Quotes from the Media Summit in New York

NEW YORK | Tue Dec 1, 2009 6:20pm EST

NEW YORK (Reuters) - Following are selected comments from speakers at the 2009 Reuters Global Media Summit in New York.

ANNE SWEENEY, PRESIDENT, DISNEY/ABC TELEVISION GROUP

(DIS.N)

On Oprah Winfrey ending her daytime TV talkshow in 2011:

"I think Oprah is one of a kind. I don't think there is anyone like her."

"No one expected her to come on the scene 25 years ago. So I think it's really going to be interesting to see who comes forward and who emerges during this time as the next great idea, the next great personality, or the next great programing."

MEL KARMAZIN, CEO, SIRIUS XM RADIO INC (SIRI.O)

On whether Howard Stern or Oprah Winfrey is the tougher negotiator. Both have contracts with satellite radio:

"I'll tell you who was the worst negotiator: It was always Mel because they got all that money from me."

On retirement:

"I don't picture myself staying home and folding sheets with my wife. It's not what I really want to spend my time doing."

"So when my contract is up I'll think of what I want to do -- but I certainly don't want to retire."

GLENN BRITT, CEO, TIME WARNER CABLE INC (TWC.N)

On Comcast Corp (CMCSA.O)/NBC Universal, and the drawbacks of a vertically integrated media company:

"Our actions pretty much speak for themselves. Time Warner was obviously a vertically integrated company.

"What we found over the years was that there were very few synergies in being vertically integrated -- in fact, the rules and regulations that control how this industry behaves are such that anything people might be tempted to do in a vertically integrated company is pretty much prohibited. There wasn't much you could do to benefit from being vertically integrated. There also were really no operating synergies. What the people do at Warner Bros. every day is very different than what I do. So you really can't operate them together. What was happening at Time Warner is it became kind of a media holding company."

JOHN RICCITIELLO, CEO, ELECTRONIC ARTS INC ERTS.O

On the video game publisher's repeated restructurings:

"A company that doesn't restructure in the face of dramatic transformation, I don't know what they're doing. GM had a great decade in the '70s building large cars...They didn't restructure in the face of what was obvious. The music industry kept telling us they wanted to buy albums, and then they tried to sue us. It didn't serve them well...We look at the future and we are aggressively embracing it."

AMY MILES, CEO, REGAL ENTERTAINMENT GROUP (RGC.N)

On James Cameron's highly anticipated 3-D movie "Avatar":

"I would think what ("Avatar") would do is introduce a section of the audience that has not seen 3-D... But I'm a little less of the opinion that 'Avatar' is a game-changer. I think from a film technology perspective, there's a lot of enhancements that are going to benefit the industry, but 3-D is going to be successful whether 'Avatar' is successful or not."

GARY BETTMAN, COMMISSIONER, NATIONAL HOCKEY LEAGUE

"There are franchises in all sports in this environment that are losing money. But the tales of despair are greatly exaggerated. Yes, there are some clubs that need to be doing better, but none are in what I would call dire straits or anything close to it."

On Research in Motion (RIM.TO) Co-CEO James Balsillie, who has tried and failed several times to buy a hockey team and move it to Canada, the latest attempt being the Phoenix Coyotes:

"The board voted unanimously that they were not comfortable having him as a partner. And there was a number of years and instances, not just Phoenix, of history, and interactions between Mr. Balsillie and the league. There is a lot of water under this bridge and I'm not prepared to say that the bridge hasn't been washed out."

(Reporting by Tiffany Wu and Paul Thomasch)

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