Summit Notebook

from MediaFile:

Soccer clubs and mortgages: How a media mogul spends $10 million

December 4, 2009

Unlike many of us, media executives know what it’s like to play around with large wads of cash. So it seemed natural to ask them about what kind of investment opportunities they’re seeing when they gathered in New York this week for the Reuters Global Media Summit.

Zynga CEO: Half of social web users will be social gamers

December 2, 2009

Don’t ask Zynga’s Mark Pincus how much money his company is making.

The founder of the hot social gaming company, which is operating at a more than $200 million yearly run rate according to sources familiar with the matter, said sharing such information would contribute to the kind of hype that would be bad for the nascent industry.