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Sun Valley Conference tech and media attendees arrive

Personal jets are parked on the Friedman Memorial Airport through the annual Allen and Co. Solar Valley media convention in Solar Valley, Idaho

Brendan McDermid | Reuters

The invite-only Allen & Co. Solar Valley convention, also called “summer camp for billionaires,” kicks off in Solar Valley, Idaho this week.

It is the place a few of the largest names in tech and media flock, and the place seeds have been planted for tech and media acquisitions, together with Amazon founder Jeff Bezos’s buy of The Washington Submit, Verizon’s acquisition of Yahoo and, in 1995, Disney’s merger with ABC. It is also nice advertising and marketing for funding financial institution boutique Allen & Co., which has suggested on a few of the largest tech, media and telecom mergers, together with Time Warner’s $108 billion sale to AT&T and LinkedIn’s $26 billion sale to Microsoft.

A lot has modified within the media panorama since final yr. Fox bought its leisure belongings to Disney for $71 billion. Netflix, as soon as the king of streaming, will quickly compete for viewers with new companies from Disney, AT&T and Comcast’s NBC, all of that are competing to create the perfect assortment of authentic and present TV and film content material. Apple can also be throwing its hat within the sport, with a brand new service known as Apple TV+ that can launch this fall with authentic films.

Here is who’s displaying up:

Apple CEO Tim Prepare dinner and SVP of web and companies Eddy Cue

Apple already has partnerships with numerous main media gamers for Apple TV Channels, which launched in May. However it must bulk up on authentic content material to compete with the biggest media firms. No shock to see these two arrive.

Tim Prepare dinner, chief govt officer of Apple, and Eddy Cue, senior vp of Web Software program and Providers at Apple, attend the annual Allen & Firm Solar Valley Convention, July 10, 2019 in Solar Valley, Idaho.

Drew Angerer | Getty Photos

Mary Barra, chairman and chief govt officer of Normal Motors

Mary Barra, chairman and chief govt officer of Normal Motors Co.

Bloomberg | Bloomberg | Getty Photos

Tim Armstrong

Tim Armstrong

Patrick T. Fallon | Bloomberg | Getty Photos

Brian Roberts, CEO of Comcast

Brian Roberts, chairman and chief govt officer of Comcast Corp.

Patrick T. Fallon | Bloomberg | Getty Photos

Alex Karp, chief govt officer of Palantir Applied sciences

Alex Karp, chief govt officer of Palantir Applied sciences.

Drew Angerer | Getty Photos

Shari Redstone, president of Nationwide Amusements; vice-chairwoman of CBS Company and Viacom

Shari Redstone

Drew Angerer | Getty Photos

Reid Hoffman, co-founder of LinkedIn

Hoffman is now a associate at enterprise capitalist agency Greylock Companions. Is he scouting some new start-ups?

Reid Hoffman

Patrick T. Fallon | Bloomberg | Getty Photos

Sheryl Sandberg, chief working officer of Fb

Sheryl Sandberg

Patrick T. Fallon | Bloomberg | Getty Photos

Dick Costolo, former CEO of Twitter

Dick Costolo

Patrick T. Fallon | Bloomberg | Getty Photos

Dara Khosrowshahi, CEO of Uber

Dara Khosrowshahi

Bloomberg | Bloomberg | Getty Photos

David Zaslav, president and CEO of Discovery

David Zaslav

Bloomberg | Bloomberg | Getty Photos

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