Each year, media tycoons quorum at the Sun Valley Lodge for a conference thrown by the secretive investment firm Allen & Company to strike deals. ShawnMcCreesh reports on one of the world’s most exclusive gatherings
David Zaslav taking questions from the media pen. Photo: Kevin Dietsch/Getty Images As I stood penned in with a pack of gossipy reporters outside the Sun Valley Lodge Tuesday afternoon, watching while a procession of billionaires streamed in, I was reminded of that apocryphal exchange between another couple of writers — F. Scott Fitzgerald and Ernest Hemingway.
Each year, the very richest in our society quorum at this lodge for a conference thrown by the secretive investment firm Allen & Company to strike deals. They are the media tycoons — the men who control what and how you read, watch, and click — and the men who finance those men. And here, for one amusing week, they pretend as though they aren’t so different.
But not David Zaslav. He’s not the biggest kid on the block, but ever since he became the boss of Warner Bros., HBO, and CNN, he’s been having a ball. Last year’s conference, which took place right as he was conquering those properties, might have been more fun because right now he’s got to focus on aggressively paying down the debt of his conglomerate, and sweeping layoffs are expected.
Another vaudevillian sight is the dance between Disney’s two Bobs, Iger and Chapek; both are here but definitely not together. Handsome and charming, Iger was the Disney CEO who took a while to get off the stage and failed to groom a successor. Now, he watches as Chapek hurdles from crisis to crisis.
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