| With over 1.3 billion subscribers in the world, mobile
telephony has become a veritable information and an entertainment
medium for people on the move. The success of mobile camera phones,
ring-tones and games, are already registering impressive sales for
mobile operators and content owners, and the sector is about to benefit
from an additional boost in revenue from the development of mobile
video informs the official release. Global research company, Strategy
Analytics, estimates that the mobile video market will attain $ 4.7
billion by 2008, with over 150 million mobile video users.
Reed MIDEM Television division director Paul Johnson, said, "As
organisers of the world's leading content markets we are in an excellent
strategic position to contribute to the dynamic mobile entertainment
industry. Many of our traditional clients such as News Corp, Warner
Bros, Disney, Cartoon Network, Nickelodeon, MTV, RTL Group and ProSieben
are already conducting lucrative business with major operators.
Our aim is to create a dynamic business environment where the mobile
industry can meet the leaders of the TV industry and enter global
deal-making".
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