Digital media and content are developing into a huge market and an equally large business. A clear example of this is the American Film Institute’s Digital (AFI) Content Festival that will be held in Los Angeles, California on July 26th.

This annual festival has been a prime meeting and showcasing event for producers, creators, company heads, reporters, and anyone else involved in the industry. The Digital Content Festival will provide a vehicle for companies to display content for television, mobile devices, gaming platforms, among other things.

In a recent article, Interactive Television News discussed who some of the key topics and speakers at the festival will be. Many of the speakers and companies that will be present cover movie, television, broadband, games, wireless, education, and emerging technology.

The keynote speaker at this year’s festival is Todd Wagner. He is currently the CEO of 2929 Entertainment. 2929 Entertainment is a big player in the movie business, owning Rysher Entertainment, Landmark Theaters, and Magnolia Pictures Distribution, and has some holdings of Lions Gate Entertainment. Wagner is also known for his charitable work in trying to provide urban residents and students with access to technology.

Other speakers will include the president of online studio and strategic partnerships at Current Media, Joanna Earl as well as Scott Levine, director of product marketing for AOL Video, and Rebecca Lim, senior director at Starz Entertainment’s Vongo. Many companies will have exhibits at the festival, most notably Brightcove.

This is definitely a sign that the traditional players in Hollywood and television have become major players in digital media. Hopefully all this will lead to something inventive and useful to users.