Milken Institute Global Conference 2007 - Predicting the Future in a Fractured Media World
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Panel Detail:

Wednesday, April 25, 2007
10:45 am - 12:00 PM

Predicting the Future in a Fractured Media World
View Slide Presentation

Speakers:

Peter Chernin, President and Chief Operating Officer, News Corporation; Chairman and CEO, Fox Group

Michael Lynton, Chairman and CEO, Sony Pictures Entertainment

Jonathan Miller, former Chairman and CEO, AOL

Terry Semel, Chairman and CEO, Yahoo! Inc.

Moderator:

Dennis Kneale, Managing Editor, Forbes

 

Peter Chernin of News Corp. talks about his company’s efforts to keep ahead of the competition in the fractured world of entertainment, media and technology.

Every 20 to 30 years, the global media marketplace is shaken by dramatic shifts in technology. Hollywood has weathered the upheavals caused by sound, television, the VCR and cable TV. However, unlike the past, this period of change simply refuses to go away. Just when the DVD appeared to be the key to profitability, sales started to stagnate. Cable and satellite TV continues to fragment into hundreds of channels. Movie production, finance and distribution continue to shift overseas where India has long made more movies than the U.S. and China buys more computers. And the Internet continues to provide new challenges and alternatives almost daily. What are the keys to providing stability and growth in this new era? Does the power still lie with the content providers or has it shifted to the distributors? Will our future television and movies be coming from China, India or Latin America? This panel of industry leaders will explain how and why America can remain the key player in the years to come.

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