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09:26 November 28th, 2007

Keep an eye on: Reuters Media Summit, Day Three

Posted by: Robert MacMillan
Tags: Mediafile

Baseball and soccer top the roster at the Reuters Media Summit in New York on Wednesday after appearances from the National Hockey League commissioner and the chairman of NASCAR on Tuesday.Major League Baseball Commissioner Selig

Major League Baseball commissioner Bud Selig will come by to answer questions about home-run king Barry Bonds, now the center of a steroid scandal, as well as other questions from Reuters readers.

Also on the list are MTV Networks Chief Executive Judy McGrath and digital media chief Mika Salmi, as well as Major League Soccer Commissioner Don Garber, Discovery Communications Chief Executive David Zaslav and Robert McDowell, one of the commissioners on the U.S. Federal Communications Commission.

Here are some of the highlights from Tuesday:

- Activision Chief Executive Bobby Kotick said he sees interactive game console prices falling to $199. Activision and other game publishers want console prices to fall since it typically leads to higher sales of those machines and gives them a larger base of potential game buyers. His comments came after Activision raised its quarterly and fiscal-year profit and revenue forecasts on better-than-expected sales of hit games “Guitar Hero 3″ and “Call of Duty 4.” Kotick also talked about the time he lost his pants , literally, while at the airport.

- NASCAR Chairman Brian France said the U.S. car racing circuit is studying ways to treat the environment better, including using alternative fuels in race cars and encouraging its fans to find their own ways to be more “green.” He also detailed efforts to find more minority drivers, dismissed the idea that his family would sell any part of its NASCAR stake and described his hot Friday night hanging out in front of YouTube.

- France and NHL Commissioner Gary Bettman said they see room for improvement at Disney’s sports network ESPN, such as making programming slicker and giving better perks and time slots to smaller leagues.

- Bettman told Reuters he expects to double subscriptions to the U.S. arm of its television network in the next year, and is considering about a dozen European cities as potential hosts for regular season games. Options include Stockholm and Prague, he said. He also has thoughts about Las Vegas as a major sports center and how hockey is revitalizing Newark, New Jersey and how Forbes may have been offsides in its reporting on the NHL.

- Blockbuster Chief Executive Jim Keyes would consider expanding the video rental chain’s base of7,800 stores worldwide if a turnaround plan goes as expected. He also said he wants to increase employee participation in the company’s future, but ruled out stock ownership plans and similar incentives. He steered clear of saying he’d reintroduce late fees, but does want to simplify pricing. He also is trying to watch more movies and find new ways for customers to do the same.

- Gary Shenk, chief executive of Bill Gates’s stock photo agency Corbis, said the company will offer bloggers access to some of its images for free in exchange for showcasing advertising embedded into the photos. He also explained how copyright infringement is a business opportunity in disguise .

Keep an eye on:

  • The FCC on Tuesday backed away from a proposal by Chairman Kevin Martin that would open the door to broader regulation of cable TV operators. The FCC balked at a finding that cable companies subscribership levels had risen enough to justify sweeping regulation of the industry, voting instead to postpone a decision and approve more limited restrictions on the industry. (Reuters )
  • Hollywood would not immediately return to its regularly scheduled programming should the writers strike end today, and the risk of irreparable damage to the current and upcoming television season increases with each day the walkout continues. (LA Times)

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