Jr. – Page 2 – OnMedea

September 1, 2011December 12, 2011

Facebook Must Be Stopped

1000Memories, Accel Partners, Amish Jani, Andrew Hyde, Andrew Mason, Andy Sack, Ashton Kutcher, Aydin Senkut, Ben Silverman, Bin 38, Bob Davis, Bob Iger, Brad Feld, Brian Kempner, Chris Hughes, Christopher Steiner, Dan Nova, Daniel Gaisin, Danielle Hootnick, Dave McClure, David Brown, David Cohen, David Kirkpatrick, Demi Moore, Demo Day, Diego Gutierrez, Dustin Moskovitz, Edmond Yue, Eduardo Saverin, Emmett Shear, Eric Lefkofsky, Fergal Mullen, FirstMark Capital, Founders At Work, Francis Duong, Gaurav Tewari, Gerald Levin, Gerald Poch, Greg McAdoo, Greylock Partners, Harjeet Taggar, HBO, Highland Capital Partners, Irena Goldenberg, Jared Polis, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jessica Livingston, Jessica Mah, Jill Kennedy, Joanna Shields, John Hsin, John Palfrey, Jon Miller, Jr., Justin Kan, Justin.tv, Khan Manka, Larry Wilson, Laurence Albukerk, Lawrence Lenihan, Li Ka-shing, Loopt, Manish Patel, Manka Bros., Mark Cuban, Mark Zuckerberg, Matt Cohler, Matt Nichols, Michael Arrington, Michael Gaiss, MySpace, Nick Marsh, Nicolas Carlson, OnMedea, Owen Van Natta, Paul Buchheit, Paul Cianciolo, Paul Graham, Peter Bell, Peter Thiel, Reddit, Richard de Silva, Richard Heitzman, Rick Heitzmann, Robert Morris, Ron Conway, Rudy Adler, Rupert Murdoch, Sand Hill Road, Scott Shane, Scott Switzer, Sequoia Capital, Sergey Nazarov, Shabbir Dahod, Shawn Broderick, Sheryl Sandberg, Sterling Phillips, Sumner Redstone, Tapzilla, TechCrunch, TechStars, TextPayMe, Toy Story 3, Trevor Blackwell, Y Combinator, google, Eric Schmidt, Tina Brown, The Daily Beast, Barry Diller, Dan Lyons, Google Smear campaign, Burson-Marsteller, Chris Soghoian, Jim Goldman, John Mercurio, Mark Pincus, Zynga, Spotify

There is an evil temptation that far too many companies are having trouble resisting – the temptation to launch a new product or service on Facebook.

Every month, when the number of Facebook users seem to go up by 100 million or so – to a current tally of 750 million (let’s be serious, about half are most likely fictional or animals), the CEOs of most entertainment and technology companies get the crazy urge to somehow “tap into that customer base.”

This crazy urge must be resisted. Why? So Facebook is destroyed and the people of the world can go on to a much more interesting existence.

In my opinion, doing business with Facebook is the equivalent of doing business with China. Companies feel they need break into the Chinese market because there is FREAKING 1.3 BILLION PEOPLE THERE! “If we just get 0.0001% we’ll be successful. It’s a no brainer!”

And nearly every company goes there with their hat in their hand – giving every insane concession imaginable just to get in the door – and, eventually, come home with a giant footprint on their ass.

Reminder: The Chinese government can do whatever they want. The deal signed means nothing. If they don’t like your attitude or your product or just feel you’re getting a little “too friendly”, they’ll cut you off and send you home a miserable failure. And it doesn’t matter how many cartons of cigarettes or bottles of Slivovitz you give local officials. When it’s over, it’s over.

This is also true of Facebook.

I firmly believe Facebook could absolutely destroy Zynga (and numerous other companies) overnight. They have that power.

Granted, there is too much money at stake with Zynga’s upcoming IPO, so they probably won’t exert that power. But do you think the Zynga executives are going to do anything to antagonize Facebook… ever? Mark Zuckerberg knows the power he has over Mark Pincus.

That is another reason why Facebook must be stopped. Too many people are believing the hype and are afraid of being left behind.

Every day, Facebook dominates technology news. Press release after press release announces Facebook’s new initiatives and services. Their PR department sends out a press release, websites rewrite them slightly and, pow, you have technology news with a narrative controlled by… Facebook.

This week came a “leak” that they will be going into the Music business by blending streaming services such as Spotify, rdio and MOG into the Facebook user experience.

After all, why should anyone have to leave Facebook to listen to music? Why should anyone have to leave Facebook ever?

(I am working on a product that integrates Facebook into my morning shower. There must be a way to combine my Facebook news feed with the water from the shower head so my friend’s status updates directly enter my pores and absorb into my brain. But I digress….)

Spotify is a great service. They don’t need Facebook. People on Facebook don’t complain about having to toggle away from Facebook in order to go onto Spotify. It ain’t broke, don’t fix it!

Spotify and other media companies need to resist the temptation of the 750 million non-paying users (which includes millions of dogs and cats who don’t really care what songs they listen to).

And look at this growth chart (left). 7.3 billion users in 2015 vs. only 7.2 billion people alive on the planet!

Major media companies (including my parent company Manka Bros. Studios) need to realize that Facebook needs them more than they need Facebook. (Manka Bros. is actually working on a ‘Facebook Killer’ – Caligula – to launch later this year but I fear it will be more of the same.)

Content is the driver of everything in media. Put a great movie on a crappy 13 inch black & white TV and it’s still a great movie and people will watch it. Put a shitty movie on a 110″ inch HD television screen with Dolby SurroundSound, movie lighting and a cocktail, and it’s still a shitty movie that no one will watch.

Facebook needs to realize that the only reason they are popular is because we all have this urge to see what our friends from high school and college look like now. That’s it really. It’s not to watch “The Dark Knight” for 30 Facebook Credits or buy pigs on “Farmville” (millions do it, I know, and why not? – it’s right there in front of us and we’re freakin’ bored with our lives).

But I think it’s time to break away and see what else is out there in the world.

Jill Kennedy – OnMedea

August 5, 2011August 5, 2011

Wall Street Reminder: Nobody Knows Anything

OK – so the U.S. got downgraded by S&P (AA+) for the first time in its history. Whatever. It’s all just a game anyway.

Most talking heads throughout the weekend will say Monday will be a bloodbath on Wall Street and that many investors will be clamoring to yank out their cash.

But I must remind anyone who has money in the market (me!), out of the market and all those on the fence that “nobody knows anything.”

This phrase, coined by William Goldman in “Adventures In The Screen Trade” (worth a read even for non-screenwriters), is absolutely true in almost all industries and in almost all cases where someone is trying to predict the future.

In the movie business, the phrase was basically referring to the major studios’ inability to know what movies would work at the box office and what movies would fail. As it turns out, with all the historical data at our fingertips… nobody knows anything.

And the same goes for Wall Street:

Meredith Whitney, hotsy-totsy Queen of the Double-Dip, has no clue where the markets are going (though she seems to be praying for a downturn – probably more out of concern for her reputation than for the country).

That whack job Ray Dalio – founder of Bridgewater Associates (subject of a brilliant piece by John Cassidy in the New Yorker) – has no clue where the markets are going (though, to be fair, the whack job has been more successful than most in guessing lately).

The government, your parents, your children, Warren Buffett, CNBC, Fox News, Bloomberg, TechCrunch, your friends on social networks – nobody knows anything.

If they did, then Wednesday night I would have received a text or seen a tweet or a Facebook status update that said “The Dow will fall 512 points tomorrow – you may want to make a couple of portfolio moves.”

I didn’t get that message from any of those people who “know so much”. Just like I won’t get any correct message this weekend about what will happen on Monday. Because nobody knows anything about what will happen on Monday!

So this weekend, as we all think about our personal finances, don’t make knee-jerk decisions based on something someone says on television or an internet blog.

This may sound overly simplistic, but just go with your gut and calm the freak down. There are a lot great healthy American companies out there and they deserve your confidence.

But, then again, I don’t know anything either – and I certainly don’t know how “Rise of the Planet of the Apes” is going to perform this weekend – perhaps $35 million, perhaps $65 million. It’s a crap shoot.

Jill Kennedy – OnMedea

August 3, 2011December 2, 2011

OnMedea Raises $50 At A $1 Billion Valuation

I did it!

So, my mom sent me a check for $50 because she wanted to buy a piece of my growing media empire. (The growing part is a yet-to-launch blog on the insane nightlife of La Canada, CA called “La Canada Nights”.)

I told my mom her share of the company would be based on a $1 billion valuation (as it seems that’s the only valuation there is for a company these days).

For that $50 she will own 0.00000005% of the company. As part of my deal with Manka Bros., I own 50% of OnMedea (valued at $500 million), Manka Bros. owns another 20%($200 million) and Khan Manka, Jr. owns the remaining 30% ($300 million). My mom’s share will come out of my piece.

While some would say this is an outrageously high valuation and a sign that we are truly in a bubble – it’s really no more ridiculous than Airbnb, LinkedIn, Zynga, Groupon, Facebook or (fill in Y Combinator’s next spin-off here).

You could argue – hey, your annual revenues are in the low four figures, Zynga makes hundreds of millions (mid nine figures).

Point taken.

But here’s my point: A pumped up valuation is exactly that.

The key question for the entire financial ecosystem of Silicon Valley is, why do you do it? Answer: Because you can’t stop yourselves.

A fair valuation is not even on your radar because greed and jealousy take over. ‘That guy over there is 21 and got $200 million, I’m 25 and I’m only getting $100 million? F that!’

Why is everyone so desperate to reach THE BIG $B? Is just because of that one line of dialogue in “The Social Network”? Goddamn that is shallow… oh, yeah, right… I forgot who I am writing about.

Seriously, what’s wrong with a $350 million FAIR valuation and then show the world that you can grow and be worth more? Or a $50 million FAIR valuation? This obsession with “BILLION” is going to bring the entire system crashing down in the next year or so.

Bullshit is bullshit is bullshit…

But I digress… today, yippee-ki-yay, OnMedea is worth $1 billion dollars!

Suck on it.

Jill Kennedy – OnMedea

July 21, 2011July 21, 2011

Don’t Blame Superman

Adam Fogelson, Alan Spoon, Alexander von Furstenberg, Amanda Seyfried, Andrew Chang, Angela Bromstad, Anil Ambani, Ann Daly, Anne Globe, Ari Emanuel, Arthur Martinez, Barry Diller, Beastly, Ben Silverman, Bob Iger, Brad Grey, Brian Roberts, Brothers Grimm, Bryan Lourd, Chase Carey, Clark Hallren, Comic-Con, Craig Ring, Craig Smith, Dan Satterthwaite, David Geffen, David Rosenblatt, Donald R. Keough, Donna Langley, Dreamworks Animation, Edgard Bronfman, Electus, Ezra Kucharz, fairy tale movies, Gemma Arterton, Graham Stanton, Greg Blatt, Greg Morrow, Greg Stevens, Gregg Winiarski, Guillermo Del Toro, Hans Woolley, Hansel & Gretel Witch Hunters, Harry Brittenham, Harry Sloan, Heather O'Conner, Hey Diddle Diddle, Holly Bario, Jack the Giant Killer, Jason Stewart, Jay Herratti, Jeff Sagansky, Jeff Small, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jeffrey Katzenberg, Jeremy Renner, Jill Kennedy, Joanne Hawkins, Joey Levin, John Batter, John C. Malone, John Ferriter, John Foley, John Malone, Josh Abramson, Jr., Judson Green, Kara Swisher, Khan Manka, Lew Coleman, Louis Castle, Manka Bros., Mark Sourian, Mark Stein, Melody Hobson, Michael Eisner, Michael J. Montgomery, Michael Schwerdtman, Michael Zeisser, Nathan Myhrvold, Nikki Finke, Notional, On Medea, OnMedea, Paul Allen, Paul Telegdy, Peter Chernin, Phillippe Dauman, Pinnochio, Red Riding Hood, Reliance ADA Group, Rich Sullivan, Richard F. Zannino, Richard Sherman, Rick Finkelstein, Ricky Van Veen, Roger Enrico, Ron Meyer, Rupert Murdoch, Scott Garell, Scott Savitz, Shana Fisher, Sharon Waxman, Snow White and the Seven, Stacey Snider, Steve Burke, Steve Jobs, Steven Spielberg, Strauss Zelnick, Sumner Redstone, Terry Semel, Thomas Freston, Thomas J. McInerney, Tina Brown, Tony DiSanto, Victor Kaufman, Walt Disney

Today, I read an analyst report written by Vasily Karasyov of Susquehanna Financial Group titled “The Death of Superheroes”.

Salacious title? Certainly.

A title that would get the attention of every media executive around the world? Absolutely.

A title that’s total bullshit? Definitely.

According to this report, over the past ten years movie studios have plucked 16 superheroes (or super groups) from the obscurity of the basements of geeks and put them smack dab in the global spotlight for everyone to see.

Some have been really good, made lots of money and spawned sequels, rebirths and regurgitations (e.g., “Spider-Man”, “Batman”, “Iron Man”, “X-Men”).

Others were shit and lost a lot of money (basically the rest of them).

For the most part, that’s the way it’s supposed to work. Good = success. Bad = no success.

Over that same time, about 2,000 other movies were released to varying degrees of success. These included huge non-comic book movies like “Harry Potter”, “Lord of the Rings”, “Pirates of the Caribbean”, “The Hangover”, and, sure, even Woody Allen’s biggest hit ever “Midnight In Paris”.

So while it seems every other movie that comes out is a comic book movie, nothing could be further from the truth. But that’s not the point I want to make.

Here’s the point: People are not tired of Superheroes. You cannot blame the superhero for the failure of corporate mortals.

If every comic book/superhero movie were unbelievably great, audiences would flock to them and they would all be huge hits.

Seriously, if the studios would have put out 16 awesome, well-made, true to the source comic book movies, they would have had, guaranteed, 16 big hit, profitable movies.

But this didn’t happen and it never will happen. Why? Because movie studios always try to make good movies. Regardless of what some people think, the executives at movie studios are not trying to suck.

Every movie that is made (with all those millions of dollars at stake) start off with a single dream – to be really good and to make money (maybe not in that order). Everyone, at every level, works very hard to make these films as good as humanly possible.

But somewhere along the chain – from concept to the day of release – something happens to make them suck.

And in most cases, lots of things happen to make them suck.

The movie-making process is subjective. One person’s gold is another person’s shit.

What Hollywood IS GUILTY OF is genre rape.

Once one high-concept or genre film hits it really big (i.e., “Alice In Wonderland”) suddenly every studio in town needs to have that high-concept or genre type film in the pipeline ASAP.

Because of “Alice In Wonderland”, over the past year every studio had to have as many fairy tale scripts as they get their hands on including THREE FREAKIN’ “SNOW WHITES”!

My God, even Manka Bros. – my studio – bought the rights to “Hey Diddle Diddle” and plans to spend well over $150 million to produce something we know will fail. Sorry, boss.

Go down any list of genre and you’ll see one movie that started the entire feeding frenzy. “Scream” spawned hundreds of crappy horror movies. “Harry Potter” got everyone out there trying to find the next great children’s fantasy series. Vampires, zombies… it’s just a case of mass brainlessness.

But here’s the shocker. What do I think needs to be changed? Nothing.

Movies should continue to be made and they should be made as well as possible.

Some should be based on comic books because it’s really great source material.

Others should be based on the Bible, or Dickens or Broadway . Because it’s really great source material.

And yet others should be based on ideas people think up on their own (imagine that!) – because the brain is capable of coming up with a really great source material.

“Hollywood” isn’t broken and the Superhero isn’t dead (Christopher Nolan could turn any deep catalog comic book character into a franchise – even something like “Gerbil Girl”) – everyone involved in the process just needs to concentrate more on entertaining the audience and less on just filling a summer slot.

Jill Kennedy – OnMedea

P.S. – Why the hell is “Glee” at Comic-Con? If you want to talk about something that’s dead… it’s Comic-Con. And IT WAS killed by the movie studios. If you want a good laugh, read the transcript from Khan Manka, Jr.’s keynote address to last year’s Comic-Con.

May 12, 2011May 12, 2011

All The Facebook’s Men

As soon as I read The Daily Beast story about Facebook’s alleged smear (whisper) campaign against Google, I immediately thought of the scene in “All The President’s Men” with all the newspaper editors sitting around deciding which stories to run the next day.

When Watergate is brought up, there is stiff resistance from a couple of the editors.

This scene (replacing ‘Watergate’ with ‘Facebook’) could easily have played out at The Daily Beast with the change of a few words in the screenplay:

INT. THE DAILY BEAST – BUDGET MEETING

SEXY BEAST EDITOR: Let me tell you what happened when I was having lunch today at Locanda Verde–

TINA BROWN: Correction – when you were drinking your lunch at the bar of Locanda Verde–

The room erupts in laughter.

SEXY BEAST EDITOR: –this Facebook guy, a good one, a pro, came up and asked what is the “Google smear” compulsion with you guys and I said, well, we think it’s important and he said, if it’s so goddamn important, who the hell is Dan Lyons?

INNOVATION EDITOR: Fake Steve Jobs for one – but I digress. Ask him what he’s really saying – he means to take the story away from Dan Lyons and give it to his people at the Sexy Beast.

SEXY BEAST EDITOR: Well, I’ve got some pretty experienced people sitting around, wouldn’t you say so?

INNOVATION EDITOR: Absolutely, and that’s all they do, sit sit sit – every once in a while they reprint Michael Arrington, some reporting–

SEXY BEAST EDITOR: Well, what if Dan Lyons get it wrong–

TINA BROWN: Then it’s Barry Diller’s ass, isn’t it? And we’ll all have to go work for a living.

The room clears, only a couple of Editors and Tina Brown stay behind:

SEXY BEAST EDITOR: I don’t think we should cover this story, period.

TINA BROWN: Go on.

SEXY BEAST EDITOR: It’s not that we’re using unnamed sources that bothers me, or that everything we print Facebook denies.

TINA BROWN: What then?

SEXY BEAST EDITOR: I don’t believe the goddamn story, Tina, it doesn’t make sense.

TINA BROWN: It will, it just hasn’t bottomed out yet, give it time.

SEXY BEAST EDITOR: Look, why would Facebook do it? My God, Google is self-destructing before our eyes – just like MySpace did, Friendster, the bunch of ’em. Why would Burson-Marsteller send emails to bloggers urging them to write negative stories about Google, unless they wanted to get caught? Why would Burson go to Politico, The Washington Post and The Huffington Post, unless they wanted to get caught?

TINA BROWN: Are you saying Google started a whisper campaign against itself?

SEXY BEAST EDITOR: Jill Kennedy at OnMedea thinks it’s possible – Google needs some positive press, corruption’s always a good one. Get off the story, Tina – or put some people on Google’s public relations team – fair is fair, even in our business.

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Hey, we’re early enough in this conspiracy where all theories are in play.

Jill Kennedy – OnMedea

Click here to read the scene from the original script of “All The President’s Men”

April 1, 2011July 19, 2012

Broadcast Networks – On Death And Dying

For Broadcast Networks, the end is coming and it’s time for them to Accept their fate. (The 2012 Emmy Nominations only strengthen this point.)

This isn’t to say ABC, CBS, FOX, MBS, NBC, Univision and The CW (and similar Broadcast Networks around the world) are going away. They’ll just have to transform into one of the million other “Channels” out there – high profile Channels with good programming and production values – but still just another button on the Great Media Grid like ESPN, TNT, USA, Oxygen, Justin.tv (indeed), YouTube, etc.

According to a model developed by Elisabeth Kubler-Ross in her 1969 book “On Death and Dying”, there are Five Stages of Grief.

Over the past 20 years or so, Broadcast Networks have bounced around the First Four Stages in an effort to fight off the inevitable:

1. Denial: Broadcast Networks will always be the only place to reach a large audience. We don’t see that ever going away. No one is going to watch the shit they make on Cable. It’s nothing but George Foreman Grill infomercials and drunken Jackass teenagers riding their bikes into traffic.

2. Anger: It’s just not right! They make such crap on Basic Cable (again – see Emmy Nominations). How are they pulling in more advertising than us?! I don’t give a shit about the ratings of “Jersey Shore”, the content on Broadcast Networks is far superior and always will be. Goddamnit! And don’t you dare mention that fucking “Mad Men” to me again! And Hell will freeze over before we ever produce a series for that inferior platform. There’s no syndication value. It’s bullshit!

3. Bargaining: The playing field is not level. It’s not fair. We really need you cable and satellite operators to pay us to retransmit our signal. Don’t forget – we’re the Broadcast Networks. If you give us two revenue streams, we’ll give you really great programming with high ratings and advertising rates that are healthy for everyone. Don’t you realize there is only one place to reach a large audience?

4. Depression: Remember when Saturday night was the greatest night on television – when three networks (and three network Presidents) controlled every household? Everyone had incredible line-ups. It will never be that good again. Thursday night used to be a place where advertisers needed us to launch a new movie or car or department store sales. Those were the days. Oh well, at least we still have our beach houses and court side basketball seats.

5. Acceptance: It’s going to be okay. It’s not so bad to be equated with TBS. I mean, they have Conan O’Brien now. They are sort of like a Broadcast Network. And we’re still bigger than most of the other Channels. And we’ll get the Super Bowl back one day (after ESPN and The Food Network have their turns). It’s all good.

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The death of Broadcast Networks may not happen in the next five years but it IS going to happen and the sooner we put them out of their misery and end that painful decline, the faster the industry can heal and begin to grow again.

And even though every year in May, the upfronts always seem to break new records (and the Broadcasters will shout that fact from the rooftops in the Trades), make no mistake, nothing can be done to save Broadcast Networks.

It’s an old concept in a new world.

For old school TV executives and their Madison Avenue chronies who are accustomed to lavish Upfront Presentations at Carnegie Hall, Madison Square Garden and the International Space Station, it’s time to just let it go. The Days of Wine and Roses and Fine Dining and Muffin Baskets are over.

Broadcast Network defenders (yes, Les Moonves, this means you) are finding fewer and fewer allies in their argument. Face the facts, ESPN and Google are more valuable than CBS. It may not seem fair – but there are many new Sheriffs in town. Remember, if you’re in a business where single-digit drops in viewers is the New Growth, your business sucks.

So what are the Broadcast Networks supposed to do next? Very simple. Just accept equal footing (two revenue streams – subscription and advertising – enough with this silly Retrans business that no one can understand) and continue to run your business as just another Channel on the Grid.

In the future (and it’s coming), with a channel lineup grid that will be sorted Alphabetically and not by “importance” or “size” (and will include TV channels, websites and whatever else comes up) programming is, as it always has been, King .

And may the best programmer win.

Jill Kennedy – OnMedea

March 31, 2011October 13, 2011

Mob Wives – The Future Of Media Is Here!

UPDATE: Lynda Milito, the widow of murdered Gambino capo Louie Milito and author of the Cosa Nostra tell-all “Mafia Wife: My Story of Love, Murder and Madness,” has hit producers of the all-in-the-crime-family reality series with a cease-and-desist letter.

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Finally, thanks to Ben Silverman and Harvey Weinstein, the future of media is clear.

I believe “Mob Wives” has proven to be their finest hour and is, most likely, their legacy. Congratulations guys.

(UPDATE SIDE NOTE: Don’t worry about that little ‘cease-and-desist’ thing – I think there are quite a few people on “Mob Wives” that can take care of that problem… if you know what I mean.)

I certainly hope as the show goes on you guys will order a step up in the violence. We all want more real life Mafia Hits and a lot of gratuitous violence (to accompany all that built in product placement that Electus will bring to the project).

I think I know why Ben was brought in by Harvey to help produce. If, for whatever crazy reason, this show gets canceled, I can imagine how the conversation between Harvey and Ben will go:

Harvey (on the phone): Hey Ben!

Ben (Eurotrash music thumps in the background): Huh?!

Harvey: I got a call from VH1, “Mob Wives” is canceled – I would like you to tell the “Mob Wives” in person.

Ben: We can’t cancel “Mob Wives” – their husbands are violent criminals, they’ll come after us. They need that $20,000 a week we pay them for money laundering.

Harvey: It’s over, Ben. This was your dumb idea. You tell them.

Ben: It wasn’t my–

Harvey: Shut up, Ben. Do it! And give me Barry Diller’s number, I need to pay the light bill.

Five minutes later, Ben makes a call:

Ricky Van Veen: Hee hee heeee!! Ah-oo-gah! You’ve got Rickaaaiiiee–!!

Ben: Cut the shit, Ricky. I need you to do me a favor. You know that show “Mob Wives” – it’s canceled. There’s a meat locker downtown where we have our production meetings, go down and tell them the show is toast.

Ricky Van Veen: No problema, hip master B!
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At least, I THINK that’s how it would go.

I look forward to a further expansion of the “Mob Wives” brand and would love to see more wives of violent people. It’s just great television.

Maybe “Serial Killer Wives”, “Terrorist Wives”, “Dentist Wives” – it’s just an endless brand and really plays into Ben Silverman’s vision of the future of media.

Ben, dude, you are hitting on all cylinders.

Jill Kennedy – OnMedea

March 5, 2011April 6, 2011

CBS Films – R.I.P. – Beastly Update

UPDATE: The original CBS Films R.I.P. post below was written on January 25, 2010, right after “Extraordinary Measures” starring Harrison Ford and Brendan Fraser flopped.

The latest CBS Films release to flop is “Beastly” starring actors who didn’t get cast in “Twilight”. This modern take on “Beauty and the Beast” (one of an endless stream of upcoming Fairy Tale Movies) had an opening weekend of about $10 million. While this one is not a complete disaster like the previous releases, and may only lose a couple of million, it won’t, by any means, be able to save the life of the division.

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CBS Films – R.I.P. (January 25, 2010)

I’m actually surprised there isn’t more inside media coverage of the disastrous debut of CBS Films’ first release – “Extraordinary Measures” starring Harrison Ford and Brendan Fraser ($6.0 million opening weekend from over 2,500 theaters – finishing 8th behind “Alvin and the Chipmunks: The Squeakquel” in its 5th week).

I realize the Jay/Dave/Conan/Jeff Zucker drama is a much sexier story but CBS Films’ failure is another example of the cocksure executive that believes he can do no wrong.

Les Moonves, former bit player on “The Six Million Dollar Man” turned powerful CBS media mogul, is the exec on the hot seat this time. (Personally, I can imagine Jeff Zucker pushing this story just to get his name out of the press.)

Four years ago, when Sumner Redstone was completing the disastrous Viacom / CBS split, Mr. Moonves wanted Paramount Pictures so badly that when he didn’t get it, he decided he could create a new Paramount Pictures from scratch – CBS Films.

It’s a cold Monday morning at Black Rock today.

I’m assuming there will be two maybe three more failed releases in 2010 and then a decision to “refocus CBS’ energies on our booming cable network distribution platforms and new media” (translation: the coming end of CBS Films – probably at the end of 2011).

The R.I.P. tombstone above is generous in giving CBS Films a four year lifespan (2007-2011) considering the first release wasn’t until this past weekend – but I think three years of staffing up and development does count at being in business.

Another possibility for CBS would be to acquire Summit Entertainment. At least then they would have two guaranteed hits in the pipeline – the final two “Twilight” movies.

Or… my personal dream plan, somehow have CBS either acquire or wrest away Paramount from Viacom. News Corporation then buys Viacom’s cable channels (assets they sorely need). And Viacom shuts down thus getting us one step closer to saying bye-bye to Sumner Redstone forever.

Regardless of what happens, CBS’ old media experiment is not going to make it.

Jill Kennedy – OnMedea

February 18, 2011April 11, 2011

Not ANOTHER Fairy Tale Ending

Once upon a time, Hollywood was creatively bankrupt… again. The year was 2011 and poor little Hollywood didn’t know what kind of movies to make.

The heads of the major studios (including Manka Bros. – the owner of OnMedea) knew that a film adaptation of the fairy tale “Alice In Wonderland” made over $1 billion at the box office in 2010 and said “That’s a lot of money.”

So after much thought (or not), Hollywood decided to make EVERY FREAKING FAIRY TALE EVER WRITTEN INTO A MAJOR MOTION PICTURE!

Come on, really?

Every day, I read about another studio doing another fairy tale adaption. And all of them are a DARK, GRITTY version that the “19th century authors originally had in mind”.

Not a fluffy Hollywood squeaky clean version that doesn’t scare our whimpy modern day kids – but a frightening and bloody tale like children used to experience when kids were tough and enjoyed waking up screaming from a horrifying nightmare because of the bedtime story they were read.

To be fair, I think it was a great idea to reimagine Red Riding Hood with a darker tone – which is certainly fitting of the story. And while the trailer looks like a cross between a perfume ad and Twilight, I still believe it’s a solid original concept and should result in strong box office. (I’ll certainly be there opening weekend.)

But then came a fairy tale adaptation tsunami (which includes 3 SNOW WHITES!) that has now completely flooded the town.

Here’s a sampling of what’s coming up:

Jack the Giant Killer (Warner Bros.) – a gritty modern day reimagining of the classic tale.

The Brothers Grimm: Snow White (Relativity) – gritty reimagining starring Julia Roberts as the Wicked Queen.

Snow White and The Huntsman (Universal) – gritty reimagining starring Charlize Theron as the Wicked Queen.

Snow White and The Seven (Disney) – sweet, no gritty, set in 19th century China.

Hansel & Gretel: Witch Hunters (Paramount) – Starring Jeremy Renner, Gemma Arterton (and, no doubt, various star cameos), H&G are now accomplished bounty hunters out to get the witches who nearly killed them years before.

Beastly (CBS Films) – Beauty & The Beast set in high school. I don’t expect much from this one as I’ve already predicted the death of CBS Films in a previous blog.

Pinnochio 3D – a stop motion reimagining of the classic fairy tale. Expect a very dark and disturbing retake on this one as it comes from the genius mind of Guillermo Del Toro. I can already imagine losing sleep after I witness the stop motion, painful transformation of the children into donkeys sequence.

Hey Diddle Diddle (Manka Bros.) – a grim reimagining of the classic bedtime ditty set during the 1930s in a Soviet Union gulag. Why does the cow jump over the moon? Freedom.

Grimm (NBC) – Gritty TV cop drama set in a world where the characters of Grimm’s Fairy Tales actually exist.

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And that’s just in the next couple of years. Just think if these projects make money what we’ll see next:

Pat the Bunny – set in a post-apocalyptic cannibalistic world.

Rumpelstiltskin – featuring the beloved garden Gnomes from Gnomeo & Juliet in their first R-rated turn.

If You Give A Mouse A Cookie – rewritten with darker twists and turns so that it ends in murder.

Etc. etc. etc.

And the sad reality is, I won’t be able to take my five year old daughter to one of them because, if I did, she would wake up screaming in the middle of the night after witnessing Snow White disembowel one of the dwarfs (or something).

But I guess these movies aren’t made for her. They’re Fairy Tales – they’re not made for children for Christ’s sake. They’re made for the guys who go to Comic-Con. And THEY lived happily ever after.

Jill Kennedy – OnMedea

January 13, 2011April 3, 2011

The Trouble With Groupon

I believe Groupon is headed for failure.

Even if they somehow survive, I fear they are doomed to be a company we all view with complete indifference.

I don’t write this lightly. I was amazed and sort of proud that they had the balls to turn down Google’s $6 billion offer.

Founders and senior management becoming fabulously wealthy excepted, there really is no upside to signing away your soul to a giant soulless corporation (take that Manka Bros.!) if you have a solid business or at least unique concept that absolutely cannot fail.

I was rooting for this upstart that had the guts to resist billions. I signed up and started to get the daily deals that were offered – “40% off a facial ($75 value!)”; “Pay $10 for $20 worth of hair products (not my brand)”, etc… these horrible “deals” kept coming and coming and I kept NOT BUYING. Now I believe they should have sold.

Groupon is not a terrible business – a little annoying, a notch above Spammer – but it’s basically a business that pushes all this crap on people that they don’t need (and from my experience, mostly stuff that I don’t even want). The brilliance they have is that they make you think you’re getting these amazing deals and you’d better buy soon or they’re gone forever. Consumers will wise up to this fairly quickly.

Sure, millions are buying (with Groupon keeping well over 50% of the proceeds) and it’s probably good for some of the small businesses that are participating (though I have heard of several disaster stories) – but it’s really just a sexier online version of Valpak – those blue envelopes of local coupons that we all get in the mail and we mostly ignore.

If Groupon really wanted to add value to my life, they would offer “50% off my Trader Joe’s bill”; “$5,000 off a 2011 Prius”; “$10 will get you $20 in cash”, etc. Things like that would be valuable to me. I would buy those. But Groupon can’t offer these things because Trader Joe’s and Toyota would be crazy to do it (and wouldn’t even dream of it) and the shit Groupon actually has to offer isn’t really… real. It’s just made up facts and figures to make you believe you’re getting a great deal.

Let’s say I own a Day Spa and offer $50 off a $300 massage. What makes it a $300 massage? I own the Spa, I set the price – there is no $50 value to be saved. I could go to another spa and get a $50 massage and save $200 more than I would have buying the Groupon. Groupon’s genius is convincing consumers that they are saving money on these great services when, really, the cheapest option is NOT TO BUY GROUPONS. That costs zero ($0) dollars.

And now, because the business model is so easy to replicate, I’m getting offers from Groupilicious, CouponYou, My Little Deuce Coupon, CouponDeville, Grouper With A Squeeze of Lemon, etc. and it will never stop because local businesses will always try to drum up sales by knocking 40% off a price that they set themselves. Buy it wholesale, mark up the price 100%, offer a Groupon for 40% off – still make 20% on the sale. It’s not difficult.

Right now Groupon is sexy. Even sexier after turning down Google. They are hiring an army of MBAs in their 20s, everybody dresses down – it’s a real startup mentality, it’s Chicago, it’s exciting. Hell, an IPO is coming!

But I look into the future, and all I see is Valpak. Ever been to a Valpak office? Not sexy. Not exciting. No roller skates, no ping pong – the only perks there are 20% off bagels when you buy one dozen.

Jill Kennedy – OnMedea