Stressing the 'friend' part of 'frenemy'
But another part of his job is ambassador to the marketing, advertising and media communities, reassuring them that if Google is a "frenemy," in the parlance of Martin Sorrell, the chief executive of WPP, it is more "friend" than "enemy." Mr. Schmidt made his case Friday afternoon at the conclusion of the opening session of the 99th annual conference of the Association of National Advertisers. The ballroom in which he spoke was packed with attendees, rare for the part of the session that takes place after lunch. 98 percent of Google's revenue, plus or minus, comes from advertising. It is the advertising business. (The fact it's carving Sorrell's heart out of his chest while he's watching seems lost on most in the business.)
http://mediadecoder.blogs.nytimes.com/2009/11/07/stressing-the-friend-part-of-frenemy/
http://www.ana.net/video/vplayer/anaschmitd
http://mediadecoder.blogs.nytimes.com/2009/11/07/stressing-the-friend-part-of-frenemy/
http://www.ana.net/video/vplayer/anaschmitd
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The business card of Eric Schmidt says he is the chairman and chief executive of Google.
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