We hear that Anna Netrebko’s former agent, Jeffrey Vanderveen, is busily assuring people he has no intention of leaving his present job at Opus3 Artists.
Since his denial conflicts with a report we published earlier this month, we had better share Jeffrey’s secret plan, stating the contrary.
June 9, 2014
Dear Jahm and Daniel,
Re: Playbill Network
Thank you again for our dynamic and productive meeting at your office last week. We are excited to
partner with you to build, market, and manage the new OTT platform for culture and entertainment,
The Playbill Network. You have asked us to create a business plan to outline the various components
of the proposed model, and we have carefully considered what would be required of us in order to
deliver such a plan to you on an expedited basis. We believe a mutual commitment of time, effort, and
resources is integral to progressing this initiative, and we would like to ask you to consider the following
1. We will create a comprehensive business plan for your review which will include a broad
market analysis for content and customer acquisition for The Playbill Network. This analysis
will be based on the work we have completed in connection with the initiatives of Music Media
Enterprises (“MME”) as well as the specific strategies and partnerships (including potential
acquisitions) required to build and launch The Playbill Network.
2. MME will suspend negotiations with all third-party OTT providers for subscription based Audio-
Visual streaming services for a minimum period of 60 days.
3. Najafi Companies will commit to a fee of $35,000 per month payable to MME for our services in
creating the business plan and financial analysis of The Playbill Network.
4. In the event Najafi Companies and MME arrive at a mutual agreement to create The Playbill
Network through NewCo, Najafi Companies will guarantee salaries for the management team
totaling $52,000 per month for a minimum term of three years, as well as a 10% equity stake as
discussed in our meeting. An additional two-year employment term shall be optioned upon our
meeting defined deliverables.
5. It will be understood that Najafi Companies and MME are entering into a ‘hand-shake’
commitment that both companies will use their best efforts to create and implement a
partnership for the creation of The Playbill Network by September 1, 2014.
6. Our ‘all-in’ commitment to devote 100% of our time (including the termination of Jeffrey’s
current employment contract on or before September 1, 2014) to this partnership with Najafi
Companies in creating a large-scale startup for the commercialization and monetization of
culture and entertainment on a worldwide basis.
We remain committed to coming to an agreement with you for this new initiative and look forward to
your comments on the proposals above.
With kind regards,
Jeffrey and Jessica