Media and Communications

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Media CEOs are Facebook and BlackBerry users

NEW YORK (Reuters) - Facebook is good for keeping up with high-flying buddies, MySpace is for teenage offspring and the BlackBerry is a full-time addiction, according to top media executives who were quizzed on their personal media habits at this week's Reuters Media Summit.

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U.S. slump casts pall over media, entertainment

NEW YORK (Reuters) - A U.S. economic recession could hammer those media and entertainment companies that rely heavily on advertising next year, curtailing experimentation when the industry needs it most. | Video

Mobile game market slowdown self-inflicted: EA

NEW YORK (Reuters) - A failure by game publishers to focus on the fast-growing smartphone segment helped dampen demand for mobile games over the summer, Electronic Arts Inc Chief Executive John Riccitiello said on Thursday. | Video

EA chief sees fewer big industry mergers

NEW YORK (Reuters) - Most of the consolidation in the video game industry has already taken place, but there is potential in fast-growing areas such as subscriptions and advertising, Electronic Arts Inc Chief Executive John Riccitiello said on Thursday. | Video

Alternative media sees silver lining from strike

NEW YORK (Reuters) - The Hollywood screenwriters' strike is an opportunity for alternative media companies, from DVD renters to cable television and the Web, to reach new audiences, according to entertainment industry executives.

Sports leaders unfazed by TV ratings decline

NEW YORK (Reuters) - Four U.S. sports commissioners said their television ratings were down due to the multitude of gadgets and services consumers have to entertain themselves, but argued their games are no less popular.

Strike may punish primetime TV ratings

NEW YORK (Reuters) - A drawn out strike by Hollywood's screenwriters could send prime-time ratings at the major U.S. television networks plummeting 20 percent, a top media buyer said on Thursday, at a time when the industry is already struggling to satisfy viewers and advertisers.

Bain sees TV time growing faster than Web

NEW YORK (Reuters) - Time spent watching television will rise faster than leisure time spent on the Web through 2012, while a major audience for Internet video could take even longer to develop, consultancy Bain & Co said on Thursday. | Video

Sports leaders not worried by economy

NEW YORK (Reuters) - The U.S. economy is battered by high energy prices, a housing slump, tight credit markets and fears of slowing consumer spending, but the heads of four top U.S. sports leagues aren't running scared.

GroupM sees lower ad growth

NEW YORK (Reuters) - Media buyer GroupM is cutting its growth forecast for 12-month U.S. advertising spending to a range of 3.7 percent to 3.8 percent due to economic concerns arising from the housing crisis.

"Rock Band" game sold "hundreds of thousands": EA

NEW YORK (Reuters) - MTV's music video game "Rock Band" sold hundreds of thousands of copies over Thanksgiving weekend, Electronic Arts Inc Chief Executive John Riccitiello said on Thursday.

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