MediaFile

Sun Valley: Do media companies still need to be conglomerates?

Media moguls and executives at Sun Valley spend a lot of time talking about how to best prepare for the challenges of Web and mobile disruption in the 21st Century.

Companies that once traded and leveraged their huge size and scale of distribution are now considering whether just being bigger might not necessarily be better in the new fragmented media world.

For example, Time Warner Inc is slimming down by spinning off its Time Warner Cable unit and AOL, its Internet division. It may also look to rid itself of its Time Inc publishing unit.

“The notion that there are synergies between content and distribution has been dispelled,” says Tuna Amobi, an equity analyst at Standard & Poor’s. “You’re not going to see a Comcast Corp trying to merge with a Disney anymore.”

Not everyone agrees. Sony Corp remains one of the world’s largest companies with major interests in a global empire that spans music, movies, video games, software, mobile phones and consumer electronics.

Live Blogging from Sun Valley (Day 3)

Reuters reporters Robert MacMillan, Yinka Adegoke and Alexei Oreskovic will be sending live updates from the Sun Valley gathering. Read their updates below or follow us on Twitter.

Sun Valley: The stars align

Allen & Co’s 27th Sun Valley media and technology conference starts on July 7 and ends on July 12. In the meantime, expect media writers to breathlessly report, blog, tweet, photograph and record the event. Why the fuss? There are literally hundreds of people coming who are known to do nothing else than run the universe when it comes to TV shows, movies, telecoms, the Internet and all sorts of other electronic communications. We have lists of all the people who bankroll them as well, along with a list of other interesting people you will find there.

Here, meanwhile, are the big men and women of media and technology who justify the travel budgets that increasingly hard-up news organizations have to put out for your favorite folks in the press corps to hide behind the hedges and hope for a handout that will break news, move markets and excite our editors. Keep in mind: this list is not a guarantee that these people are showing up; it’s just an invitation list (arranged alphabetically by company). We’ll update it as we learn more. (Our boldface names indicate some general viewpoint that they’re the stars of the stars.)

    James McCann, CEO, 1-800-flowers.com. Bobby Kotick, CEO, Activision Blizzard Inc. Also Brian Kelly, co-chairman. Jeff Bezos, CEO, Amazon.com Inc. Tim Armstrong, chairman and CEO, AOL Michael Ovitz, AMSEF LLC, former uber-talent agent at Creative Artists Agency and former Walt Disney Co executive. Gerhard Zeiler, CEO, RTL Group, Bertelsmann AG. Bill and Melinda Gates, of the foundation of the same name. Bill, of course, co-founded Microsoft Corp. Mark Vadon, executive chairman, Blue Nile Inc. James Dolan, president, CEO, Cablevision Systems Corp. Leslie Moonves, president, CEO, CBS Corp. Also Neil Ashe, president, CBS Interactive. Also Quincy Smith, CEO, CBS Interactive. (And a former Allen & Co man.) Charlie Rose, interviewer and anchor on the Charlie Rose Show Anthony Bloom, Cineworld plc Richard Parsons, chairman, Citigroup Inc. Former CEO, Time Warner Inc. Lowry Mays, chairman, Clear Channel Communications Inc. Ralph Roberts, founder, chairman emeritus, Comcast Corp. Also Stephen Burke, president and COO, Comcast Cable. Patrick Condo, president, CEO, Convera Corp. Jimmy Hayes, CEO, Cox Enterprises Inc. Richard Lovett, president, Creative Artists Agency Inc. Also Bryan Lourd, managing partner. Michael Dell, chairman and CEO, Dell Inc. Richard Rosenblatt, chairman and CEO, Demand Media. He used to work at MySpace’s parent company before News Corp bought it. Chase Carey, former DirecTV CEO and Rupert Murdoch’s new No. 2 man at News Corp. John Hendricks, founder and chairman, Discovery Communications. Also president and CEO David Zaslav. Jeffrey Katzenberg, CEO, DreamWorks Animation SKG. John Donahoe, president and CEO, eBay Inc. Dara Khosrowshahi, president and CEO, Expedia Inc. Facebook CEO Mark Zuckerberg. (We’ve heard conflicting reports about whether he’ll show. Either way, he’s still on our list.) Tom Freston, principal, Firefly3 LLC. Former Viacom executive. Martin Varsavsky, CEO, FON Jeff Immelt, chairman and CEO, General Electric Co. Jeff Zucker, CEO, NBC Universal. (GE) Ronald Meyer, president and COO, Universal Studios. (GE) Eric Schmidt, chairman and CEO, Google. Also co-founders Sergey Brin and Larry Page. Juan Luis Cebrian, CEO, Grupo Prisa. Also Ignacio Polanco, chairman. Emilio Azcarraga, chairman and president, Grupo Televisa. Also Alfonso de Angoitia, executive vp. Christopher Schroeder, CEO, HealthCentral. Also former CEO of Washingtonpost.Newsweek Interactive. Cathleen Black, president, Hearst Magazines. R. Todd Bradley, executive vp, personal systems group, Hewlett-Packard Co. Also CEO Mark Hurd. Barry Diller, chairman, CEO, IAC/InterActiveCorp. Also chairman, Expedia Inc. Also Victor Kaufman, vice chairman, IAC/InterActiveCorp. Lachlan Murdoch, executive chairman, Illyria Pty Ltd. Son of News Corp CEO Rupert Murdoch. Craig Barrett, former CEO, chairman, Intel Corp. Also Sean Maloney, executive vp, chief sales and marketing officer. Jeffrey Berg, chairman and CEO, International Creative Management. Also president Christopher Silbermann. Michael Volpi, formerly of Cisco Systems Inc and Joost. Eric Eisner, L+E Pictures. Son of former Walt Disney Co. CEO Michael Eisner. Kevin Reilly, CEO, Lamar Advertising Co. Michael Fries, president and CEO, Liberty Global Inc. John Malone, chairman, Liberty Media Corp. Also Greg Maffei, president and CEO. Reid Hoffman, chairman, president of products, LinkedIn Corp. Sam Altman, co-founder and CEO, Loopt Inc. Craig Mundie, chief research and strategy officer, advanced strategies and policy, Microsoft Corp. Also Robbie Bach, president of the entertainment and devices division, and Henry Vigil, senior vp, strategy and partnership. Rupert Murdoch, CEO, News Corp. Also with him is his second son, James Murdoch, chairman and CEO of News Corp’s Europe and Asia operations. Also Jonathan Miller, News Corp’s chairman and CEO for its digital media group. Former president and COO Peter Chernin, whose last day was June 30, is coming along too, in tow with CFO David DeVoe and new MySpace CEO Owen Van Natta. Gina Bianchini, CEO, Ning Inc. Jorma Ollila, chairman, Nokia Corp. Greg Wyler, founder, O3B Networks Ltd. Jeffrey Jordan, president and CEO, OpenTable Inc. Jeffery Boyd, president and CEO, priceline.com Inc. Maurice Levy, chairman and CEO, Publicis Groupe. Paul Jacobs, chairman and CEO, Qualcomm Inc. Robert Johnson, founder and chairman, the RLJ Companies. Jay Y. Lee, Samsung Electronics Co. Ltd. Kenneth Lowe, chairman, president and CEO. Scripps Networks Interactive. Mel Karmazin, CEO, Sirius XM Radio Inc. Max Levchin, CEO, Slide Inc. Sir Howard Stringer, chairman and CEO, Sony Corp. Also Kazuo Hirai, president of networked products and services group; Robert Wiesenthal, executive vp and CFO, Sony Corporation of America; Michael Lynton, chairman and CEO, Sony Pictures Entertainment; Hiroshi Yoshioka, executive deputy president, president of consumer products and devices group; and Nicole Seligman, top lawyer. Nick Grouf, CEO, Spot Runner Inc. Thomas Glocer, CEO, Thomson Reuters Corp, along with Niall FitzGerald, deputy chairman. Michael Eisner, the Tornante Company LLC. Former Walt Disney Co CEO. Lars Buttler, CEO, Trion World Network Inc. Evan Williams, co-founder and chairman, Twitter Inc. David Levin, CEO, United Business Media plc. James Berkus, chairman, United Talent Agency. Brad Grey, chairman and CEO, Paramount Pictures Corp (Viacom). Sumner Redstone, chairman, Viacom. Also Philippe Dauman, president and CEO. Jean-Bernard Levy, CEO, Vivendi. Robert Iger, president and CEO, Walt Disney Co. Also Thomas Staggs, CFO. Edgar Bronfman Jr, chairman and CEO, Warner Music Group. Donald Graham, chairman, CEO, The Washington Post Co. Casey Wasserman, chairman and CEO, Wasserman Media Group LLC. Harvey Weinstein, co-chairman, The Weinstein Co. Shelby Bonnie, CEO, Whiskey Media LLC. Jim Wiatt, William Morris Endeavor. Terry Semel, chairman and CEO, Windsor Media. Former Yahoo CEO. Martin Sorrell, CEO, WPP. Anne Mulcahy, chairman, Xerox Corp. Jerry Yang, chief Yahoo. Mark Pincus, founder, CEO, Zynga Inc.

CES: Tom Hanks brings Hollywood glitter to tech show

Tom Hanks and Sony CEO Howard Stringer might just have gained a little street cred with the tech crowd this week.

Onstage at the Consumer Electronics Show in Las Vegas, the pair of old buddies bantered, aimed gentle jibes at each other and got an appreciative audience rolling in their seats.

Hanks — displaying the same comedic flair he showed in “Big” — insisted he was here because it was written into his contract for starring in the upcoming, Sony-distributed “Angels and Demons”.

Moguls roll into Sun Valley

Media moguls — well really, tycoons of all kinds — trickled into the Sun Valley Lodge on Tuesday for Allen & Co’s annual pow wow in Sun Valley. Or, in the case of Rupert Murdoch, he drove a white Toyota SR5.

Here are some mugshots:

Rupert Murdoch

     Lachlan Murdoch     Bob Iger

Howard Stringer

     Gordon Crawford     Henry Vigil, Microsoft stategy chief
No wonder the swans got scared.

(Photos: Reuters)

Swans