Jennifer Maas TV Business WriterTesla mogul Elon Musk made a less-than-grand entrance at Allen & Co.’s exclusive conference for billionaires at the Sun Valley Lodge Thursday, Variety has learned.His much-anticipated arrival, which happened through the back entrance away from the prying eyes of press, came following a day of chatter about a Wednesday report of him secretly fathering twins with a Tesla exec last year, and just after the Washington Post published a story stating his $44 billion deal to buy Twitter is “in serious jeopardy.”According to The Washington Post, the Musk-side of the deal has decided that Twitter’s data on spam accounts is unverifiable and is now ceasing talks with potential investors for the purchase. The vast majority of the elite, uber-wealthy attendees at the Sun Valley event — which include Twitter CEO Parag Agrawal — arrived on Tuesday ahead of the first full day of the top-secret conference’s sessions on Wednesday.
Sun Valley: From Recession Fears to Merger Fervor, What’s on the Moguls’ Minds
23.06.2022 - 18:07 / variety.com
Sun Valley, colloquially known as “summer camp for billionaires,” kicks off right after the July 4 holiday. But the moguls who flock to the Allen & Co. retreat may not be as relaxed as usual when they touch down in Idaho: From darkening economic clouds to choppy leadership transitions at some of the most storied media companies, there are plenty of reasons for the 1% of the 1% to be breaking a sweat these days.
Here’s a look at what the CEOs and media barons should expect when they hit the posh mountain retreat.Awkward Encounters There may be some tense moments by the duck pond. After all, both Bob Chapek, the embattled Disney chief, and Bob Iger, the man he has struggled to replace, are on the guest list for the 2022 iteration of Sun Valley. And it’s not exactly a secret that the two Bobs are barely on speaking terms these days.
Then there’s Twitter CEO Parag Agrawal and Elon Musk, the billionaire Tesla and SpaceX founder who is trying to wrap up his $44 billion acquisition of the social media platform. That’s a deal that’s expected to usher in more than 280-characters’ worth of changes at Twitter. And though Rupert Murdoch may be sitting out this conference, sons James and Lachlan are expected to attend.
The two brothers seem pretty far apart on politics these days, with James, freed from the family business, moving toward the center and Lachlan, now firmly ensconced at Fox, standing behind his news network’s Trumpian embrace. Recession Blues The country isn’t in the grips of a recession, but that’s what many economists predict is on the horizon. If things go south, that’s bad news for many media moguls, since the films and shows they produce are tailor-made for people with discretionary income.
Elon Musk’s relationship history: From Amber Heard to secret twins with Neuralink executive
Elon Musk is officially a father of nine. On Wednesday 6 July, it was reported that the billionaire businessman quietly welcomed a set of twins last November with high-ranking executive, Shivon Zilis.
‘Black Adam’ Heading To San Diego Comic-Con
Dwayne Johnson just made it official on his social media: New Line’s Black Adam is heading to San Diego Comic-Con. There was a question whether Warner Bros.’ DC feature side would be at the fanboy confab; now they are.
Paramount & eOne’s ‘Dungeons & Dragons: Honor Among Thieves’ Heading Down To San Diego Comic-Con
The big screen adaptation of the classic role-playing game will be holding a panel in Hall H on Thursday, July 21 at 12 noon; the first in the mega auditorium as the fanboy confab returns in-person after a two year pandemic absence.
Sun Valley Scene Day 2: Elon Musk Watch Begins, Rupert Murdoch and Mark Zuckerberg Lay Low
Jennifer Maas TV Business WriterSUN VALLEY, Idaho — The Elon Musk watch is on.The first full day of Allen & Co.’s exclusive conference and retreat for the wealthy and well-connected concluded Wednesday at the luxe Sun Valley resort. Even among the assembled 1%-ers, there was anticipation for the arrival of the maverick leader of Tesla and SpaceX, who is expected to make an appearance at the annual meeting of moguls and C-suite titans.Following Tuesday’s many arrivals and some solo morning time, during which Verizon chief Hans Vestberg went for a run around the resort in the 6 a.m.
Comic Con 2022 Schedule: See When the Biggest Shows and Movies Are Taking Over San Diego
Jordan Moreau After some virtual and scaled-down events, San Diego Comic Con is back.The 2022 edition returns in full force to the San Diego Convention Center from July 21-24, bringing some of the most anticipated TV shows and movies of the year to Hall H and the show floor.See the Comic Con schedule below, which will be updated each day as more panels are announced.10:45-11:45 a.m. – ABC’S “THE ROOKIE” AND “THE ROOKIE: FEDS” – Nathan Fillion (“Castle,” “Firefly”) and Niecy Nash-Betts (“Claws,” “Reno 9-1-1”) join executive producers Alexi Hawley and Terence Paul Winter to discuss how worlds will collide when “The Rookie” franchise expands with “The Rookie: Feds,” coming to ABC this fall. The lively Q&A session will be moderated by Damian Holbrook (senior writer, TV Guide Magazine).
Sun Valley Scene: David Zaslav, Sheryl Sandberg, Bob Chapek, Ted Sarandos Make the Rounds
Jennifer Maas TV Business WriterSUN VALLEY, Idaho — The moguls have arrived.On Tuesday, dozens of titans of the business, media and tech worlds came out to play at the Sun Valley Lodge in Idaho for the start of Allen & Co.’s annual meeting of movers and shakers.The invitation-only conference will include three days of seminars and meetings that are held away from the prying eyes of the public, which kick off Wednesday morning. So today was all about meeting and greeting each other at the posh retreat in Idaho’s picturesque Sawtooth Mountains.Arrivals began at the Sun Valley Lodge around 11 a.m.
David Zaslav Sees ‘Opportunity’ Amid Industry Turmoil as Moguls Convene in Sun Valley
Jennifer Maas TV Business WriterSUN VALLEY, Idaho — David Zaslav was upbeat as he arrived in Sun Valley, Idaho on Tuesday for Allen & Co.’s gathering of business media and tech moguls. The Warner Bros. Discovery CEO had kind words for Netflix and “Stranger Things,” and he told reporters that he expects the annual summit to be “a great week” amid “a lot of turmoil in the business.”Zaslav indicated that Warner Bros.
Peacock’s Thriller ‘The Resort’ to Get Its World Premiere at San Diego Comic-Con (EXCLUSIVE)
Michael Schneider Variety Editor at LargePeacock’s upcoming mystery thriller “The Resort” will hold its world premiere at San Diego Comic-Con, the streamer revealed on Monday. A special advance screening of the first episode will be held on Saturday, July 23, at 5:30 p.m., followed by a panel discussion with creator Andy Siara and stars William Jackson Harper, Cristin Milioti, Luis Gerardo Méndez, and Nina Bloomgarden.Variety TV editor Michael Schneider will moderate the panel, which takes place in the Indigo Ballroom at the Hilton San Diego Bayfront Hotel.Siara (“Palm Springs”) executive produces “The Resort,” along with Sam Esmail (“Mr.
Rupert Murdoch Set to Join Moguls at Allen & Co.’s Sun Valley Conference
Jennifer Maas TV Business WriterSUN VALLEY, Idaho — Rupert Murdoch will attend Allen & Co.’s Sun Valley conference this week, Variety has confirmed.The annual event colloquially known as “summer camp for billionaires” kicks off as usual on July 5 at the Sun Valley Lodge in the titular Idaho resort town. Murdoch, 91, arrived on site during the July 4th holiday on Monday, according to a source familiar with the matter, two days after the Fox Corp.
Media Moguls To Gather At Annual Allen & Co. Sun Valley Retreat Amid Streaming Rethink, Economic Woes
The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat. After guests arrive on Tuesday, official activities get under way Wednesday.
Twitter suspends Jordan Peterson for tweet about Elliot Page’s trans ‘sin’
posted online show the tweet in question from the Canadian clinical psychologist’s account, which reads: “Remember when pride was a sin? And Ellen Page just had her breasts removed by a criminal physician.”Page came out as transgender in 2020, announcing he would now be known as Elliot. Many are now calling out Peterson for “deadnaming” the 25-year-old “Umbrella Academy” star.Peterson, 60, who joined the staff of conservative podcast outlet Daily Wire on Thursday, is infamous for his anti-trans stance. He once claimed on Joe Rogan’s podcast that being transgender is a result of a “contagion” and similar to “satanic ritual abuse.”Conservative political commentator Dave Rubin posted screenshots of the removed tweet online, writing, “The insanity continues at Twitter,” and claiming that Peterson “just told me he will ‘never’ delete the tweet.
Apple TV+ Making First Big Splash At San Diego Comic-Con With Six Series
For the first time ever, Apple TV+ is heading down to San Diego Comic-Con with a huge spotlight on its genre series including Severance, For All Mankind, Mythic Quest, See, Invasion and Foundation.
William Shatner to Unveil Documentary About Himself at San Diego Comic-Con
J. Kim Murphy William Shatner has offered his stamp of approval on a new documentary about his life from Legion M and Exhibit A Pictures. The pair of production companies announced the documentary Thursday.“For years I’ve had people approaching me to do a documentary about my life, but I turned them all down because it didn’t feel like the right fit,” Shatner said in a statement.
At Least 46 People Believed To Be Undocumented Immigrants Found Dead Inside 18-Wheeler In San Antonio
At least 46 people were found dead in an 18-wheeler on Monday evening in San Antonio, Texas with 16 others transported to the hospital for care. Local authorities believe they were undocumented immigrants.
Media Shares In The Red As Stocks Sink On Recession Fears After Fed’s Biggest Interest Rate Hike Since 1994
Shares resumed a downward trajectory today after a brief respite as markets digested a major rate hike by the U.S. central bank and comments by Fed chief Jerome Powell. A decisive Fed move to raise interest rates by three quarters of a percentage point boosted shares briefly Wednesday but optimism faded quickly with major indexes all down sharply.
Michelle Yeoh To Star In Netflix Series ‘The Brothers Sun’ With Justin Chien
Netflix’s The Brothers Sun has found its leads.