Kotaku notes that the E3 Media Summit will be heading back to LA in 2008. Complaints about the long walking distances last year prompted the move, but the invite-only business-oriented nature of the event will remain. "In the press release sent out this morning the ESA said the event will 'continue to focus on the business of the computer and video game industry, with an emphasis on press events and small meetings with media, development, and other key sectors. While there will be opportunities for game demonstrations, the 2008 E3 Media & Business Summit will not feature the large trade show environment of previous years.'"
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