SUN VALLEY, Idaho — Taking within the solar and having some outdoorsy enjoyable was high of the agenda as dozens of media and tech leaders converged Tuesday for the beginning of the annual Allen & Co. convention.
The temper was decidedly chill this yr because the silver SUVs started dropping off moguls and CEOs at Solar Valley Lodge within the early afternoon. Shari Redstone, vice chair of CBS and Viacom, commented on the “beautiful day” as she made her manner in to the lodge. If the long-gestating merger talks between CBS and Viacom are beginning to come to move, as is rumored, Redstone’s vast smile didn’t present any indicators of boardroom pressure.
Comcast chairman-CEO Brian Roberts stated he was joyful simply to “benefit from the solar” this yr. That’s a marked distinction from final yr when Comcast and Disney had been within the thick of a bidding struggle for 21st Century Fox (which is now Staff Disney) and Sky (now Staff Comcast) through the Allen & Co. confab. Lachlan Murdoch, CEO of the newly minted Fox Corp., rocked a pair of white sun shades as he strolled the resort grounds along with his spouse, Sarah Murdoch. ICM Companions chief Chris Silbermann labored up a sweat on a motorbike trip along with his son.
As soon as the arrivals had been in full swing, people-watching across the resort’s Alpine village setting was intriguing, to say the least. Fb chief working officer Sheryl Sandberg was palling round with Marni Levine, her COO counterpart at Instagram. Later, contained in the resort’s Konditorei cafe, Sandberg and Activision’s Bobby Kotich had been deep in dialog. Spotify chief Daniel Ek and Spotify CFO Barry McCarthy had been doing the identical, however exterior on the patio.
Others noticed on day one of many gathering included Snap’s Evan Spiegel and Michael Lynton, Think about’s Brian Grazer, Information Corp.’s Robert Thomson, traders Vivi Nevo and Haim Saban, NBCUniversal’s Ron Meyer, former Disney boss Michael Eisner, Normal Motors chief Mary Barra, CBS Interactive’s Jim Lanzone, Coca-Cola chairman-CEO James Quincey, Palantir Applied sciences’ Alex Karp, Zynga’s Mark Pincus and restaurateur and milkshake mogul Danny Meyer.
One of many marquee audio system lined up for the high-wattage enterprise crowd this week is alleged to be Secretary of State Mike Pompeo. Little question the query of tariffs and commerce coverage will likely be a scorching subject for the CEOs who should navigate the real-world implications of President Trump’s selections.
The artwork of storytelling can be anticipated to be a theme of the convention this yr. Discovery CEO David Zaslav stated he was keen to listen to from views on the content material market from these within the FAANG sphere.
“I’m to get a greater understanding of how they see IP and the place they’re spending their time,” Zaslav advised Selection. “They’ve probably the most compelling platforms. They will take content material in all places on the earth at one time in any language.”
Former CAA titan Michael Ovitz took a second upon arriving at Solar Valley along with his financee, designer Tamara Mellon, to replicate on present occasions in his previous enterprise.
“A deep mess” is how he described the battle raging between Hollywood’s largest expertise companies and the Writers Guild of America. “I do not know why it acquired so far,” he stated.
Though Ovitz is almost 25 years faraway from his days of ruling CAA, the considered enduring an exodus of lots of of author shoppers inside of some days appeared to genuinely ache him.
“Writers had been the core of our enterprise,” he stated. “I’d have been apoplectic.”
(Pictured: Shari Redstone arriving Tuesday at Solar Valley Lodge for the Allen & Co. convention)