MTV Networks chairman and CEO Judy McGrath has the company firing on all cylinders. MTV Networks' Comedy Central, VH1, MTV and Spike TV all posted significant primetime audience increases during the first quarter of 2008, compared to the prior year.

The appeal of virtual worlds for youth is nothing new. What does the future hold for the next generation of consumers? Disney has recently announced that it will open up its DGamer site aimed at younger consumers to facilitate social networking around titles such as Prince Caspian.