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Globetechnology: Media honchos consider on-line strategies
This must have been an interesting conference!
“SUN VALLEY, Idaho — As they work to come to grips with the Internet, entertainment moguls have a very clear goal: don’t let what happened to the music industry happen to the rest of the entertainment industry.
The burgeoning age of digital distribution means movies, video and TV are being delivered to the consumer in new ways, through high-speed networks in the home and even over portable devices like cellphones. It’s presenting the same potential for piracy and file-swapping that have severely weakened music copyrights.
On Friday, top media executives attending an annual Sun Valley retreat did some listening, thinking and talking about the issue. They included incoming Walt Disney Co. CEO Bob Iger, Time Warner Inc. CEO Dick Parsons and Viacom Inc. co-president Les Moonves.”
High quality discussions about the future of media and the net.
“You’re beginning to see a lot of relationship-building between the cable, telecom and content industries” on forging deals to deliver media on-line, Dan Glickman said. “I think the opportunities will explode over the next four to five years.”
