Jr. – Page 4 – OnMedea

June 8, 2010April 5, 2011

I’m Back From Mt. Kilimanjaro And Ready To Go

Now THAT’S what I call a month off.

As many of you have noticed, I haven’t been around for the past month (replies to your emails are coming). Where have I been? CLIMBING MT. KILIMANJARO!

I was told MK is considered one of the easiest of the BIG mountains to climb and would require very little training.

After assigning myself the difficult task of bringing down big media buffoons such as Ben Silverman, Meredith Whitney and Jeff Zucker, I don’t have the time to train to climb mountains. And, yet, with only a few hours logged on the Stairmaster, somehow – I MADE IT! More pics and stories to come on that later – but this isn’t a travel blog and I’m sure you can find much more interesting Mt. Kilimanjaro tidbits elsewhere.

As I have been “off the grid” for a month – I was very happy to hear about Jeff Zucker’s potential exit from NBC Universal after the merger. I was very unhappy to hear he may receive upwards of $40 million when he leaves. I was hoping his exit package would only include one big kick in the ass on his way out the door.

I would love to see a Jeff Zucker / Ben Silverman reunion over at the ill-fated Electus.com before it runs out of Barry Diller’s money and shuts its doors for good sometime next year.

Oh, well, a girl can dream, can’t she? It’s great to back.

Jill Kennedy – OnMedea

April 16, 2010October 10, 2017

Bob Iger Finishes Off The Weinstein Brothers

Alan Braverman, Andrew Mooney, Andy Bird, Anne Sweeney, Aylwin Lewis, Bob Iger, Bob Weinstein, Brent Woodford, Christine McCarthy, Fred Langhammer, George Bodenheimer, Harvey Weinstein, Jay Rasulo, Jayne Parker, John Bryson, John Chen, John Pepper, Jr., Judith Estrin, Kevin Mayer, Khan Manka, Lee Solomon, Manka Bros., Michael Eisner, Miramax, Monica Lozano, Orin Smith, Preston Padden, Rich Ross, Robert Matschullat, Ron Burkle, Ronald Iden, Sheryl Sandberg, Steve Jobs, Steve Wadsworth, Susan Arnold, The Weinstein Company, Thomas Staggs, Tina Brown, Walter Liss, World's Largest Media Company, Zenia Mucha

By selling Miramax back to the Weinstein Brothers (that would be Harvey and Bob) and (ahem) Lord Ron Burkle (he who has single-handedly created thousands of jobs in the prostitution and supermarket industries), Disney Chief Bob Iger has effectively given the coup de grace to Harvey and Bob thus ending their 30+ year run in show business.

But, you say, they’ll be running Miramax, picking up awesome Kevin Smith and Ben Affleck movies that the big studios don’t want to make?

Right?

They’re still in the business.

Sorry. Miramax will out of business in five years.

In 2013, a fire sale of the library will be hastily arranged by GoldmanSachsBankOfAmericaJPMorganCiti (a division of Lending Tree) and the price will be less that $200 million.

I suppose the deal allows the total prick and predator Harvey and his brother Bob the chance to die with dignity and go down in flames with the company they started (the name combines their parent’s first names “Miriam” and “Max”) – but I think a real friend (which obviously Bob Iger isn’t) would have said to stay far away from this horribly overpriced mess of fragmented film rights that have very little resale / remake value left in them.

I suppose that’s why Bob Iger is the current toast of the town and Harvey and Bob are just toast. (Texas Toast if you believe this blog.) Karma’s a bitch.

If the new post-Disney Miramax is run as efficiently as The Weinstein Company, Ron Burkle’s $3.5 billion net worth should be exhausted within 10 or 15 years (though I’m sure he’ll pull the plug once $1 billion is gone and save the rest to solve the growing hooker unemployment problem that has ravaged this country.

(At this point, Ron could probably just trade sex for food – which he probably could arrange to get from his former Ralph’s and Food4Less stores. I would hope he would offer food from Ralph’s so the poor girls don’t have to bag their own groceries at Food4Less).

But enough about Ron Burkle’s (alleged) shenanigans mentioned above, this is about Harvey and Bob – two guys who changed the film distribution industry by taking on the big guys with small movies (and many times winning). But the greedy, creepy bastards sold off the dream for $80 million to Disney and now, the even greedier bastards, want it back for $600 million.

The classic example of throwing good money (well, Ron Burkle’s money) after bad.

Jill Kennedy – OnMedea

April 13, 2010June 22, 2011

Ben Silverman Is Not A Visionary

OK, don’t go all crazy MIPTV Conference people, Ben Silverman didn’t say shit that hasn’t been said before by… everyone producing new media content.

Perhaps he says it in a way that make people think it sounds new or perhaps people just want to party with the guy – but it’s crazy how he can speak for 45 minutes and not say a thing.

I still don’t know what the hell Electus is based on the way Ben tries to define it (the website offers no help).

It sounds to me like a production company. A production company that will have Facebook Fan areas and YouTube channels. Basically like every production company on the planet.

It will be a production company that acquires (or JV’s) ideas for reality and game shows that can be exploited in the U.S. and international markets. Please tell King World, Telepictures, Mark Burnett, Endemol, etc. or other companies that have been doing this FOR DECADES that your idea is revolutionary, Ben. I’m sure they would laugh you out of the room and tell you to stop stealing their stuff.

Electus’ plan is to bring Burbank, Madison Avenue and THE WORLD together before a project goes forward – basically marrying advertisers with content producers up front. Perhaps you should Google (or “Electus’le” – which will be your way of rebranding Google – in a deal you’ll announce by Press Release and then we won’t hear about it ever again) the concept for the ‘Soap Opera’ from the 1930s.

If your plan (if I may interpret it from your Press Release to announce the deal to create DumbDumb) is just to stick a bag of Doritos in Will Arnett’s hand while he and Jason Bateman talk about their love for Doritos (plus they’ll attempt to throw in some silly plot that’s added just for fun) while one of them Twitters about his love for Doritos and encourages viewers to “Fan” Doritos on Facebook… then that’s fine and dandy.

Everybody gets paid by Doritos and everybody (probably) makes money. It’s called a commercial.

Seriously, producing “branded” content with celebrities doesn’t mean shit. It means they’re doing commercials and probably feeling pretty bad about themselves once they have to start announcing the winners of the Electus Award for Cheesiest Doritos Fanatic (which no doubt encompasses the person who can get the most people to join the Twitter feed).

There’s nothing wrong with that. Money is money. That’s why you’re in business. Just don’t call it revolutionary or visionary or YOUR IDEA! It’s just a production company. Screech has a production company. Everybody is doing what you’re doing.

Do it in 1994 as the internet is just coming into people’s homes… then it’s revolutionary.

Jill Kennedy – OnMedea

April 8, 2010April 6, 2011

Ben Silverman’s MIPTV Keynote Address

It recently came to my attention that Ben Silverman was asked to give a keynote address at this year’s MIPTV Conference in Cannes, France on April 13, 2010. Realizing that Ben is a very busy man (what with single-handedly changing the media landscape… again), I have taken the liberty of drafting his keynote address for him.

Based on everything I know about him through interviews and presentations, etc., I have attempted to write the speech in a style he would find the most comfortable.
———————–
Ben Silverman – Founder and CEO of the new multimedia company Electus – a groundbreaking partnership with media mogul Barry Diller’s leading interactive company IAC.

(As the lights dim, a low hum emits from somewhere, smoke machines fill the stage with a heavy mist. A lightning bolt appears to strike the back of the stage followed by a thunderclap – leaving the silhouette of… A MAN.)

BOOMING VOICE OVER: Since the dawn of time, only one man has had the balls to change the world. To change the way we think, we feel, we speak. To change the way we laugh, the way we cry. The guts to change 10pm programming on broadcast networks. His name… is Ben.

(A pin spotlight pulls out to reveal BEN SILVERMAN in all his glory – sunglasses, suit that he probably slept in with the tie loosened – unshaven. He points to the sky as another lightning bolt shoots out of his finger. “Rock You Like A Hurricane” by The Scorpions screams from the speakers as he floats magically toward the podium on a hydraulic saucer.)

All is silent (except, I imagine, for the thunderous applause from the lucky MIPTV crowd).

Ben Silverman: Yeah… all right… good morning Cannes. Hell of a town you got here. I don’t know what kind of poison you serve in your bars, but you fuckers got me drunk!

(From the wings, Notional founder and CEO Ricky Van Veen is heard cackling.)

Ricky Van Veen: You got that shit right! Whooo!

Ben Silverman: Before I get started, how about a shout out for my little pissant buddy over there, Notional Founder and CEO Ricky Van Veen!

(There is a smattering of applause and bunch of “who the fuck is that” looks throughout the crowd.)

Ben Silverman: All right, all right… Let’s get going. It’s really great to be here at the MIPTV conference. What the hell does ‘MIP’ mean anyway? Nobody seems to know.

Ricky Van Veen: Damn straight on that one, cat daddy!

Ben Silverman: Can it, Ricky.

Ricky Van Veen: I get it “Cannes”! That’s where we are! Freakin’ hilarious, boss.

Ben Silverman: Shut the fuck up, Ricky.

Ricky Van Veen: Sorry, daddy-o.

Ben Silverman: (holding up a cocktail) And I said more vodka than tomato juice, bitch.

Ricky Van Veen: Sorry bout dat.

(Ricky comes on stage and takes Ben’s drink to freshen it up.)

Ben Silverman: Anyway… Now we’re cruising. You guys (and ladies) are all International Television folk, right? Excellent. How’s business? It’s great to see the Polish TV delegation out there.

(There is applause from a delegation of Polish Television Executives.)

Ben Silverman: The last I heard from you guys in Poland, you were dealing with the problems of screen doors on your submarines, right? And I heard your library was closed because someone stole THE BOOK! Am I right? Anway, I see you guys have television now. Welcome to the 20th century! Next stop, the internet!

(A screen behind Ben descends from the ceiling revealing his PowerPoint presentation. The light envelops him in a Christ-like glow. The first slide is Ben Silverman’s professional timeline.)

Ben Silverman: After I created “The Office” in the UK and decided to bring it to America, I really needed a new challenge. So I told NBC Universal Chairman Jeff Zucker I wanted to be the head of NBC. He said I was overqualified for the job and would be better suited to be his boss… but I convinced him that I would prefer to run NBC for a while and see how that goes first.

(Another slide – Images of Jay Leno, Conan O’Brien and Jeff Zucker.)

Ben Silverman: When Zucker told me he wanted to move Jay Leno to 10pm and cancel all the dramas in that time slot, I said he was crazy. “It will never work”, I said. I predicted at the time The Jay Leno Show would last approximately four months before the affiliates would complain about having a crappy lead-in. But Jeff Zucker was insistent. So he did it. He moved Jay to 10pm… and I quit.

(Another slide – giant Electus logo… a smaller IAC logo barely noticeable.)

Ben Silverman: Having conquered the broadcast network world, I decided the one space where every content producer was having trouble was the online world. It was a challenge I couldn’t refuse. The person who figures out how to make money with content on the internet will be made King! Everyone is losing shitloads of money right now. “It’s a space that can’t be tamed, Ben.” “Please, Ben, don’t try it.” Everyone was being a whiny little bitch to me, begging me not to go into New Media. When Barry Diller pleaded with me to take $100 million and start Electus, I told him it wouldn’t work. “It’s throwing good money down the toilet”, I said. But he insisted.

(Another slide – Ben Silverman holding a mini-dv camcorder.)

Ben Silverman: I just wanted to have a little mini-dv camcorder and some really good out of work writers looking for a break and I wanted to create a low-cost, high-quality content site. It’s the only model that works. But Mr. Diller, being used to high-cost, low-quality content, insisted that I take the money. So I did. And, today, I’m happy to say, there is still some money left.

(Slight applause.)

Ben Silverman: I will now take your questions.

————————————————————————-
Note to Ben, just copy and paste the text into Word, print it out, and you have your speech.

You’re welcome.

Jill Kennedy – OnMedea

March 30, 2010April 6, 2011

Electus.com – A Sneak Peek

All I can say is, BEN SILVERMAN HAS DONE IT AGAIN!

In only nine months, Mr. Silverman has taken his crazy $100 million dollar dream of Electus.com and turned it into the reality that IS Electus.com.

The brilliance of the Electus.com homepage (at left) is its minimalism. What looks to you and me like an “Error” page is actually Ben Silverman’s ‘crystal ball’ gaze at the future of his own company. It’s a stunning stroke from the Master Innovator.

IAC (and Barry Diller) must be proud and ready to show the world as they have made the link to the site live.

Media watchers (or Medea watchers) like me can’t wait to see what he comes up with next. Perhaps Lord Silverman will provide a sliver of wisdom in his upcoming keynote to the MIPTV conference on April 13th.

What a great day that will be in the history of media.

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 25, 2010April 6, 2011

CBS Films – R.I.P.

Adam Townsend, Alan Ruck, Amy Baer, Angeline Straka, Anthony Ambrosio, Ari Emanuel, Arnold Kopelson, Brendan Fraser, Bruce S. Gordon, Bruce Tobey, Carl Folta, Carla Santos Shamberg, CBS Films, Charlie Gifford, Chase Carey, David Andelman, David Poltrack, Debbie Miller, DebManka Bros., Diego Velazquez, Doug Morris, Fred Salerno, Gary Countryman, Geeta Anand, Gil Schwartz, Harrison Ford, Harvey Weinstein, Jared Harris, Jeff Weiner, Jill Kennedy, Jordana Glick-Franzheim, Joseph A. Califano, Joseph Ianniello, Josh Rothstein, Jr., Keri Russell, Khan Manka, Leonard Goldberg, Les Moonves, Linda Griego, Louis Briskman, Manka Bros., Martin Franks, Meredith Droeger, Michael Shamberg, Nan Morales, News Corporation, OnMedea, Patrick Bauchau, Phillippe Dauman, Reid Sullivan, Richard Jones, Rik Toulon, Rob Friedman, Robert Nelson Jacobs, Rupert Murdoch, Sam Hall, Shari Redstone, Stacey Sher, Steven Friedlander, Summit Entertainment, Sumner Redstone, Terry Semel, The Weinstein Company, Thomas Dooley, Tom Vaughan, Viacom, Wade Davis, William S. Cohen — CBS Films - R.I.P.

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 end of CBS Films).

The R.I.P. tombstone above is generous in giving CBS Films a four year lifespan (2007-2010) considering the first release wasn’t until this past weekend – but I think three years of staffing up and development does count as 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 buys the cable channels from Viacom (assets they sorely need). 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. But Les Moonves can take solace in the fact that a very exciting Super Bowl is coming to CBS and he still runs one of the top two broadcast networks in the country.

There was a time when that would have been enough for one man.

Jill Kennedy – OnMedea

January 22, 2010April 7, 2011

CBS Films’ Big Test

CBS Films – that scrappy upstart with the name that screams ‘OLD MEDIA’ (“Films”, really? Can you even buy film stock anymore? The world is going digital, CBS) – hits the ground running today with its first release, “Extraordinary Measures” starring Harrison Ford and Brendan Fraser.

Most start-up production companies don’t have Harrison Ford in their first movie. Most start-up production companies have the guy or girl that’s holding the boom pole also act in a major role and provide their own food and wardrobe. But most start-up production companies aren’t called “CBS FILMS”.

Why is there a CBS Films? It seems that Viacom (before Sumner Redstone’s idiotic decision to split the company in half – thus creating this problem in the first place) has a very nice movie production company called Paramount Pictures. They also made a couple of Harrison Ford movies. I remember he played a guy named Indiana Jones for them.

You see, I think it’s ridiculous CBS Films had to be formed. It’s not going to last (sorry, Les). New movie companies just don’t make it – even backed by a large media company like CBS. Yes, go ahead and scream all you want about Summit Entertainment and their success – but after they release two more teen-angst vampire movies – they’re done.

I understand Les Moonves’ desire to run a completely vertical entertainment conglomerate. But it’s no longer 1995. The media landscape has changed. The glorious gatekeeper days are over. Ask Harvey Weinstein how hard it is to build an empire from scratch (but you may have to buy him lunch to ask that question. Dude is totally broke).

Look, I work for The World’s Largest Media Company – Manka Bros. – and they have five movie labels and all of them suck. Sorry, Khan (my boss, Khan Manka, Jr.). And they’ve been doing it for 90 years.

Even though “Extraordinary Measures” looks like the kind of movie that would give me a really good cry on a Saturday night at home – WHILE WATCHING THE HALLMARK CHANNEL – I’m sort of rooting against this one to succeed.

You see, I want CBS to buy (or wrest away) Paramount Pictures from Viacom and then immediately close CBS Films. I want News Corporation to buy all the cable channels and other assets from Viacom.

Then I want Viacom and Sumner Redstone to go away… forever. (I realize Sumner will still be Chairman of CBS – but Chairman can be overthrown – ask Steve Case – even if it’s an old coot that’s never going to die.)

So, good luck CBS Films. It’s a tall mountain to climb. I’m thinking “Extraordinary Measures” will pull down between $10-15 million this weekend. Whether that is good enough to call the first release a success… we’ll just have to find out. Less than $10 million and there will be quite a few worried CBS Films execs on Monday morning.

Jill Kennedy – OnMedea

December 10, 2009April 19, 2011

Should News Corp Buy Viacom

Adam Townsend, Alan Greenberg, Angeline Straka, Anthea Disney, Anthony G. Ambrosio, Ari Emanuel, Arnold Kopelson, Beryl Cook, Blythe McGarvie, Brad Grey, Bruce Gordon, Carl Folta, Charles Gifford, Charles Phillips, Chase Carey, David Devoe, David Poltrack, David R. Angelman, Debra Lee, DeDe Lea, Denise White, Doug Morris, Fred Salerno, Gary Countryman, Gary Ginsberg, Genie Gavenchak, George Abrams, Gil Schwartz, Jack Horner, James Barge, James Bombassei, James Murdoch, Jeff Weiner, Jill Kennedy, John Nallen, Joseph Califano, Joseph Ianniello, Jr., Jr. Frederic Salerno, Judy McGrath, Julie Henderson, Kara Swisher, Khan Manka, Lawrence Jacobs, Leonard Goldberg, Les Moonves, Linda Griego, Louis Briskman, Manka Bros., Martin Franks, Michael Fricklas, Michael Regan, Nikki Finke, OnMedea, Philippe Dauman, Reed Nolte, Richard M. Jones, Robert Kraft, Roger Ailes, Rupert Murdoch, Shari Redstone, Sharon Waxman, Sumner Redstone, Terry Semel, thewrap.com, Thomas Dooley, Tom Mockridge, Tony Santabarbara, Wade Davis, William Cohen, William Schwartz

YES!

But only Viacom’s cable networks and digital assets. CBS (not wanting to leave the cocoon of Old Media) should buy Viacom’s Paramount Pictures.

Is there any chance in hell this could actually happen? Could Rupert Murdoch pull off an acquisition of that magnitude?

No fucking way. Not while old man Redstone continues to draw a breath.

So, yes, it’s most likely a non-starter. But even in a fantasy scenario, wouldn’t it be great to finally get rid of Viacom and Redstone? Both are simply a mess and completely unnecessary.

[Note: I realize Sumner Redstone is Chairman of the Board and majority stockholder of CBS, but Les Moonves is the much more appealing face of that company, not Sumner. Sumner is the face of Viacom… and the media world has had enough.]

Imagine News Corp (which has the weakest portfolio of cable assets save Fox News, FX and those regional sports thingies) with Viacom’s cable channels: MTV, Nickelodeon, Comedy Central, TV Land, VH1, etc. etc.

This would immediately fill all News Corp’s demographic needs and, in the digital channel universe, put them on par with Time Warner, Disney and, in late 2010, Comcast.

Viacom was never going to be on par with anyone as long as Sumner is around (even with those assets)… so it’s time to shut it down.

As for CBS and their acquisition of Paramount Pictures… they, obviously, just want to be an old media company and ride that peaceful, easy feeling all the way into the grave. Buying Paramount Pictures (and, hey, why not MGM while they’re at it!) would help realize that mid-1990s-vertical-alignment-synergy-world they are striving for. And based on Comcast’s purchase of NBCU (which valued Universal Studios at less than $3 billion), Paramount, with its much smaller film and television library, can be picked up at quite a fire sale bargain. (Wait two years and it will be even more of a bargain!)

Also, this would give CBS the opportunity to shut down the ridiculous CBS Films vanity project before it becomes a further embarrassment.

So, think about it people. A deal like this would really be a win-win-win for everyone… and help us to get rid of (at least a part of) Sumner Redstone once and for all.

Jill Kennedy – OnMedea