THE DEAL LLC'S CONVERGENCE 2.0 SUMMIT BRINGS TOGETHER THOUGHT LEADERS IN TELECOM, MEDIA AND TECHNOLOGY

Mel Karmazin, CEO of Sirius Satellite Radio; Michael Powell, senior advisor of Providence Equity Partners and former FCC chairman; Leo Hindery, managing partner at InterMedia Partners and distinguished speakers from Vonage, Viacom and NBC Universal present their views on new media crossroads

June 26, 2006--NEW YORK, N.Y.--New technologies, shifting consumer tastes, evolving business models and regulatory action are confronting media companies with a series of strategic choices. With the ongoing pattern of consolidation in broadcast, cable, telecom and mobile, converging technologies will be a central driver of dealmaking activity.
 

Providing insight on the business and financial strategies, and the costs and opportunities of this innovation, The Deal and Tech Confidential present Convergence 2.0 (www.TheDeal.com/convergence), a summit focused on telecom, media and technology dealmaking and trends, taking place today at The Museum of Television & Radio, here.

Mel Karmazin, CEO of Sirius Satellite Radio, opens the full-day conference with a morning keynote address presented in a "live" interview format with Richard Morgan, assistant managing editor of The Deal. Michael Powell, senior advisor of Providence Equity Partners and former FCC chairman will offer a mid-morning conversation delving into convergence topics.

Adding to the distinguished speaker lineup, Michael Dolan, executive vice president & CFO of Viacom, will hold an afternoon conversation with Adam Miller, president of The Abernathy MacGregor Group. Leo Hindery, managing partner at InterMedia Partners and former chairman of the YES Network, will present the Washington insider keynote, while an industry spotlight will be presented by Jeffrey A. Citron, director, chairman and chief strategist at Vonage.

"We are pleased to present a comprehensive program with many of the country's biggest and most influential thought leaders in the areas of media, telecom and technology," said Kevin Worth, president and CEO of The Deal, LLC. "Convergence 2.0 will provide our audience with insight on how innovation, regulation and industry transformation are driving corporate strategy and investment decisions."

Recognized industry figures from prestigious companies such as NBC Universal, Time Warner, Microsoft, AT&T, MindShare Interaction, Ocean Tomo, WWE, Apax Partners and Inform.com will take part in panel discussions and present real-world case studies on new strategies and trends. Discussion topics include: profitably and pitfalls of TMT deals; monetizing and protecting content in the digital age; mobile media innovation and issues; trends and strategies emerging from New York's digital and technology community; legislation and regulatory issues in telecommunications and media and the future of digital communications.

A list of respected corporate sponsors include: GE; Bingham McCutchen LLP; Paul, Weiss, Rifkind, Wharton & Garrison LLP; Bentley Manhattan and The Royal Bank of Scotland Group, as gold sponsors and Vonage as a network break sponsor. Affiliate partners include The New York Chapter of the Association of Corporate Growth; Executive Council of New York; eTV World; IBF Conferences; iBreakfast; iHollywood Forum, Inc., New York Angels and Capital Roundtable.

Convergence 2.0 is one of the many events The Deal, LLC is hosting in 2006. Upcoming events include: The Deal's Silicon Valley Summit on October 5 at the Computer History Museum in Mountain View, Calif., The Deal and AVCJ's Asian M&A Forum on October 9-11 at the Four Seasons Hotel in Shanghai, The Deal's Second Annual M&A Outlook 2007 on November 14 at the New York Athletic Club in New York City and The Deal's Corporate Dealmakers Summit in November in New York City. For more information on these events, please contact Marc Richards at 212-313-9391.

About The Deal LLC

The Deal LLC is a diversified media company that is the authoritative voice of the deal economy. We serve the global deal community - corporate and financial dealmakers, advisers and institutional investors - by providing business and financial news and information that offers fresh insights on the deal economy, a set of interrelated activities, focused on dealmaking of all kinds, whose purpose is to generate corporate growth in a continually changing global market. We offer a comprehensive line of print and electronic product and services for both readers and advertisers, including The Deal, The Daily Deal, TheDeal.com, Corporate Dealmaker, Tech Confidential, Corporate Control Alert, Auction Block, Bankruptcy Insider, Deal Focus and VCDeal.com. Investors in The Deal, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co. LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.

 

About The Deal LLC

The Deal LLC is a diversified media company that is the authoritative voice of the deal economy. We serve the global deal community - corporate and financial dealmakers, advisers and institutional investors - by providing business and financial news and information that offers fresh insights on the deal economy, a set of interrelated activities, focused on dealmaking of all kinds, whose purpose is to generate corporate growth in a continually changing global market. We offer a comprehensive line of print and electronic product and services for both readers and advertisers, including The Deal, The Daily Deal, TheDeal.com, Corporate Dealmaker, Tech Confidential, Corporate Control Alert, Auction Block, Bankruptcy Insider, Deal Focus and VCDeal.com. Investors in The Deal, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co. LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.