chase the Money, Chopped, City Lights TV, CollegeHumor, Dance, Dave Noll, Don't Sweat It, Donna Langley, Doritos, DumbDumb, Electus, Fortune's 40 under 40, Funny or Die, IAC, Jason Bateman, Jay Leno, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jill Kennedy, John Ferriter, Khan Manka, Love Taxi, Manka Bros., media analyst, NBC Universal, Nikki Finke, Notional, On Medea, OnMedea, OnMedea's Top 40 Failures Under 40, Paul Telegdy, Ready, Rick Finkelstein, Ricky Van Veen, Ryan Seacrest, Set, Sharon Waxman, Tara Swisher, Terry Semel, The Biggest Loser, the Jay Leno Show, The Restaurant, The Tonight Show, thewrap.com, twitter, Will Arnett, Will Ferrell, William Faulkner, You vs. America

Yes, this deal is as DumbDumb as you can get.

How to build a successful startup: Step #1 – Use Barry Diller’s money to fund a vanity production label with a friend from high school.

Yes, Jason Bateman and Will Arnett (in particular) are talented guys but anyone who thinks they will spend any real time on this venture is out of their minds.

Sure, we’ll get the standard Will Ferrell-type Funny of Die videos of Bateman and Arnett walking around with a steady-cam eating Doritos and improvising about how easy this internet stuff is – but will anything of value come out of DumbDumb?

Ben Silverman knows the answer to this and laughs at how DumbDumb some people must be.

I would imagine Barry Diller also knows the answer. Unfortunately, he’s the ultimate DumbDumb in this equation for funding Electus in the first place.

But for now… it’s all just so exciting. I know I’m just a cockeyed optimist, but I just can’t wait for Ben to change the world again. And I’m super glad that they took the time out of the arduous process of building the successful DumbDumb business model to appear in Las Vegas for the announcement (along with the awesomely hilarious Notional CEO Lord Ricky Van Veen).

I just hope it’s not the same business model that Ben Silverman developed for Electus: Spend $100 million on the development (but not the execution) of digital content and when that money is gone – launch another start-up with another sugar daddy.

Jill Kennedy – OnMedea

January 7, 2010April 19, 2011

The Jay Leno Show – R.I.P.

ABC, Angela Bromstad, Ari Emanuel, Barry Diller, Ben Silverman, Beverly Hills Hotel, CBS, CSI: NY, Dawn Ostroff, Deadline Hollywood, Dick Wolf, Eastwick, ER, Gossip Girl, Jay Leno, Jay Leno has Failed, Jay Leno ratings, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jill Kennedy, John Ferriter, Julianna Margulies, Kate Gosselin, Khan Manka, Law & Order, Manka Bros., Nikki Finke, Octomom, OnMedea, Paul Telegdy, Peter Roth, Producers Caucus Panel, Sharon Waxman, Stop all the clocks..., Terry Semel, The CW, thewrap.com, W.H. Auden, Warner Bros., William Morris Endeavor

Stop all the clocks, cut off the telephone,
Prevent the dog from barking with a juicy bone,
Silence the pianos and with muffled drum
Bring out the coffin, let the mourners come.

Let aeroplanes circle moaning overhead
Scribbling on the sky the message The Jay Leno Show is Dead,
Put crepe bows round the white necks of the public doves,
Let the traffic policemen wear black cotton gloves.

Jay at 10pm was my North, my South, my East and West,
My working week and my Sunday rest,
My noon, my midnight, my talk, my song;
I thought that show would last forever: I was wrong.

The stars are not wanted now: put out every one;
Pack up the moon and dismantle the sun;
Pour away the ocean and sweep up the wood.
For nothing now can ever come to any good.

W.H. Auden

——————————————————————–
Yes, Ben Silverman and Jeff Zucker really changed the future of television. Actually, no… they didn’t. They didn’t at all.

After all the bravado and presentations.. all the parties and press conferences with claims of blowing up business models and television never being the same… what do we have left? Jay Leno on The Tonight Show at 11:30 and scripted dramas at 10pm.

It’s now up to Ben Silverman’s Electus to change the world. Come on, Ben, you can do it – put down the blonde and get to work.

Jill Kennedy – OnMedea

November 19, 2009April 21, 2011

Notional – R.I.P.

The revolution is over… and what a crappy revolution it was.

Notional – the only company to ever come up with the idea for a dating show in a taxi; a competitive cooking show; a home makeover show; as well as several shitty internet game shows in development including “Ready, Set, Dance”, “You vs. America” and “Chase the Money” – is dead.

Yes, I realize Notional hasn’t got up on its feet yet – but, based on the announcement of the “slate” today, Notional IS creatively dead. Physically, they’re still on life support and won’t be dead until 2011 or so (thus the tombstone – thanks, R).

Oh, well. I guess we’ll just have to wait and see what content visionary (and current Notional CEO) Ricky Van Veen will think up next. Hopefully something that will have the same forward-thinking press release that mentions words like “revolutionary” and “ground-breaking.”

I must apologize to Barry Diller and all IAC shareholders for killing off his two latest content creation ventures before they really got started – (I killed Ben Silverman’s cure for what has been a cancer of bad content and business models on the internet, Electus, a couple of weeks ago… also before the launch) – but it had to be done.

Come on, Ricky, freakin’ internet game shows? Who gives a shit? You were so clever until you started spending Barry Diller’s money. What does he get for making you rich? You… trying to make him poor.

The only show you could produce that could possibly work is you and your new best friend Ben Silverman going out every night and partying your brains out then putting your escapades up on the internet for everyone to see. You could actually erect the elusive paywall on that one. Just imagine it… you, Ben and hot chicks in bars… X-rated.

THAT is programming only you guys can do in just the right pathetic way. And THAT is your only competitive advantage.

Jill Kennedy – OnMedea

October 27, 2009April 25, 2011

Electus – R.I.P.

I realize that Electus – the earth-shattering, ground-breaking, cutting-edge new business from Ben Silverman and Barry Diller’s IAC/ InterActiveCorp hasn’t launched, but I have recently climbed aboard Khan Manka, Jr.’s Time Machine and gone into the not-too-distant future to retrieve the press release announcing (sadly) the company’s closure. Sorry, Ben.

———————————————–
From the Associated Press (July 2011):

Electus, the $100 million start-up from media wunderkind Ben Silverman has decided to close its doors effective immediately after only 18 months in business. 875 staffers (mostly low-level hot chicks in their 20s who ran errands and stuff) were expected to lose their jobs. The highly-touted venture only managed to produce one original internet series – a show about bed-hopping young flight attendants based at O’Hare International Airport called “The Hub”.

Electus, announced by Mr. Silverman with much fanfare in July 2009 (after a completely disastrous run as Co-Chairman of NBC Entertainment), was supposed to change the entertainment landscape with the unoriginal idea of marrying advertising, content and distribution in a new media world.

Mr. Silverman was unavailable for comment but released a statement through his representatives: “I am proud of my accomplishments at Electus. Even though $100 million doesn’t go as far as it used to, I still changed the world! No one has even come close to doing what I did because nobody had the balls. What a ride! Maybe people just aren’t ready for forward-thinking.”

Mr. Diller was available for comment and simply said about Silverman: “Fuck that guy.”

But don’t worry about Ben. He has landed on his feet and will continue his Quixotic quest to monetize online content from his penthouse suite at The Palms Hotel in Vegas. Goldman Sachs
has committed $500 million to fund his new, as yet, unnamed venture.
———————————————————————————————————-

Oh, yeah, one other thing I learned from the future: The Jay Leno Show was canceled in 2010 and called one of the greatest failures in the history of television. Sorry, Ben.

Jill Kennedy – OnMedea

October 22, 2009April 25, 2011

Ben Silverman – Fortune’s 40 Under 40?!

$100 million start up fund, Adam Fogelson, Angela Bromstad, Ari Emanuel, Barry Diller, Ben Silverman, Donna Langley, Fortune's 40 under 40, IAC, Jay Leno, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jill Kennedy, John Ferriter, Khan Manka, Manka Bros., media analyst, NBC Universal, Nikki Finke, On Medea, OnMedea, OnMedea's Top 40 Failures Under 40, Paul Telegdy, Rick Finkelstein, Ryan Seacrest, Sharon Waxman, Tara Swisher, Terry Semel, The Biggest Loser, the Jay Leno Show, The Restaurant, The Tonight Show, thewrap.com, twitter, William Faulkner

Seriously, Fortune? Are you fucking kidding me? What, will you sell 15 more magazines with him on the list? Couldn’t come up with that 40th name?

What about Jeff Weiner – he’s under 40 and was named CEO of LinkedIn. That’s a pretty big job and the site actually makes money and is relevant.

Ben Silverman is irrelevant. Everyone needs to please stop with the ‘Ben Silverman is great’ shit.

If (and this is about the biggest fucking ‘if’ I’ve ever written) Barry Diller and Ben Silverman put together a company that changes the media landscape and makes the world a better place, put him on your list next year. Oh, yeah, he won’t be UNDER 40 next year. Sorry, Ben.

Well, OnMedea is putting together our own list: ONMEDEA’S TOP 40 FAILURES UNDER 40 and Ben Silverman is in the running for the top of that list.

Check back here next week for all the exciting details.

Jill Kennedy – OnMedea

October 20, 2009January 7, 2014

Ayn Rand Was NOT A Conservative

There was a story posted on The Daily Beast by Rebecca Dana titled AYN RAND POWER DRESSING in which she writes:

“Ayn Rand–author of The Fountainhead and Atlas Shrugged, mother of Objectivism, and the conservative movement’s most rapacious cougar–leapt back into popular culture this year as the hero of the Obama-hating far-right.

But it’s not just Glenn Beck and his minions who are drawing inspiration from the writer, who died in 1982. This fall, the dowdy Russian émigré is en vogue with a whole different set: the free-wheeling, Obama-loving, arugula-eating fashion world.”

Now, I do not follow the antics of Glenn Beck (though I may follow a few of “his minions” depending who they are) and I realize that Rebecca Dana did not actually call Ayn Rand a Conservative (just “the movement’s most rapacious cougar”)… but I just need to put down for the record that she was a staunch anti-Conservative and actually speaks with an almost hatred of them in this extensive audio interview (about 3:30 into the interview she states “I am not a Conservative nor is Objectivism a Conservative philosophy.”):

http://www.aynrand.org/site/PageServer?pagename=reg_ar_cvo

For readers of Ms. Dana’s blog who may not actually research her statements, I fear they would form a completely wrong opinion of Ayn Rand – especially by carelessly linking Ms. Rand to Glenn Beck. (Having done a little quick research on Mr. Beck, I will refrain from opining on him as I do not want to draw the bloodthirsty freaks in his audience into this discussion.)

Jill Kennedy – OnMedea