John Ferriter – Page 5

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 8, 2009April 26, 2011

Southland Canceled – Ben Silverman Strikes Again

From the executive grave, Ben Silverman has struck again. Southland, the once promising (for one episode) gritty cop show has been canceled (before its season premiere!).

Another day – another failed show. NBC is in big trouble. Mercy, Trauma, Heroes – all cancellations to come.

NBC had better start super-sizing episodes of The Office ASAP.

Also, maybe think about putting together a few hours of The Biggest Loser Outtakes. Are there any extra Law & Orders laying around? Somebody should get Dick Wolf on the phone. That might work for a week or two.

Hey, America’s (Still) Got Talent – get the cameras rolling! Or just show re-runs of Susan Boyle from Britain’s Got Talent. How about that sand artist from Ukraine’s Got Talent? Something is bound to work. Right?

Thank God The Jay Leno Show only needs a 1.5 rating to make $300 million!

This has been an extremely challenging year for NBC so far – and it’s only October 8th.

Jill Kennedy – OnMedea

October 5, 2009April 26, 2011

Ben Silverman’s New Company?

OK, Ben.

It’s been nearly three months since you announced you were leaving NBC to start a new company that will “capitalize on the ever-evolving world of multimedia production and distribution.” We’re still waiting.

Who knows? Maybe you actually did stay at NBC to help launch the new season (or whatever) like you claimed you were going to do.

If you stayed, most likely you left the morning after The Jay Leno Show premiered so that you could tell people that it was a hit while you were there.

[Note: Latest ratings for The Jay Leno Show (10/5/09): 2.9/5 – but, according to John Ferriter, it only needs a 1.5 to make NBC Universal $300 million!]

I know it must be difficult to be a cutting-edge wunderkind and I’m not trying to rush you – but it’s time to announce your new venture.

I’m sure Barry Diller can’t wait to hear about it either. He’s got $100 million riding on your genius.

Don’t worry, Ben – Vegas will still be there after you launch your company. And… don’t forget… hot chicks dig launch parties.

Jill Kennedy – OnMedea

October 1, 2009April 28, 2011

The Jay Leno Show Has Failed

Based on last night’s overnight ratings (September 30, 2009: 4.1/7), the above headline is what nearly every television production executive is screaming down the halls today (with the exception of those at NBC Universal. They’re probably screaming something like… Will Comcast contribute to my 401K? What happens to our stock options?, etc.).

Now, a 4.1/7 is a grand slam on The CW. If every show on The CW got a 4.1/7, Dawn Ostroff (President) would be carried around on one of those Cleopatra-type chairs. However, this is NBC and this is Jay Leno. We’ve heard from stories past (lies in my opinion), that Jay only needs to “get a 1.5 rating (A18-49) to make $300 million a year for NBC”. So a 4.1/7 is comfortably in that range – but still pathetic based on pre-season expectations.

However, there is a way that NBC can save face in the middle of this debacle. They don’t even need to cancel The Jay Leno Show (why would you when you’re making that kind of bank? I’m sure Comcast will do a complete audit in due-diligence – so one day we’ll know for sure).

Here’s what you do, NBC: BUY BILLBOARDS strategically-positioned around every major television production facility (as demonstrated below). Every week, update the profit number of The Jay Leno Show and then put a tag at the bottom that reads something like: “Hey TV Execs, how are your fall shows doing? Throwing Off Any Cash?”

This would bring home the fact that The Jay Leno Show HAS NOT FAILED. It might just stop this town from obsessing over ratings and fucking market share. Ask The Food Network about their profits? I think they’ll tell you they’re doing just fine. And when was the last time they got even a 1.0/3 share? It means nothing.

But, NBC, you have lost the PR war and it’s time to fight back. Forget trying to put TV stars from other networks on with Jay. Jay is about movie stars and pop icons. Fuck Julianna Margulies, Jay. You don’t need her or her TV friends and complaining in the media about it makes you look like a pussy (even more so).

Jill Kennedy – OnMedea

P.S. – I have nothing against Julianna Margulies. Big fan. She’s just F-ed by example.

September 23, 2009April 29, 2011

John Ferriter and The Jay Leno Show

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So, earlier today, I said that Leno’s 4.5/8 share was a disaster for NBC and they should start to think about living in a post-Leno world.

But I was just made aware of a statement by John Ferriter (head of WME’s Non-Scripted Department) at the Producers Caucus Panel that all Jay Leno needed to get was a 1.5 share (A18-49) in order to make NBC $300 million.

WHAT THE FUCK?!

Now by “make” I don’t know if he means revenue (which doesn’t make it a crazy statement) or profit (which makes it a crazy statement). Either way – it’s bullshit and I don’t believe it.

If this was true, why wouldn’t every network do it? Why wouldn’t Jeff Zucker be screaming it from the rooftops to Wall Street? Gossip Girl gets a 1.5 rating and The CW doesn’t make shit. I know… I know… it’s not apples-to-apples – but it’s still bullshit.

I started to wonder why John Ferriter would take such a bold stand and why does he really care? Then I found the above picture of Mr. Ferriter with my old friend Ben Silverman in Vegas and it all made sense.

Seems to me Mr. Ferriter is just defending his friends’ crazy business model. Ben has dated quite a few crazy business models in the past – but none so bold and insane as the one that makes $300 million for 1.5 rating. Now that’s one hot model!

Why would NBC let such a genius get away?

So, according to my math, a 4.5/8 share should “make” NBC around $900 million.

Jesus Christ! The Broadcast Network business is a great business!

Jill Kennedy – OnMedea