Industry Summits
Media CEOs are Facebook and BlackBerry users
NEW YORK (Reuters) - Facebook is good for keeping up with high-flying buddies, MySpace is for teenage offspring and the BlackBerry is a full-time addiction, according to top media executives who were quizzed on their personal media habits at this week's Reuters Media Summit. Full Article
U.S. slump casts pall over media, entertainment
NEW YORK (Reuters) - A U.S. economic recession could hammer those media and entertainment companies that rely heavily on advertising next year, curtailing experimentation when the industry needs it most. Full Article | Video
Mobile game market slowdown self-inflicted: EA
NEW YORK (Reuters) - A failure by game publishers to focus on the fast-growing smartphone segment helped dampen demand for mobile games over the summer, Electronic Arts Inc Chief Executive John Riccitiello said on Thursday. Full Article | Video
EA chief sees fewer big industry mergers
NEW YORK (Reuters) - Most of the consolidation in the video game industry has already taken place, but there is potential in fast-growing areas such as subscriptions and advertising, Electronic Arts Inc Chief Executive John Riccitiello said on Thursday. Full Article | Video
Alternative media sees silver lining from strike
NEW YORK (Reuters) - The Hollywood screenwriters' strike is an opportunity for alternative media companies, from DVD renters to cable television and the Web, to reach new audiences, according to entertainment industry executives. Full Article
Sports leaders unfazed by TV ratings decline
NEW YORK (Reuters) - Four U.S. sports commissioners said their television ratings were down due to the multitude of gadgets and services consumers have to entertain themselves, but argued their games are no less popular. Full Article
Strike may punish primetime TV ratings
NEW YORK (Reuters) - A drawn out strike by Hollywood's screenwriters could send prime-time ratings at the major U.S. television networks plummeting 20 percent, a top media buyer said on Thursday, at a time when the industry is already struggling to satisfy viewers and advertisers. Full Article
Bain sees TV time growing faster than Web
NEW YORK (Reuters) - Time spent watching television will rise faster than leisure time spent on the Web through 2012, while a major audience for Internet video could take even longer to develop, consultancy Bain & Co said on Thursday. Full Article | Video
Sports leaders not worried by economy
NEW YORK (Reuters) - The U.S. economy is battered by high energy prices, a housing slump, tight credit markets and fears of slowing consumer spending, but the heads of four top U.S. sports leagues aren't running scared. Full Article
GroupM sees lower ad growth
NEW YORK (Reuters) - Media buyer GroupM is cutting its growth forecast for 12-month U.S. advertising spending to a range of 3.7 percent to 3.8 percent due to economic concerns arising from the housing crisis. Full Article
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What are Summits?
Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
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