Apple CEO Tim Cook and services chief Eddy Cue to attend the Sun Valley media conference
Apple’s primary executive Tim Cook together with services boss Eddy Cue get got been spotted inwards Idaho ahead of the annual Lord's Day Valley media conference that kicks off this week. The tech giant continues to mass upward on master copy content ahead of the Apple TV+ video service due this fall.
Notably, many of the world’s biggest deals inwards the amusement industry’s history get got gone downwardly at Allen & Co.’s media conference which takes house annually inwards Lord's Day Valley, Idaho.
CNBC has the story:
It’s where unopen to of the biggest names inwards tech together with media flock, together with where seeds get got been planted for tech together with media acquisitions, including Amazon founder Jeff Bezos’s buy of The Washington Post, Verizon’s acquisition of Yahoo and, inwards 1995, Disney’s merger alongside ABC. It’s equally good smashing marketing for investment banking concern boutique Allen & Co., which has advised on unopen to of the biggest tech, media together with telecom mergers, including Time Warner’s $108 billion sale to AT&T together with LinkedIn’s $26 billion sale to Microsoft.
In the by twelve months alone, nosotros saw unopen to major shifts inwards the amusement industry.
Fox sold its amusement assets to Disney for $71 billion, alongside the latter launching a novel video-streaming service featuring an impressive catalog of movies together with TV shows piece undercutting all the other major players. AT&T simply yesterday announced a novel HBO Max streaming service together with challenger Comcast’s NBC volition create the same later on inwards the year.
Apple, of course, is coming out alongside its ain streaming thing, dubbed Apple TV+, inwards the fall.
Aside from Cook together with Cue, who is Apple’s primary negotiator alongside Hollywood moguls, other Silicon Valley executives volition survive inwards attendance equally well, including Facebook’s Sheryl Sandberg, Comcast’s Brian Roberts, old Twitter CEO Dick Costolo, Uber CEO Dara Khosrowshahi, LinkedIn co-founder Reid Hoffman and others.
Also known equally “summer army camp for billionaires,” the invite-only effect starts this week.
Photo: Drew Angerer | Getty Images
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