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Global Conference 2011 | The Entertainment Industry: A Billion Ideas in Search of an Audience

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Panel Detail:

Wednesday, May 2, 2012
4:00 PM - 5:00 PM

The Entertainment Industry: A Billion Ideas in Search of an Audience


Speakers:

Chase Carey, Deputy Chairman, President and Chief Operating Officer, News Corp.

Jon Feltheimer, CEO, Lionsgate

Mel Karmazin, CEO, Sirius XM Radio Inc.

Robert Kotick, President and CEO, Activision Blizzard

Moderator:

Alan Schwartz, Executive Chairman, Guggenheim Partners

"When everyone's special, then no one is." This line from "The Incredibles" was about superheroes, but does it apply to the entertainment industry as a whole, too? Almost anyone can create a video, upload it to YouTube and draw thousands - or even millions - of hits. GarageBand lets musicians create inexpensive yet polished MP3s to distribute to fans. And who needs a manager when there's social media? In short, what is content really worth when everyone can produce it? This panel takes a look at the future of the entertainment industry from 30,000 feet. It's increasingly risky to set out to produce a blockbuster; does niche programming represent the future in this age of fragmented audiences? Are remakes and sequels making audiences jaded, or do they prefer to spend precious entertainment dollars on known quantities? If consumers are watching on the biggest screens and the smallest handhelds, does the content differ based on the device? What will the new business model look like?


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