2 items from 2010
As Rupert Murdoch, Bob Iger and other media honchos assemble in Sun Valley next week for some fly-fishing or white water rafting, spirits should be brighter than a year ago: Stock prices are up by about a third, after all.
That alone provides the currency and freedom to get down to the real business of the media summit, one that boutique investment bank Allen & Co. annually hosts in the shadow of the Pioneer Mountains in Idaho. For the past 27 years, the Sun Valley Lodge has been the spot where blockbuster media deals have been hatched.
Even in 2009, when advertising revenue nosedived, Comcast's co-founder Ralph Roberts had the moxie to talk to General Electric CEO Jeff Immelt about a deal for NBC Universal.
This year, it could be Disney CEO Iger who finds himself center stage amid speculation he may shop ABC -- something Disney has denied. Or veteran dealer Barry Diller from Iac/InterActiveCorp, »
- By Paul Thomasch, Reuters
Betty White makes us laugh. In Sandra Bullock's The Proposal, in that Super Bowl Snickers commercial, on Saturday Night Live. You name it, and in the past year, she's killed in it. But we got to wondering: Does White make us laugh because she's funny—or because people happen to think the elderly are funny? Now, just to so you know, the old-lady pass does indeed exist. In fact, old men get to use it, too. "Absolutely," agreed professor Paul Levinson, who lectures on television and media at Fordham University. "George Burns is probably the archetypal example of that." The old-people pass, let's call it now, holds that something is funnier merely because »
2 items from 2010
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