Audio transcript for the 2006 ‘State of the State' Address: PRSA-LA's Annual Look at the Industry held on Jan. 18, 2006 in Los Angeles, California. Panelists are Judy Johnson, Executive Vice President and Managing Director, GolinHarris Western Region, Bill Imada, President, IW Group, Magdalena Beltran-del Olmo, Vice President of Communications, California Wellness Foundation, Bob Feldman, Head of Corporate Communications, Dreamworks Animation SKG and Betsy Berkhemer-Credaire, President, Berkhemer Clayton. Moderated by Mark Lacter, Editor, Los Angeles Business Journal.