|
News
Microsoft Forms New Group to Drive Global Strategies
and Relationships With Media and Entertainment Industries (28/7/2004)
Entertainment Industry Veteran Blair Westlake
Joins Microsoft As Corporate Vice President of Media/Entertainment
& Technology Convergence
Microsoft Corp. today announced the formation
of a new group within the company to help focus efforts and further
develop relationships with the media and entertainment industries.
The newly formed group -- Media/Entertainment & Technology Convergence
Group -- will consolidate and drive the company's strategies for
the digital convergence of home entertainment technologies, personal
computing and media, particularly in the areas of business and market
development, technical and IP policy, and industry-standards initiatives.
Blair Westlake, Corporate Vice President,
Microsoft Media/Entertainment & Technology Convergence Group Click
image for high-res version.
Blair Westlake, former chairman of the Universal
Television & Networks Group, will join the company and head up the
new group as corporate vice president. Under Westlake's leadership,
the Convergence Group will be responsible for ensuring that effective
business relationships, technologies and policies are in place to
meet the increasing consumer demand for access to high-quality audio/visual
digital information, entertainment, news and sports programming
via Windows(r) Powered devices in the home.
"The creation of the Media/Entertainment
& Technology Convergence Group and Blair Westlake's appointment
underscore Microsoft's strong commitment to delivering cutting-edge
products for the digital networked home and continuing to build
mutually productive and profitable relationships with the media
and entertainment industries," said Steve Ballmer, CEO of Microsoft.
Microsoft also today announced it has expanded
its strategic relationship with Lieberfarb & Associates LLC, a media,
entertainment and technology consulting firm, to further support
the strategic activities of the Media/Entertainment & Technology
Convergence Group.
Consumer Trends Lead to Opportunities
Consumers continue to expand their usage
of the personal computer as a digital entertainment device, embracing
technologies such as broadband Internet and wireless home networking.
Broadband Internet was used in 82 million households worldwide at
the end of 2003, and by 2006 it is forecasted to exceed 200 million
households.1 At the same time, consumers have rapidly increased
their consumption of entertainment and media content, spending $63
billion worldwide on DVD titles since the introduction of DVD.2
Combined with the adoption of new digital entertainment devices
such as flat-panel displays and portable media players, consumers
will demand even greater convenience and choice in their ever-increasing
digitally networked homes -- many of which will have personal computers
as the entertainment "hub."
Success in this new media landscape requires
a greater urgency for cross-industry collaboration. The Media/Entertainment
& Technology Convergence Group will develop win-win strategies for
consumers, Microsoft and partners in the media and entertainment,
consumer electronics, and IT industries to fully capitalize on these
new opportunities.
www.microsoft.com
|