Click on the Video Below and Sample a Session from a previous Digital Hollywood event. For Additional Video Sessions, Click Here Media Summit 2008 Wednesday, March 12th 3:45 AM - 5:00 PM Keynote Roundtable State of the Industry - A Financial and Private Equity Overview: Probing the Future of the Media, Entertainment & Technology Industries Joshua L. Steiner, founder/Managing Principal, Quadrangle Group LLC Jonathan Miller, co-founder, Velocity Investment Group, former Chairman/CEO, AOL Michael Kumin, Partner, Great Hill Partners Richard J. Bressler, Managing Director, Thomas H. Lee Partners, L.P. Tuna N. Amobi, Director, Consumer Discretionary, Media & Entertainment, Standard & Poor’s Equity Research, Moderator Joshua L. Steiner, Managing Principal, Quadrangle Group LLC: Joshua L. Steiner is a Managing Principal of Quadrangle Group LLC focused on the firm’s $2.9 billion media and communications private equity business. Quadrangle Group manages more than $6 billion investing in media and communications companies through separate private and public investment strategies and across all asset classes through its asset management business. Prior to forming Quadrangle Group in March 2000, Mr. Steiner was a Managing Director at Lazard Frères & Co. LLC, where he was a member of the firm’s Media and Communications Group. Prior to joining Lazard, Mr. Steiner was the Chief of Staff for the United States Department of the Treasury, where he was responsible for managing the Secretary of Treasury’s staff and served as his adviser on domestic and international policy as well as management and communications issues. Mr. Steiner is Vice Chairman of the Board of Trustees of the New York Public Library and serves on the boards of Phillips Academy (Andover), and the Enterprise Foundation of New York, an organization that helps develop and maintain affordable housing. Mr. Steiner is a member of the Council on Foreign Relations where he is on the Board of Advisors of Foreign Affairs. Mr. Steiner received a M.St. in Modern History from Oxford University. He received a B.A. in History from Yale University. Tuna N. Amobi is a Director at Standard & Poor’s Equity Research Services, New York, where he heads a group of analysts covering the Media & Entertainment and several other Consumer Discretionary and related sectors. He helped create and develop the proprietary S&P Core Earnings® framework, and as a member of S&P's Analytical Policy Board, participates in key policy and investment decisions for S&P Investment Services. Tuna has been a frequent financial markets commentator on CNBC, Bloomberg TV, and BBC, and regularly quoted in Business Week, Wall Street Journal and Financial Times, to name a few. Prior to joining S&P in 2001, Tuna was a Senior Equity Research Analyst and a Portfolio Manager at Lehman Brothers, where started his Wall Street career on the global Fixed Income Derivatives desk. Earlier in his global consulting and accounting career, Tuna worked at KPMG Peat Marwick and Arthur Andersen, gaining significant international experience across some of the world’s leading emerging markets. After a B.Sc. (Accounting), Tuna qualified as a CPA (NY, NJ), with a law degree (JD), earning an MBA as well from the Strathclyde Business School, Scotland. A Chartered Financial Analyst (CFA), Tuna was a recently profiled in Black Enterprise Magazine. Jonathan Miller, co-founder, Velocity Investment Group: Jon is a founding partner of Velocity Interactive Group, an investment firm focusing on digital media and the consumer internet. Velocity is stage agnostic and has offices in New York, Los Angeles, Palo Alto and Mumbai, India. Prior to Velocity Mr. Miller was Chairman and CEO of AOL Inc and LLC. He began at AOL in late 2002 when the Company was given up as lost by the stock market and most pundits. The Company was under goverment investigation, the receipient of multiple shareholder actions, and in the midst of taking a $54bn writedown. The online world had moved on and AOL's core business, dialup internet access, was a clear casuality in an emerging broadband world. Both short term fixes to keep the Company alive and implementation of a wholly new strategy were required. AOL is now in the midst of a revival, with a transformed business model and a newly earned place in the digital world. In his last quarter, AOL's profits were up 21% year to year and its advertising growth, the heart of the new model, was up 49% year to year. AOL is now the third largest internet advertising business in the world, and the second fastest growing behind Google. Additionally, over $3bn in run rate costs have been taken out during this period and thus, profitability has been maintained throughout the complete transformation of the business fundamentals. While increasing the overall value of the Company, Miller also generated over $9bn in free cash in this period from operations and through rationalization of assets. Milestones included Live8, which heralded the arrival of the internet as a true global entertainment medium (and, importantly, supported the efforts for debt and AIDS relief for Africa), achieving top one to three positions in 11 of the 13 measured internet content categories, purchasing the leading advertising network, Adv.com in 2004 and growing AOL's base of users to over 250mm worldwide from less than 1/2 that number in 2002. From a zero valuation on a sum of the parts basis in Time Warner in 2002, AOL was valued at $20 billion in a 2006 transaction in which Google bought 5% of the Co for $1 billion. Miller also oversaw restoring relationships with the telecom and cable industries including distribution deals w ATT, Verizon, Qwest and most of the cable industry including Time Warner Cable. Previously, Mr. Miller was CEO and President of USA Information and Services, now IACI and Expedia (the Company split in two in 2005). Through both acquisitions and migrating business models to become digitally focussed, USA/IACI built industry leading positions in such areas as online travel, event ticketing, and electronic retailing. Market cap of the combined companies exceeded $25bn. In this period, Miller acted as a Corporate Officer and served on four public boards of related entities. Mr. Miller joined the Company in 1997 as CEO and President of USA Broadcasting. Combining the SF stations with Silver King Broadcasting, the group was had the fifth largest footprint in the US. The station group was sold in 1999 for a gain of over $1.1bn Prior to USA/IACI, Miller was Managing Director of Nickelodeon International, a unit of Viacom's MTV Networks from 1993-1997. Starting and managing operations outside the US from a London-based headquarters, activities included cable channel development and management, creative affairs and brand management, program sales/distribution, ad sales and merchandising. During this period, Jon also acted as CEO of several Nickelodeon and Paramount Pictures channels that were joint ventures with such partners as BSkyB in the UK and Foxtel in Australia. Under MIller's guidance, program distribution was extended to over 100 territories including sales to the BBC, ITV, Channel 4, ARD (Germany), ABC (Australia), and RAI (Italy). From 1987-1993, Miller was Vice-President, Programming and Co-General Manager of NBA Entertainment, where he was responsible for brand management and programming for the basketball league as it emerged as the 'sport of the 90's'. In this capacity, Miller worked with NBA sponsors in fashioning and executing their sports marketing programs across electronic media, print and retail. Previous positions included stints at WGBH in Boston, MA (PBS) in educational programming and in various advertising and video production roles in Boston. Miller is a 1980 graduate of Harvard College, with Honors in Psychology. Mr Miller is on the Board of the American Film Institute, Idearc Media (spun out of Verizon Communications), a trustee of Emerson College, and of WNYC Public Radio in NY. He is also an ‘angel’ investor in internet startups in the areas of digital content, search and online advertising in partnership with venture capital firms such as Sequoia, Accel Partners, Spark Capital, Lightspeed, and Benchmark. Michael Kumin, Partner, Great Hill Partners: Michael Kumin is responsible for originating and evaluating investment opportunities in the media, Internet, software, and business and consumer services sectors. Michael currently serves on the Board of Directors for BuscaPé.com, Inc., Spark Networks, Inc., Gorilla Nation and Jobing, Inc. Michael's prior board seats include IGN Entertainment, Inc. and Action Media Holdings, LLC. Prior to joining Great Hill, Michael served as a co-founder and Executive Vice President of Creative Planet, Inc., a venture-backed information and technology company targeting the entertainment industry. Prior to forming Creative Planet, he served as an Associate at Apollo, a $10 billion private investment partnership, where he worked with companies in a wide range of industries including media and communications, financial services and healthcare. He began his investing career as an analyst with Goldman Sachs' Whitehall funds, focusing on real estate and restructurings. Michael received his Bachelor of Arts with honors from the Woodrow Wilson School of Public & International Affairs at Princeton University. Richard J. Bressler is a Managing Director of Thomas H. Lee Partners, L.P. Prior to joining Thomas H. Lee Partners, L.P. in 2006, Mr. Bressler was employed by Viacom, Inc. from May 2001 through 2005 as the Senior Executive Vice President and Chief Financial Officer with responsibility for managing all strategic, financial, business development, and technology functions. Prior to that, Mr. Bressler served in various capacities with Time Warner Inc., including as Chairman and Chief Executive Officer of Time Warner Digital Media. He also served as Executive Vice President and Chief Financial Officer of Time Warner Inc. from March 1995 to June 1999. Prior to joining Time Inc. in 1988, Mr. Bressler was a partner with the accounting firm of Ernst & Young since 1979. Mr. Bressler is currently a Director of Univision Communications, Inc., Warner Music Group Corp., Gartner, Inc., The Nielsen Company and American Media, Inc., Inc. In addition, Mr. Bressler is a member of the J.P. Morgan Chase National Advisory Board. Mr. Bressler holds a B.B.A. from Adelphi University.