More media deals on anvil says Discovery CEO David Zaslav, as streaming war intensifies
Zaslav played a key role in AT&T’s blockbuster deal with Discovery Inc this May.
07 Jul, 2021 - 09:18 AM IST | By indiantelevision.com Team
New Delhi: Emerging fresh from the blockbuster deal that led to Discovery s merger with AT&T’s WarnerMedia, company s CEO David Zaslav said that media consolidation will only accelerate from here, and he intends to be a catalyst.
“We’re not done yet,” Zaslava told reporters on Tuesday, as he reached Sun Valley, Idaho to attend the annual Allen & Co. conference. “The talk of the week is going to be that the industry is going to start consolidating a little bit more.”
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Private jets of media moguls arrive at Idaho billionaire summer camp James Gordon For Dailymail.com © Provided by Daily Mail MailOnline logo
Private jets descended on Sun Valley in rural Idaho on Monday ahead of the annual billionaire summer camp for tech and media moguls .
The gathering brings together the worlds of film, technology, design and sports each year, although the event was cancelled in 2020 due to the coronavirus pandemic.
This year, the five-day conference, held at the edge of Idaho s Sawtooth National Forest in a tiny town of just 1,500, is set to feature strict checks to ensure it does not become a superspreader event.
Caption Facebook s CEO Mark Zuckerberg, Vice President of Partnerships Dan Rose and Chief Operating Officer Sheryl Sandberg walk together at the Allen & Company Sun Valley Conference on July 12, 2018 in Sun Valley, Idaho. Top tech and media moguls descend on the resort every year for a week of activities - and deals.
It sounds like your typical summer camp: a week of tennis, long hikes and whitewater rafting in an idyllic setting.
Except in this particular summer camp, in Sun Valley, Idaho, participants are set to arrive in private jets, and in between all the leisure activities, they may just plot some of the biggest deals in media and tech.