Summit Notebook

from MediaFile:

Cell phones still No. 1 movie irritant for Regal CEO

December 3, 2008

People who talk and text on cell phones are still the number one source of movie theater complaints tracked by Regal Entertainment Group, Chairman and Chief Executive Mike Campbell told the Reuters Media Summit on Wednesday.

from DealZone:

Shane Kim’s crystal ball: videogame deals, new content

December 3, 2008

Microsoft's videogame chief Shane Kim came by our New York office this morning for the Reuters Media Summit and shared his thoughts on XBox 360 sales ("cautiously optimistic") and the outlook for the gaming industry amid the economic doom-and-gloom ("Who knows, maybe flat performance will be considered a remarkable achievement").

from MediaFile:

Mel says lost Sirius/XM channels worth every penny – to bottom line

December 3, 2008

If you're an old Sirius or former XM subscriber who lost one or more of your favorite channels after the two satellite radio companies merged earlier this year, CEO Mel Karmazin has a message for you: Tough luck, it's for the greater good.

Karmazin does it for love, not $

December 3, 2008

Sirius XM Chief Executive Mel Karmazin is a serial monogamist when it comes to stocks. No matter where he’s worked, from Viacom to Sirius, he only buys stocks in those companies, he told the Reuters Media Summit in New York on Wednesday.

from MediaFile:

Video game console obituaries premature – Microsoft

December 3, 2008

Gaming insiders who have given consoles the death sentence, get a life!

Shane Kim, VP of Strategy and Business Development at Microsoft Corp's Interactive Entertainment Business, said it's too soon to write off the Xbox.

from MediaFile:

Dial M For MySpace mobile advertising

December 1, 2008

MySpace co-founder Chris DeWolfe is bullish on the mobile advertising market, but says ad agencies and corporate sponsors haven't figured out to dial into it.

from MediaFile:

Desperately seeking hits: MPG

December 1, 2008

Are people going to watch more TV because they've no money to go out? According to media buying and planning agency MPG -- a subsidiary of Havas, the world's sixth-largest ad firm -- the answer is no, unless the TV networks come up with better shows.

from MediaFile:

It’s Midway or the highway for Redstone

December 1, 2008

Sumner Redstone is selling low -- way low. Here's The Wall Street Journal with the news:

Time Warner Cable and the Audacity of Hope

December 1, 2008

It’s not every day that you have a top executive in big business talk about how nice it will be to see the back of the Bush administration. Republican presidencies typically tout their adherence to free markets, unbridled capitalism and, most importantly, a smaller pile of what corporations often consider burdensome regulations. That isn’t what they usually expect from Democratic administrations, even ones led by Barack Obama.