Manka Bros. To Spend 2010 Profits on 2011 TV Upront Presentation
Good morning. As you may know, the past month I was off at a secret location negotiating certain deals which will be made public at the proper time. Because of that, I was unable to follow much of the TV upfront activity by all the networks.After a review of all the network presentations, I have concluded that the MBS announcement was the most pathetic and a total embarrassment to such a great company as Manka Bros.
While our competitors were at places like Madison Square Garden and Carnegie Hall with extremely elaborate presentations, MBS released its schedule via a press release from the Beverly Garland Holiday Inn in North Hollywood, CA.
In 2011, this will not be acceptable! I am, therefore, announcing that MBS' 2011 Upfronts will be held at Yankee Stadium in New York. If this means we have to spend all of our 2010 profits to pay for this event... so be it.
I will NOT be embarrassed like this again!
Khan Manka, Jr. - Chairman & CEO - Manka Bros. Studios - The World's Largest Media CompanyNote To Shareholders: Because of this extreme event, Manka Bros. (NYSE: MBX) may have to cut its dividend for 2010.
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3 Comments
About Khan Manka, Jr.
Khan Manka, Jr. assumed the title of Chairman of the Board of Manka Bros. Studios - The World's Largest Media Company - following his father Harry Manka's death in 1976. Before that he was the member of several Southern California rock bands.
Style over substance is always an interesting business philosophy. Well done Khan.
That's a sound business strategy. Glad I sold my Manka stock.
Finally some level headed thinking.