Manka Bros. Will NOT Become A Partner In Hulu
Good morning.
Following an absolutely disastrous negotiating session with Rupert Murdoch at News Corporation and Jeff Zucker at NBC Universal (the low point being when I ordered Manka Bros. Television Group President Jay McBee to put Jeff Zucker in a headlock until he gave us what we wanted), I have decided that Manka Bros. will NOT become the 51% owner and managing partner of Hulu.
In fact, we will not be sinking one red cent into this idiotic, money pit of a venture - nor will we license our incredible movie and television library content to them. I have informed Rupert and Jeff of my decision and they seemed to be okay with it - though I suspect their stock prices (GE: NYSE) (NWS: NYSE) will fall dramatically based on my decision.
I wish Bob Iger and Disney all the best as they begin their own private Gallipoli as a new, non-controlling partner in Hulu. I just hope, Bob, you can eventually evacuate without too many casualties.
In the meantime, I would like for Manka Bros. (leveraging our world's largest film and television libraries) to develop our own online video hub to compete directly with Hulu, YouTube, TV.com and all the other pretenders. Call it something like Mulu, or MankaLu or MankaTube or... whatever... (somebody get the geeks in the overpaid MankaNeering group to come up with a name).
I want this new venture up and profitable by the end of the year or heads will roll.
Khan Manka, Jr. - Chairman & CEO - Manka Bros. Studios
P.S. - Rupert and Jeff - you are still my friends and you may remain in my Monthly Book Club.
Following an absolutely disastrous negotiating session with Rupert Murdoch at News Corporation and Jeff Zucker at NBC Universal (the low point being when I ordered Manka Bros. Television Group President Jay McBee to put Jeff Zucker in a headlock until he gave us what we wanted), I have decided that Manka Bros. will NOT become the 51% owner and managing partner of Hulu.
In fact, we will not be sinking one red cent into this idiotic, money pit of a venture - nor will we license our incredible movie and television library content to them. I have informed Rupert and Jeff of my decision and they seemed to be okay with it - though I suspect their stock prices (GE: NYSE) (NWS: NYSE) will fall dramatically based on my decision.
I wish Bob Iger and Disney all the best as they begin their own private Gallipoli as a new, non-controlling partner in Hulu. I just hope, Bob, you can eventually evacuate without too many casualties.
In the meantime, I would like for Manka Bros. (leveraging our world's largest film and television libraries) to develop our own online video hub to compete directly with Hulu, YouTube, TV.com and all the other pretenders. Call it something like Mulu, or MankaLu or MankaTube or... whatever... (somebody get the geeks in the overpaid MankaNeering group to come up with a name).
I want this new venture up and profitable by the end of the year or heads will roll.
Khan Manka, Jr. - Chairman & CEO - Manka Bros. Studios
P.S. - Rupert and Jeff - you are still my friends and you may remain in my Monthly Book Club.
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That's a shame. Hulu is a pretty good site. It would have been good to have our content up there - but I think we can build something even better!
John Perry - MBS Comedy Development
The time to invest in Hulu was 2 years ago.
I'm surprised they gave you the time of day, Khan. No offense, but your recent track record isn't so good. You certainly shouldn't have expected to come in with a position of strength.