Monday, July 7, 2008

Uncertainty aplenty as Web, media leaders convene

Media, Internet moguls meet at Idaho luxury retreat, most seeking more online revenue

"What to do about user-generated content -- which attracts a large audience but raises editorial control issues and has yet to generate significant revenue -- and how to capitalize on intensely popular social networks will still be important debates this week."

"But no one so far has turned social networking into a rainmaker, though that may not take attention away from LinkedIn Chairman Reid Hoffman. His networking site's audience of professionals is seen as an optimal vehicle for attracting deep-pocketed advertisers, and it's fresh off an equity investment that valued it at $1 billion."

2 comments:

  1. I wonder if they're seeking more online revenue so they can pay for that luxury retreat.

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  2. Well, Scientology is not cheap you know. Just ask Tom.

    ReplyDelete