Summit Notebook

Exclusive outtakes from industry leaders

from MediaFile:

Tech Summit Q&A, day 1: AOL’s Tim Armstrong, Arianna Huffington

AOL CEO Tim Armstrong and Editor in Chief of The Huffington Post Arianna Huffington joined us Monday for the premiere of the 2011 Reuters Global Technology Summit.

Here's a clip of Tim Armstrong answering why he thinks the expansion of AOL's local news service Patch is a sound investment.

And another clip of Tim Armstrong, this time talking about one of two Tech CEOs he admires:

Who's the other one? Jeff Boyd from Priceline.com.

"He doesn't get brought up much but he's one of the best leaders in the Internet space. Very quiet but outstanding results," Armstrong said of Boyd.

What will the media company of the 21st Century look like?

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In the run-up to the annual Reuters Media Summit, taking place in New York and London next week, we have been asking experts and executives how they think media companies should reinvent themselves for the 21st Century.

Will the big need to get bigger? See Comcast’s bidĀ for a controlling stake in NBC Universal.

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