![]() ![]() I just hope it doesn't typecast him as a Wall Street-type, although I love him in The Big Short too. Kendall Roy is one of the most brilliant (and surprisingly sympathetic) characters I've seen, a mixture of Christopher Moltisanti and Jesse Pinkman, with a slice of your average venture capitalist. I want Jeremy Strong to win an Emmy this year so badly. Of course, much of this is possible because of the phenomenal cast. Hostile takeovers are usually not exciting to people uninterested in the financial world, but this show makes sure you understand the stakes involved. And I don't remember a character-driven drama being this thrilling. The show both revels in and critiques the world it bases itself in. Succession makes sure that behind the gaudy, showy nature of the Roy family, the ugliness of their existence is visible to you, even in the most subtle ways. Every little interaction is important, and affects another character on some or the other level significantly. Not since The Sopranos have I seen an interplay of character dynamics this good, especially the toxic traits of those characters. I had absolutely no idea that the show would exceed my expectations by a large mile. Coupled with a backdrop of corporate America, it seemed like a show right up my alley. Five months later, it was announced that GE would sell its controlling interest in NBCUniversal to Comcast.Why I was attracted to watching Succession in the first place was because I had heard that it had no likeable characters. In 2009, Comcast co-founder Ralph Roberts and then-COO Steve Burke met with GE CEO Jeffrey Immelt in Sun Valley. had agreed to purchase Dow Jones for about $5 billion. Within days of the close of the conference, the Wall Street Journal reported that News Corp. In 2007, the availability of Dow Jones & Co. Within three years, Time Warner dropped AOL from its name and took a $99 billion write-down because of the ill-fated merger. In 1999, Time Warner CEO Gerald Levin had a conversation with AOL CEO Steve Case that several months later resulted in AOL Time Warner, a $164 billion deal. Nine years later, he was named Disney CEO. Three weeks after the 1996 Sun Valley gathering, Disney purchased CapCities/ABC for $19 billion, a deal that brought Bob Iger to the conglomerate. Here, though, are some examples of past deals that appear to trace their beginnings to the Sun Valley extravaganza. This year is expected to be no different, though specific predictions are difficult. Media moguls typically use the conference hosted by Allen & Co., a boutique investment banking house, to schmooze (one attendee last year called it a “ suckfest”) and sometimes brainstorm potential partnerships, acquisitions and mergers. Last year, OWS activists wearing T-shirts emblazoned with “Greed Kills” hung a banner reading “White Collar Crime Scene” and laid on the ground as if murdered near a restaurant where Google co-founder Sergey Brin and New York Mayor Michael Bloomberg were dining. Probably not making a repeat performance this year will be Occupy Wall Street protesters, given that the movement has lost significant steam over the past several months. It’s not known yet whether Barry Dillerwill make the trip (he did last year), but his Aereo, which some TV executives deem a fancy device for enabling piracy, no doubt will monopolize a few conversations whether or not he’s there to defend the gadget. It’s down even further since last year’s event. Bids are due Friday, and DirecTV and a couple of other suitors reportedly are willing to shell out more than $1 billion for the streaming-media company, which garnered $695 million in revenue in 2012 from advertising and from the 4 million subscribers to its Hulu Plus service.Īnother repeating topic might be the performance of Facebook stock, given that its high-profile initial public offering was just 2 months old at the last gathering, but its stock had already dropped like a stone and made a partial comeback by then. This year, industry insiders no doubt will already know details of a bidding process that’s underway. and NBCUniversal – were wondering aloud what to do with the Internet asset. Last year and the year prior to that, its owners – Disney, News Corp. This year, attendees can gauge the early success of that decision, given that Friday will mark the first day that 21st Century Fox and the new News Corp are officially considered separately traded companies.Īnother repeat might be Hulu. was a hot topic, given it had recently announced its intention to split into two entities. PHOTOS: 10 Highly-Paid Entertainment CEOs Wendi Deng was there last year but probably won’t be this year because Rupert Murdoch is divorcing her. is expected to be well represented, with Rupert Murdoch and sons James and Lachlan Murdoch scheduled and probably president and COO Chase Carey, too. ![]()
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