Exclusive outtakes from industry leaders
Tod Nielsen certainly has the gift of the gab. VMWare’s chief operating officer, who was once videotaped by a reporter in the hope that he would turn out someday to be “famous” (and a royalty generator), waxed lyrical at the Reuters Global Technology Summit about everything from British CIOs and magic crystals to PCs .
Here’s a sampling of his colorfully phrased — though occasionally puzzling — views.
On VMWare’s Q1 performance:
“We should walk down Wall Street and get the tickertape parade.”
On how the company has to keep up relationships with every hardware vendor out there:
“Part of my job is to be Switzerland and be great friends with everybody.”
Three things we learned from chatting with Microsoft CFO Peter Klein: for one, he's a big fan of his boss, CEO Steve Ballmer, despite their contrasting interview styles (Klein is even tempered; Ballmer is famously energetic, which I've witnessed first hand).
Reuters: What's it like working with Steve Ballmer?
Klein: It's awesome. He's incredibly passionate, he cares about nothing except the success of the company. He's incredibly smart. He knows the industry backwards and forward.
How do entertainment retailers come up with the prices they charge? Why is a movie theater ticket $10, a music CD $15, a rental DVD $3-$5 and a top video game $60?
We asked Strauss Zelnick, executive chairman of game publisher Take-Two. He says it's simple math, based upon the value of that experience.
Microsoft's videogame chief Shane Kim came by our New York office this morning for the Reuters Media Summit and shared his thoughts on XBox 360 sales ("cautiously optimistic") and the outlook for the gaming industry amid the economic doom-and-gloom ("Who knows, maybe flat performance will be considered a remarkable achievement").
He also gazed into his crystal ball and served up some insights on the trends shaping the gaming business.
Shane Kim, VP of Strategy and Business Development at Microsoft Corp's Interactive Entertainment Business, said it's too soon to write off the Xbox.
"This console generation will have a long life cycle. I think it's way premature to say there will never be another Xbox," said Kim at the Reuters Media Summit.
Sir Martin Sorrell, CEO of WPP Group Plc, was interviewed as part of the Reuters Global Technology, Media and Telecoms Summit held this week around the globe. He talked to Reuters reporter Kate Holton in London, with groups of reporters calling in from Paris and New York to ask questions. Here are extended excerpts from a longer interview:
SOFTER 2009; REBOUND IN 2010
Reuters: How is the U.S. advertising market holding up in light of the credit crunch and housing crisis?