{"id":292564,"date":"2021-07-07T04:54:17","date_gmt":"2021-07-07T01:54:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/discoverys-david-zaslav-promises-more-media-merger-mania-at-sun-valley\/"},"modified":"2021-07-07T04:54:17","modified_gmt":"2021-07-07T01:54:17","slug":"discoverys-david-zaslav-promises-more-media-merger-mania-at-sun-valley","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/discoverys-david-zaslav-promises-more-media-merger-mania-at-sun-valley\/","title":{"rendered":"#Discovery’s David Zaslav promises more media merger mania at Sun Valley"},"content":{"rendered":"

“#Discovery’s David Zaslav promises more media<\/a> merger mania at Sun Valley<\/strong>”<\/p>\n

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SUN VALLEY, Idaho \u2014 Allen & Co.\u2019s \u201csummer camp for billionaires\u201d kicked off on Tuesday with David Zaslav of Discovery promising that the media merger frenzy created by the video streaming wars is far from over.<\/p>\n

\u201cWe\u2019re not done yet,\u201d Zaslav said when asked about additional deal targets following Discovery\u2019s $43 billion merger with AT&T\u2019s entertainment unit WarnerMedia.<\/p>\n

Although the planned merger will create a media behemoth \u2014 joining AT&T\u2019s CNN, HBO, and Hollywood studio Warner Bros. with Discovery\u2019s Food Network and TLC \u2014 Zaslav says he\u2019ll continue to be on the lookout for other possible targets after the deal closes in about eight months.\u00a0<\/p>\n

\u201cThere\u2019s a lot of assets out there that have good IP that will probably get new homes,\u201d said Zaslav upon entering the posh conference grounds in Sun Valley, Idaho, wearing a short-sleeve\u00a0t-shirt.<\/p>\n

\"Jason
Jason Kilar, the head of WarnerMedia, which is soon to be merged with Discovery, arrives at the Allen & Co., conference in Sun Valley, Idaho.<\/figcaption>
Getty Images<\/span><\/figcaption><\/figure>\n

While Zaslav was one of the few media moguls to stop to speak to the press upon entering the invite-only event, his comments are undoubtedly on the tops of minds for other media moguls scrambling to compete with the likes of Netflix.<\/p>\n

Other media bigs seen arriving on the posh resort grounds on Tuesday include Bob Chapek of Disney, Brian Roberts of NBCUniversal\u2019s Comcast, Shari Redstone of ViacomCBS and Jason Kilar of WarnerMedia and Netflix co-CEO\u2019s Reed Hastings and Ted Sarandos, the Kings of Streaming.<\/p>\n

As moguls rolled in on Monday and Tuesday, dozens of private jets clogged the local airport and even prevented some attendees from arriving on schedule. But at least a few billionaires refused chauffeurs. Comcast\u2019s Roberts arrived driving a black Toyota SUV, while Berkshire Hathaway\u2019s Warren Buffett was spotted driving around town with a woman in an Escalade, one Sun Valley local told The Post.<\/p>\n

\"Comcast
Comcast CEO Brian Roberts, which owns NBCUniversal, arrives at the Sun Valley confab in Idaho on July 6. <\/figcaption>
Getty Images<\/span><\/figcaption><\/figure>\n

While all eyes are on the old-guard media and Silicon Valley titans, the storied confab, run by secretive investment bank Allen & Co.,\u00a0will kick off Wednesday with a keynote from younger tech stars like Patrick Collison, the CEO of red-hot fintech startup Strip<\/a>e, which is among the world\u2019s most valuable private companies,\u00a0The Post has learned.\u00a0<\/p>\n

Collison is scheduled to speak alongside Shopify\u2019s Tobias Lutke first thing on Wednesday morning at 8:30 a.m., according to a copy of the confab\u2019s confidential schedule obtained by The Post. <\/p>\n

Thursday\u2019s keynote will be led by King Abdullah Il Ibn Al Hussein of Jordan, followed by a session on creativity featuring husband-wife pair IAC chairman Barry Diller and fashion designer Diane von Fustenberg.\u00a0<\/p>\n

\"Netflix
Netflix Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 6, 2021, in Sun Valley, Idaho. <\/figcaption>
Getty Images<\/span><\/figcaption><\/figure>\n

Activities, the schedule says, will include the usual suspects of hiking, golf and tennis, but also (oddly for this crowd) knitting.\u00a0<\/p>\n

Missing from the public eye on Tuesday were the tech moguls slated to attend, including App<\/a>le\u2019s Tim Cook, Facebook\u2019s Mark Zuckerberg and Amazon\u2019s Jeff Bezos, the richest man in the world.<\/p>\n

Their lack of showmanship comes as Silicon Valley faces\u00a0antitrust probes in Washington, and as companies like Apple face growing criticism by peers for the high fees it charges apps that sell goods via the Apple App Store.<\/p>\n

Diller \u2014 an outspoken mogul who arrived at the conference in a silver mustang convertible \u2014 has recently slammed Apple\u2019s app store fees as \u201cdisgusting\u201d and is reportedly feuding with Google over accusations that IAC used deceptive marketing practices.<\/p>\n

Asked by The Post if he expects to clash with fellow attendees like Cook and Google CEO Sundar Pichai, Diller said \u201cabsolutely.\u201d\u00a0<\/p>\n

\u201cNo, that was a joke,\u201d he added before speeding off.\u00a0\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Discovery’s David Zaslav promises more media merger mania at Sun Valley” SUN VALLEY, Idaho \u2014 Allen & Co.\u2019s \u201csummer camp for billionaires\u201d kicked off on Tuesday with David Zaslav of Discovery promising that the media merger frenzy created by the video streaming wars is far from over. \u201cWe\u2019re not done yet,\u201d Zaslav said when asked…<\/p>\n","protected":false},"author":1,"featured_media":292565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/07\/David_Zaslav_Sun_Valley.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[111169,106812,103941,87539,70584,111109,70587,70760],"class_list":["post-292564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-7-6-21","tag-barry-diller","tag-brian-roberts","tag-david-zaslav","tag-mergers-acquisitions","tag-sun-valley","tag-tim-cook","tag-warren-buffett"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/292564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=292564"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/292564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/292565"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=292564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=292564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=292564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}