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12.07.2023 - 15:41 / variety.com
Sun Valley, a sleepy ski resort nestled between Idaho’s mountain peaks, is about to see an invasion of Gulfstreams ferrying an embattled species of mogul. These media and tech CEOs are facing threats on several fronts — from labor strikes to plunging share prices to a possible recession. So they’re likely in need of some R&R when they hit Allen & Co.’s annual conference this week. The cloistered event is an off-the-record affair, with reporters cordoned off from the captains of industry. But it remains closely watched, having been the setting for major mergers and acquisitions over the years, from Comcast’s purchase of NBCUniversal to Disney’s deal for ABC. Here’s what’s on the minds of the C-suite set as they embark on their high-altitude retreat.
Succession Isn’t Just an HBO Drama Bob Iger returns to Sun Valley after briefly ceding control of Disney to Bob Chapek. Well, Chapek may be out after a disastrous tenure that saw him alienate Hollywood stars and fail to prop up Disney’s stock. But the questions that plagued Iger during his time atop the Magic Kingdom remain. Namely, who will assume the throne once he finally, actually (this time he’s really serious) retires? Two possible candidates will be at the conference: Dana Walden, the head of the company’s TV business, and Josh D’Amaro, the theme parks czar. How will they handle the Sun Valley heat? How Do I Make Money Now? The path to profit in the media sector has long been well defined. Make a great movie or TV show, generate crowds and reap millions in box office or advertising before repurposing the property in the aftermarket. Thanks to streaming, however, there is no aftermarket, and the big audiences that Madison Avenue demands have been splintered beyond
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Gene Maddaus Senior Media Writer Disney lost a bid on Friday to throw out a state court lawsuit that seeks to assert state control over future development of its Orlando theme parks. The ruling is the latest twist in the struggle between Disney and Florida Gov. Ron DeSantis over governance of the 40-square-mile area around Disney World.
For all the great music she left behind, most of the public knows Sinead O’Connor for one moment: tearing up a photo of Pope John Paul II on “Saturday Night Live” in 1992, a move that was intended as a blunt statement on abuse in the Catholic church. Not surprisingly, the move torpedoed her career and made her the object of vicious responses from the public and many celebrities — she was booed when she walked onstage at a Bob Dylan tribute concert just days after the incident — and the pillorying continued for many years, with the reaction to her statement changing only as the church’s countless, widespread abuses have become horrifyingly clear.
Amazon's Outlet Sale, the brand's most popular clogs and sandals — including the classic unisex Crocs — are marked down to as low as $21. This rarely happens, so make sure to snag a pair or two while you can.Shop Crocs DealsCrocs have long been the No. 1 bestselling shoe on Amazon and for good reason.
Real Housewives of New York City star Bethany Frankel has hit out at Prince Harry and Meghan Markle calling their post-royal career a 'botched job'.
Richard Osman is best known for presenting quiz shows Pointless and House of Games on the BBC, but the TV personality isn't the only famous face in his family.
Ron Sexton, a comedian best known as the voice of Donnie Baker on the long-running syndicated radio series The Bob & Tom Show, died Friday in Ohio while on tour with his stand-up comedy show, according to posts from his family and the show’s stars. He was 52.
Some fans were given the thrill of a lifetime when Timothee Chalamet and Adam Sandler showed up on a public basketball court to play a friendly game!
Irish model Vogue Williams was left red-faced as fans were stunned to learn exactly how often she and her husband Spencer Matthews get on the bedroom during an episode of their podcast Spencer & Vogue.
Parts of Spain are baking in 44C heat this week as the Cerberus heatwave continues to grip southern Europe. The Foreign Office has warned anyone travelling to the country to stay safe as the country's national weather agency issued an extreme heat warning.
Keir Starmer has been challenged to show he is on "the side of the people" after he was branded a "fiscal conservative".
Universal’s romantic comedy “The List” teases Halston Sage and Christian Navarro finding love in a hopeless place – Los Angeles. Abby (Sage) wasn’t expecting to add Jake (Navarro) to her dating itinerary, but after a rough breakup leads to her building a list of celebrity “free passes” and traveling to Los Angeles to court the rich and famous, his ambition and charm catches her off guard and flips her expectations of love on their head.The romcom charts Abby’s personal reinvention when her fiancé cheats on her and sleeps with a celebrity on his “free pass” list.
A surge in deliberate fires and attacks on firefighters in West Lothian saw crews facing more than three incidents a day last year, it has emerged.
news of his divorce, Ricky Martin is reportedly seeking joint custody of the two children he shares with his husband, Jwan Yosef. According to court documents obtained by PEOPLE, it was the singer who filed for divorce last Wednesday, July 5, before the Superior Court of California, indicating the date of separation as “TBD” (to be determined).
Allen & Co.’s annual Sun Valley Conference is known for drawing an A-list roster of execs from across the media and tech realms, with a generous sprinkling of sports commissioners, politicos and other notables added to the mix.
CBS News has hired Jo Ling Kent to serve as senior business and technology correspondent, based in Los Angeles.
Calum Beattie enjoyed TRNSMT on Friday as he was snapped with The View's Kyle Falconer and a number of festival revellers.
Ariana Madix is hitting the dance floor.
Mike “The Situation” Sorrentino was one of the biggest troublemakers in the Jersey Shore house during the show’s early days, but he’s since become a voice of wisdom for the roommates.
Prince Harry and Meghan Markle were spotted putting on a united front as they emerged in public, after it was confirmed they have vacated their UK home.