Roundtable entertains big ideas

By Jian Er

China is taking centre stage in the world of entertainment.

This was the consensus of top executives from the world's largest music companies, television production houses and Internet content providers who participated yesterday in the 4th China Daily CEO Roundtable (CDRT) themed "Entertaining the Nation" in Hong Kong.

Although they griped about lack of protection for intellectual property rights and the slow pace of market liberalization, the Roundtable agreed that the potential of the China market was almost limitless. And the biggest show of them all is going to be the 2008 Beijing Olympic, said Stephen Marcopoto, president and managing director of Turner Broadcasting System Asia Pacific Inc.

In his opening remarks, Marcopoto said China's media and entertainment industry, though it currently accounted for less than 2 per cent of the country's GDP, is set to grow to a dramatic scale in the coming years. Marcopoto oversees all programming, network, development, advertising and distribution sales, marketing and promotion for Turner Broadcasting and its networks and Internet services, including the CNN news group, Cartoon Network, TCM and CETV in the Asia Pacific region.

Citing a recent report by PricewaterhouseCoopers, Marcopoto said the overall size of the global entertainment and media industry will grow from US$229 billion in 2004 to US$365 billion in 2008. The average 9.8 per cent annual growth rate is mainly driven by China and by the country's heavy investment in both communications and media infrastructure.

 
     
     
 
 
Q&A on China Daily CEO Roundtable

 

Alexander Wan, Executive Editor, China Daily CEO Roundable

Q: What is the objective of China Daily's CEO Roundtable meeting?

A: The strategic objective of China Daily's CEO Roundtable meeting is to bring together CEOs of multinational companies the movers and shakers in business to get together, to address each other and share their views on major Chinese economic, business, industry and management issues.

Q: How many CEO Roundtable meetings have you organized?

A: So far, four CEO roundtable meetings have been held in Hong Kong, centering on China's regional economy, its reining-in of the overheating economy, and the role of Hong Kong in building China's 21st century financial system and entertainment industry development in the country. A 100 per cent turnout rate has been achieved during the previous Roundtable meetings.

We are honoured to have had this turnout. Delegates openly and sincerely made their comments with a high level of relevance and professionalism. We are grateful to Professor Michael Enright from the University of Hong Kong; Professor Edward Chen of Lingnan University; Mr Vincent Cheng, vice chairman and chief executive of Hang Seng Bank Ltd, who acted as the honorary chairmen for the previous three roundtable meetings; Mr Stephen Marcopoto, President and Managing Director of Turner Broadcasting System Asia Pacific; Mr Charles Chau, Managing Director of MTV Networks North Asia; and Mr Jun Tang, Vice President of China Affairs, from the Walt Disney Company, who co-chaired the fourth Roundtable meetings on "Entertaining the Nation." Overall, we are quite satisfied as China's first newspaper in organizing such a CEO-specific event.

Q: What are your future plans for China Daily's CEO Roundtable meetings?

A: On August 31 our theme will be "Globalizing Chinese Brands." We will invite the CEOs of major Chinese and multinational brands, global advertising agents, market research companies and leading academics to talk about this very important topic. We are delighted that Professor Wang Zhile, Director of the Research Centre at the Chinese Academy of International Trade & Economic Co-operation in the Ministry of Commerce to chair the session.

On September 20, we will gather luxury consumer brands on a "Lifestyle China" roundtable to take a look at the surging demand of luxury goods and consumer brands in China's metropolitan cities.

Our future CEO Roundtables, to be staged in Hong Kong, Beijing, Shanghai and other major cities, will cover other major sectors such as energy, logistics, automobiles, WTO, financial reform, employment, SOE reform, private enterprises, and so on.

Please visit our website at http://ceoroundtable.chinadaily.com.cn/. We welcome the CEOs of blue-chip companies and industry leaders to contact us if they would like to participate in these forthcoming CEO roundtables. Pls email to ceoroundtable@chinadaily.com.cn

 
 

 

 


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  Senior Executives at 4th CDRT  
 
Honourary Chairman
 
  Mr. Stephen Marcopoto, Turner International Asia Pacific Ltd. President  
     
  Mr. Charles Chau, MTV Networks North Asia Managing Director, North Asia
EVP Strategy and Research Asia
 
     
 
Mr. Jun Tang, The Walt Disney Company Vice President of China Affairs
 
     
  Name Title   Company  
  Mr . J. P. Wang Managing Director, Head of Greater China Corporate Finance ABN AMRO  
  Mr. Campbell McLean Executive Producer, Business Development Asia Pacific Vision  
  Ms. Shirley Chung General Manager, Corporate Affairs Celestial Pictures Ltd  
  Mr. Simon Dewhurst Director of Investment Banking
Head of Media & Entertainment Investment Banking
CLSA Equity Capital Markets Limited  
  Mr. Allan Ma Director of Operations Communication Management Limited.  
  Mr. Elton Yeung Chief Executive Officer Composers and Authors Society of Hong Kong Ltd (CASH)  
  Ms. Pying-Huan Principal Excelsior Capital Asia  
  Mr. Francis Chu Chief Executive Officer and Executive Director MediaNation Inc.  
  Mr. Patrick Tong Managing Director Mei Ah Entertainment Group Limited  
  Ms. Frankie Lee Director and CEO Music Nation Group  
  Mr. Ted Sun Chief Executive Officer & Director Netease.com Inc.  
  Ms. Miranda Chan Head, Programme & Content Management Radio Television Hong Kong (RTHK)  
  Mr. Brandon Lin Director Softbank Asia Infrastructure Fund  
  Mr. Richard Denekamp President - Asia Sony Music (Asia) Inc.  
  Mr. Ruuben Van Den Heuvel Vice President, Business Development Sony Music (Asia) Inc.  
  Mr. Robert Chua Chairman / Founder The Interactive Channel Co. Ltd.  
  Mr. Andrew Leung Executive Director ERA Information & Entertainment Limited  
  Photos  
       
       
       
       
       
       

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