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Herb Allen’s Sun Valley Conference – 2012 – Day 1 – Disappearing Mogul

Allen & Company retreat, Ari Emanuel, Barry Diller, Ben Silverman, Bob Iger, Carol Bartz, DumbDumb, Electus, Eric Schmidt, Gina Bianchini, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, Khan Manka, Lady Gaga, Leslie Moonves, Lloyd Grohl, Manka Bros., Marissa Mayer, Mark Pincus, Mark Zuckerberg, Peter Chernin, Phillippe Dauman, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Steve Jobs, Sun Valley Retreat, Sun Valley Retreat 2010, Terry Semel, World's Largest Media Company, Chase Carey, James Murdoch, Elisabeth Murdoch, Lachlan Murdoch, Jim Gianopulos, Joel Klein, Jon Miller, Steve Burke, Michael Angelakis, Leslie Moonves, Philippe Dauman, Jeff Bewkes, John Martin, Howard Stringer, Rob Wiesenthal, Michael Lynton, John Malone, Greg Maffei, Haim Saban, David Zaslav, John Hendricks, Mike White, Edgar Bronfman, Len Blavatnik, Tim Armstrong, Peter Chernin, Tom Freston, Carol Bartz, Jerry Yang, Mark Pincus, Owen Van Natta, Brian Roberts, Jason Kilar, Wayne Willich, Reid Hoffman, Harvey Weinstein, Diane Von Furstenberg, Andrew Mason, Jason Kilar, Ben Horowitz, Gina Bianchini, Mark Pincus, Ali Pincus, Robert Wiesenthal, Tom Freston, Bing Gordon, Bill Gates, Chris Christie, Martin Sorrell, Eric Lefkofsky, Oprah Winfrey, Jeff Bezos, Tim Cook, Cory Booker, Michael Bloomberg, Joel Klein, Lachlan Murdoch, James Murdoch, Bobby Kotick, Marc Andreessen, Peter Thiel, Dick Costolo, Ross Levinsoh, Paul Sagan, Leslie Moonves, Tim Armstrong, Glenn Britt, Donald Graham, Kazuo Hirai, Howard Stringer, Jae-Yong Lee, Bryan Lourd, Ron Meyer, Brad Grey, Edmund Lee, Anthony Palazzo, John Malone, Chris Silbermann, Jim Berkus, Roger Goodell, David Stern, Chris Christie, Julius Genachowski, Erin Burnett, Charlie Rose, Becky Quick, Todd Davidson, Reed Hastings, Terry Semel, Jerry Yang, Ken Allen, Laurene Powell Jobs, Jean-Bernard Levy, Lucian Grainge, Jonathan Boyar, Mark Pincus, Michael Lynton, Mandy Tavakol, Mario Monti, Dave DeVoe, John Martin, Brian Roberts, David Zaslav, Mel Karmazin, Carol Bartz, Scott Thompson, Jason Kilar, King Abdullah II, Queen Rania, Queen Noor, #sv12, #Sunvalley2012, #allencoHerb Allen’s Sun Valley Conference – 2012

Day 1Day 2 – Day 3

“The sun was warmer then.”

This may be the last year I come here.

If I was looking for a complete waste of time, I would have gone back to Comic-Con.

You know the world is f-ed when you realize you are sitting in a ballroom with many of the world’s most powerful men (and WOMAN) in media and politics and the main topic of conversation is the temperature in the room.

Half of the room is wearing comfortable summer clothes (short sleeve shirts accentuating the effects of personal trainers) and the other half is wearing sweaters and badgering the wait staff to ‘turn up the Goddamned heat!’

It’s mostly generational (young = muscle shirt; old = sweater) with the exception of Bob Iger – but he’ll age and get fat one day (and it won’t be pretty).

I have two questions as Herb Allen’s 2012 Conference gets under way:  How long will we have to endure pointless PowerPoint presentations about bullshit made-up research and how soon can we get to the bar?  (I have a feeling these are also Oprah’s questions.)

I am, however, very excited that the Prime Minister of Italy (Mario Monti) is here and can’t wait to get a taste of his private wine stash (I heard he brought his own booze in a giant steamer trunk).

I’ve told bartender virtuoso Bin Tran to swap out the wine of one of Mr. Monti’s prized bottles with California’s own Two Buck Chuck.  I’ll try to take a video of his reaction – see if I can make Herb’s end-of-conference blooper reel (which is always dominated by Jeffrey Katzenberg and his animal calls).

Allen & Company retreat, Ari Emanuel, Barry Diller, Ben Silverman, Bob Iger, Carol Bartz, DumbDumb, Electus, Eric Schmidt, Gina Bianchini, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, Khan Manka, Lady Gaga, Leslie Moonves, Lloyd Grohl, Manka Bros., Marissa Mayer, Mark Pincus, Mark Zuckerberg, Peter Chernin, Phillippe Dauman, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Steve Jobs, Sun Valley Retreat, Sun Valley Retreat 2010, Terry Semel, World's Largest Media Company, Chase Carey, James Murdoch, Elisabeth Murdoch, Lachlan Murdoch, Jim Gianopulos, Joel Klein, Jon Miller, Steve Burke, Michael Angelakis, Leslie Moonves, Philippe Dauman, Jeff Bewkes, John Martin, Howard Stringer, Rob Wiesenthal, Michael Lynton, John Malone, Greg Maffei, Haim Saban, David Zaslav, John Hendricks, Mike White, Edgar Bronfman, Len Blavatnik, Tim Armstrong, Peter Chernin, Tom Freston, Carol Bartz, Jerry Yang, Mark Pincus, Owen Van Natta, Brian Roberts, Jason Kilar, Wayne Willich, Reid Hoffman, Harvey Weinstein, Diane Von Furstenberg, Andrew Mason, Jason Kilar, Ben Horowitz, Gina Bianchini, Mark Pincus, Ali Pincus, Robert Wiesenthal, Tom Freston, Bing Gordon, Bill Gates, Chris Christie, Martin Sorrell, Eric Lefkofsky, Oprah Winfrey, Jeff Bezos, Tim Cook, Cory Booker, Michael Bloomberg, Joel Klein, Lachlan Murdoch, James Murdoch, Bobby Kotick, Marc Andreessen, Peter Thiel, Dick Costolo, Ross Levinsoh, Paul Sagan, Leslie Moonves, Tim Armstrong, Glenn Britt, Donald Graham, Kazuo Hirai, Howard Stringer, Jae-Yong Lee, Bryan Lourd, Ron Meyer, Brad Grey, Edmund Lee, Anthony Palazzo, John Malone, Chris Silbermann, Jim Berkus, Roger Goodell, David Stern, Chris Christie, Julius Genachowski, Erin Burnett, Charlie Rose, Becky Quick, Todd Davidson, Reed Hastings, Terry Semel, Jerry Yang, Ken Allen, Laurene Powell Jobs, Jean-Bernard Levy, Lucian Grainge, Jonathan Boyar, Mark Pincus, Michael Lynton, Mandy Tavakol, Mario Monti, Dave DeVoe, John Martin, Brian Roberts, David Zaslav, Mel Karmazin, Carol Bartz, Scott Thompson, Jason Kilar, King Abdullah II, Queen Rania, Queen NoorSo, on the fun side, there should be a few highlights.

On the business side, it’s Goddamned depressing.

I look around the room at my friends and see nothing but old white men – men who were once powerful but now frail.

And I’m one of them, I fear.

“Disruption” is a current buzz word in the media business but everyone should remember, my old mogul friends freakin’ invented media disruption:

In the 1920s, Sumner Redstone helped usher in the transition from silent movies to sound.

In the 1940s, Barry Diller convinced a reluctant movie industry to start producing content for a new technology called “television.”

In the 1960s, Bob Iger convinced the black & white television industry to transition to a new technology called “color television.”

In the 1980s, if it wasn’t for me, Hollywood’s iconic, beautifully rendered animated characters wouldn’t have started showing up in Happy Meals and on Big Gulp cups.

Allen & Company retreat, Ari Emanuel, Barry Diller, Ben Silverman, Bob Iger, Carol Bartz, DumbDumb, Electus, Eric Schmidt, Gina Bianchini, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, Khan Manka, Lady Gaga, Leslie Moonves, Lloyd Grohl, Manka Bros., Marissa Mayer, Mark Pincus, Mark Zuckerberg, Peter Chernin, Phillippe Dauman, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Steve Jobs, Sun Valley Retreat, Sun Valley Retreat 2010, Terry Semel, World's Largest Media Company, Chase Carey, James Murdoch, Elisabeth Murdoch, Lachlan Murdoch, Jim Gianopulos, Joel Klein, Jon Miller, Steve Burke, Michael Angelakis, Leslie Moonves, Philippe Dauman, Jeff Bewkes, John Martin, Howard Stringer, Rob Wiesenthal, Michael Lynton, John Malone, Greg Maffei, Haim Saban, David Zaslav, John Hendricks, Mike White, Edgar Bronfman, Len Blavatnik, Tim Armstrong, Peter Chernin, Tom Freston, Carol Bartz, Jerry Yang, Mark Pincus, Owen Van Natta, Brian Roberts, Jason Kilar, Wayne Willich, Reid Hoffman, Harvey Weinstein, Diane Von Furstenberg, Andrew Mason, Jason Kilar, Ben Horowitz, Gina Bianchini, Mark Pincus, Ali Pincus, Robert Wiesenthal, Tom Freston, Bing Gordon, Bill Gates, Chris Christie, Martin Sorrell, Eric Lefkofsky, Oprah Winfrey, Jeff Bezos, Tim Cook, Cory Booker, Michael Bloomberg, Joel Klein, Lachlan Murdoch, James Murdoch, Bobby Kotick, Marc Andreessen, Peter Thiel, Dick Costolo, Ross Levinsoh, Paul Sagan, Leslie Moonves, Tim Armstrong, Glenn Britt, Donald Graham, Kazuo Hirai, Howard Stringer, Jae-Yong Lee, Bryan Lourd, Ron Meyer, Brad Grey, Edmund Lee, Anthony Palazzo, John Malone, Chris Silbermann, Jim Berkus, Roger Goodell, David Stern, Chris Christie, Julius Genachowski, Erin Burnett, Charlie Rose, Becky Quick, Todd Davidson, Reed Hastings, Terry Semel, Jerry Yang, Ken Allen, Laurene Powell Jobs, Jean-Bernard Levy, Lucian Grainge, Jonathan Boyar, Mark Pincus, Michael Lynton, Mandy Tavakol, Mario Monti, Dave DeVoe, John Martin, Brian Roberts, David Zaslav, Mel Karmazin, Carol Bartz, Scott Thompson, Jason Kilar, King Abdullah II, Queen Rania, Queen NoorAnd even today, my good friend Rupert Murdoch is changing the way news is gathered.  By tapping directly into the victim’s phone messages, he has bypassed the tedious step of finding a credible source to get that same information.

These were seismic shifts in our industry.  And now, we’re irrelevant?

As a sign of the times, just outside the ballroom here at the Sun Valley Lodge, LinkedIn CEO Jeff Weiner was sitting at a table by himself hoping to sign copies of his Forbes Magazine cover (he also has poster sized ones available for $100).

That used to be Michael Eisner out there signing shit!

(Personally, I think being on the cover of Forbes is the equivalent of a football player being on the cover of Madden NFL.  Others recently on the cover of Forbes include Andrew Mason, Paul Graham and Justin Bieber.)

If you only read Forbes, you would think Silicon Valley is the future of all media!

So… is Hollywood done?

Definitely… if you listen to the heads of the top Silicon Valley companies.  According to them, they’ve got it all figured out.  The general opinion there is that Hollywood is old, out of touch and getting older and out of toucher by the day.

Well, we’ll see about that, my young padawans.

Remember the first “Karate Kid” (30 years ago) when Mr. Miyagi kicks four young karate students’ asses in about 15 seconds?  Hollywood is Mr. Miyagi.

Sure, you say, that’s a movie and not real.  Bull shit, I say.  Hollywood movies are in our DNA (something Silicon Valley will never understand) and we know how to manufacture happy endings.

Allen & Company retreat, Ari Emanuel, Barry Diller, Ben Silverman, Bob Iger, Carol Bartz, DumbDumb, Electus, Eric Schmidt, Gina Bianchini, Herb Allen, Herb Allen Sun Valley Conference, Herbert Allen, Jeff Bewkes, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jerry Yang, Khan Manka, Lady Gaga, Leslie Moonves, Lloyd Grohl, Manka Bros., Marissa Mayer, Mark Pincus, Mark Zuckerberg, Peter Chernin, Phillippe Dauman, Reid Hoffman, Richard Parsons, Ricky Van Veen, Rupert Murdoch, Sergey Brin, Sheryl Sandberg, Steve Jobs, Sun Valley Retreat, Sun Valley Retreat 2010, Terry Semel, World's Largest Media Company, Chase Carey, James Murdoch, Elisabeth Murdoch, Lachlan Murdoch, Jim Gianopulos, Joel Klein, Jon Miller, Steve Burke, Michael Angelakis, Leslie Moonves, Philippe Dauman, Jeff Bewkes, John Martin, Howard Stringer, Rob Wiesenthal, Michael Lynton, John Malone, Greg Maffei, Haim Saban, David Zaslav, John Hendricks, Mike White, Edgar Bronfman, Len Blavatnik, Tim Armstrong, Peter Chernin, Tom Freston, Carol Bartz, Jerry Yang, Mark Pincus, Owen Van Natta, Brian Roberts, Jason Kilar, Wayne Willich, Reid Hoffman, Harvey Weinstein, Diane Von Furstenberg, Andrew Mason, Jason Kilar, Ben Horowitz, Gina Bianchini, Mark Pincus, Ali Pincus, Robert Wiesenthal, Tom Freston, Bing Gordon, Bill Gates, Chris Christie, Martin Sorrell, Eric Lefkofsky, Oprah Winfrey, Jeff Bezos, Tim Cook, Cory Booker, Michael Bloomberg, Joel Klein, Lachlan Murdoch, James Murdoch, Bobby Kotick, Marc Andreessen, Peter Thiel, Dick Costolo, Ross Levinsoh, Paul Sagan, Leslie Moonves, Tim Armstrong, Glenn Britt, Donald Graham, Kazuo Hirai, Howard Stringer, Jae-Yong Lee, Bryan Lourd, Ron Meyer, Brad Grey, Edmund Lee, Anthony Palazzo, John Malone, Chris Silbermann, Jim Berkus, Roger Goodell, David Stern, Chris Christie, Julius Genachowski, Erin Burnett, Charlie Rose, Becky Quick, Todd Davidson, Reed Hastings, Terry Semel, Jerry Yang, Ken Allen, Laurene Powell Jobs, Jean-Bernard Levy, Lucian Grainge, Jonathan Boyar, Mark Pincus, Michael Lynton, Mandy Tavakol, Mario Monti, Dave DeVoe, John Martin, Brian Roberts, David Zaslav, Mel Karmazin, Carol Bartz, Scott Thompson, Jason Kilar, King Abdullah II, Queen Rania, Queen NoorThere are already signs Silicon Valley is losing a bit of its swagger.

Last year, with a “guaranteed blockbuster IPO” on the horizon, I remember Mark Zuckerberg and Sheryl Sandberg arrived at the Conference on Hoverboards.

This year, they came on a bus.

So… the battle is joined on the neutral territory of the Sun Valley Lodge.

Hollywood vs. Silicon Valley.  One will win.  One will go back to their parents’ basement.

May God have mercy on us all.

Adam Fogelson, Alan Spoon, Alexander von Furstenberg, Angela Bromstad, Ari Emanuel, Arthur Martinez, Barry Diller, Ben Silverman, Bob Iger, Brad Grey, Brian Roberts, Bryan Lourd, Chase Carey, Craig Smith, David Geffen, David Rosenblatt, Donald R. Keough, Donna Langley, Edgard Bronfman, Electus, Ezra Kucharz, fairy tale movies, Graham Stanton, Greg Blatt, Greg Morrow, Greg Stevens, Gregg Winiarski, Hans Woolley, Harry Sloan, Hey Diddle Diddle, Jason Stewart, Jay Herratti, Jeff Sagansky, Jeff Weiner, Jeff Zucker, Jeffrey Immelt, Jeffrey Katzenberg, Jill Kennedy, Joanne Hawkins, Joey Levin, John C. Malone, John Ferriter, John Foley, John Malone, Josh Abramson, Jr., Kara Swisher, Khan Manka, Louis Castle, Manka Bros., Mark Stein, Michael Eisner, Michael Schwerdtman, Michael Zeisser, Nikki Finke, Notional, On Medea, OnMedea, Paul Telegdy, Peter Chernin, Phillippe Dauman, Richard F. Zannino, Rick Finkelstein, Ricky Van Veen, Ron Meyer, Rupert Murdoch, Scott Garell, Scott Savitz, Shana Fisher, Sharon Waxman, Stacey Snider, Steve Burke, Steve Jobs, Steven Spielberg, Sumner Redstone, Terry Semel, Thomas J. McInerney, Tina Brown, Tony DiSanto, Victor KaufmanKhan Manka, Jr. – Chairman & CEO – Manka Bros. StudiosThe World’s Largest Media Company

 

 

 

Permanent link to this article: http://mankabros.com/blogs/chairman/2012/07/10/herb-allens-sun-valley-conference-2012-day-1-disappearing-mogul/

13 comments

2 pings

  1. Who cares about moguls says:

    Nobody cares when moguls get together at a resort. Isn’t Sumner Redstone dead?

  2. Robert Salisbury says:

    I’m stuck on the tarmac waiting for my plane to get me to Sun Valley.

  3. Harold Kumar says:

    Much like yourself, Mr. Manka, old media moguls are real assholes and would never willingly give up power. You are mistaken if you think the old school is going to fade away without a fight. Though I have been in those hotel ballrooms before and it normally is goddamned cold and they need to turn up the goddamned heat!

  4. Boring says:

    thank god your there Khan. the sun valley mogulfest has gotten boring, predictable, gross: a travesty there is no women.

  5. Shelly a says:

    Woman are too smart to attend this complete waste of time and egos.

  6. Richard Longnecker says:

    It’s very simple, Khan, keep making crap and you will become irrelevant. Make good shit, stay relevant. It’s not that difficult.

  7. Evan Benz says:

    The last time a collection of this many great minds got together to collaborate on a project – they started World War 2.

    But since none of this people are as smart as Albert Einstein or Winston Churchhill.

    I expect nothing more then another Talent Show or possibly a new Boy Band.

  8. Bin Tran says:

    Quit hacking out this drivel on your damn playbook and get back to the bar and tip my ass!

    1. Chairman says:

      Dude – you are a great man and an excellent bartender. But I am sitting right in front of you typing this and I can now say to all the world – YOU HAVE FAILED, SIR, TO GET ME DRUNK! FOR SHAME!

      1. Bin Tran says:

        Ran into town to pick up a case of Shmirnoff and 2 bottles of Mezcal’s with your name on it for this evening. Was zuck up for the worm challenge?

        1. Chairman says:

          You’re a great man, Bin Tran. Zuck’s not up for anything. He’s all talk.

  9. Green Green Grass says:

    What? No gambling? No hookers? WTF kind of man-fest is this? If I’m traveling on the company’s tab I expect indulgences.

  10. American Bob says:

    Murdoch needs to be deported back to Australia. Then he can get in line behind 12 million latinos to gain citizenship.

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