Sony’s Former Chief, Who Pushed Content but Missed iPod Wave, Dies at 84

Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
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Sony’s Former Chief, Who Pushed Content but Missed iPod Wave, Dies at 84

Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)
Then Sony Corp. chief corporate adviser Nobuyuki Idei, is seen in Tokyo on Oct. 17, 2005. (AP)

Nobuyuki Idei, the urbane former chief executive of Sony Group Corp, who spearheaded the Japanese conglomerate's push into content but missed the shift to MP3s that led to the iPod, died on June 2, the company said on Tuesday.

Idei, who was 84, took the helm in 1995 to drive Sony into entertainment from hardware, but under his leadership the company behind the Walkman was slow to embrace MP3s and flat-panel TVs.

Known for his charisma and frank manner, Idei had been handpicked by predecessor Norio Ohga but his push into content opened a rift between Japan-based engineers and foreign movie and music executives.

"When I was in charge of Sony, I was criticized for saying we shouldn't make panels," Idei told Reuters in 2012.

"But when Toyota builds cars it buys the steel from Nippon Steel. The value is in the car, not the steel."

Under Idei, Sony ceded its lead in the portable music industry it had created to Apple, with the company also outmaneuvered by domestic rivals and Korean companies in televisions.

In 2000, Sony's valuation was seven times that of Apple and Ohga had considered a takeover of the California-based firm during the early 1990s, Reuters has reported.

Idei stepped down in 2005 to take responsibility for slumping earnings and was replaced by Britain-born Howard Stringer, who became the first foreigner to lead the company.

The drive away from fabrication accelerated after Idei's tenure as Sony sold off loss-making hardware operations to focus on entertainment, such as the PlayStation games business.

"The prescience and foresight with which (he) predicted the impact of the internet, and engaged proactively with digitization across Sony, amazes me to this day," Sony's chief executive, Kenichiro Yoshida, said in a statement.

Idei died of liver failure. After his departure from Sony, he had continued to play a role in corporate Japan as an adviser and director on company boards.



Global Tech Outage to Cost Air France KLM Close to $11 mln

Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
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Global Tech Outage to Cost Air France KLM Close to $11 mln

Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)
Air France planes are parked on the tarmac at Paris Charles de Gaulle airport, in Roissy, near Paris, Saturday, April 7, 2018. Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. (AP Photo/Christophe Ena)

Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday.

The group is one of the first airlines to disclose a cost linked to the disruption, Reuters reported.

"The expectation is that it will cost us around 10 million (euros)," Zaad said in a press call, adding that KLM and Transavia bore the brunt of the disruptions while Air France was not seriously affected.

A software update by global cybersecurity company CrowdStrike triggered systems problems that grounded flights, forced broadcasters off air and left customers without access to services such as healthcare or banking last Friday.

Delta Air Lines has been the slowest among major US carriers to recover from the outage. The carrier has cancelled more than 6,000 flights since Friday and analysts estimate the hit to its bottom line could be in the hundreds of millions of dollars. ($1 = 0.9213 euros)