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OnMedea: IAC: February 2010 Archives

IAC: February 2010 Archives

barry_diller_3.jpgFrom 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.

barry_diller_younger.jpgMr. 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; 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 PowerbookDating 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_small.jpgJill Kennedy - OnMedea

Ben Hur Silverman

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electus_logo.jpgBen 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 - 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. 

ben_hur_silverman.jpg"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_small.jpgJill 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.

About Jill Kennedy

Jill Kennedy - Blogger - OnMedea Jill Kennedy is an Ivy League MBA / refugee from Lehman Brothers.

Manka Bros. (and the Manka Business Channel) hired her (for a very low sum) to cover the world of media (not the world of Medea) in her own words without corporate interference.

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About Medea

Medea Medea was a real bitch from classical mythology - as most famously dramatized by Euripides.

She was a sorceress and wife of Jason, whom she assisted in obtaining the Golden Fleece. When Jason deserted her, she chopped up their children. One could say, Medea acted as rationally as a major media company.


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