The Google executive chairman and former chief executive was speaking at the ongoing SXSW Interactive in Austin last week
The previous recipient of the Award was Eric Schmidt, executive chairman, Google
Schmidt will be honoured on the evening of June 22 in the Palais des Festivals, Cannes, France
Eric Schmidt will move into a new role as executive chairman, overseeing the company's expansions abroad
Campaign UK, in partnership with the Cannes Lions International Advertising Festival, has published the first Cannes Report, which gives the complete official rankings from the festival for the first time. The 172-page publication lists the agencies, cities, countries and media that won the most awards, and includes a full list of this year's winners. The report also includes summaries of key presentations by Kofi Annan, Bob Geldof, Spike Lee, Microsoft CEO Steve Ballmer, Google CEO Eric Schmidt and other big-name speakers.
Google CEO Eric Schmidt (pictured) has told newspaper bosses they should continue to rely on advertising but needed to embraced new technology to support more profitable business models, and insisted Google was there to help, not harm.Speaking at the Newspapers Association of America convention in San Diego yesterday, Schmidt assured newspapers that advertising is still king on the internet, and subscription-based models or micropayment schemes can only account for a small amount of revenue.
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