July in full swing sees top media executives and an impressive political cohort gathered at a storied mountain resort to hike, chat and whitewater raft.
The elixir of relaxed proximity distilled in Sun Valley’s rustic woods is credited with hatching a number of consequential deals over the decades.
But this year could one deal be undone? It’s unlikely, but Shari Redstone, who controls Paramount, and Barry Diller, who might like to, are both present and Par’s recent merger agreement with Skydance has a 45-day window for other interested buyers to jump in.
Skydance CEO David Ellison is not at Sun Valley but quite likely will be next year as a major studio owner-operator. With the media and entertainment industry continuing to undergo unprecedented change, streaming bundles, sports rights, the overall state of film, TV and tech, as well as the current political climate are in the mix at the conference, which has been hosted annually since 1983 by boutique investment bank Allen & Co.
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