Advertisement

NETFLIX, Elon-led TWITTER, DISNEY power structure…

This time last year, as the illustrious guests of Allen & Company’s annual mogul bonanza were pulling up to the entrance of the storied Sun Valley Resort in the mountains of central Idaho, David Zaslav stepped out of his chauffeured SUV and gave an interview about big-media’s robust appetite for M&A. Zaslav had just pulled off a deal for the history books: the creation of Warner Bros. Discovery, of which he is now CEO. “There was a line wherever he was,” Oprah Winfrey told me at the time, relaying a scene report from Gayle King.As this year’s so-called summer camp for billionaires kicks off Tuesday, Zaslav will hardly want for company while sipping cocktails in the Duchin Lounge. But other attendant honchos will surely elicit a greater deal of scrutiny and interest. For starters, there’s Elon Musk, who is expected to attend for the first time in several years, as his rollercoaster Twitter takeover inches toward some sort of spectacular conclusion. The Tesla boss isn’t just one of the most talked about and controversial people in the business world—he’s become one of the most talked about and controversial figures in the entire world, and his likely ownership of Twitter is seen as having major implications for free speech and democracy and the ability of platforms to rein in disinformation in a highly polarized society. “I definitely think Elon will grab a lot of attention,” one Sun Valley fixture t …

Leave a Reply

Your email address will not be published. Required fields are marked *

U.S. National Debt

The current U.S. national debt:
$34,576,488,508,928
Send this to a friend