Sun Valley: So Many Companies, So Few Deals
The biggest media and tech companies are meeting at the annual Allen & Co. conference in Sun Valley, Idaho, but so far, not many deals have been reached.
Among them, however, Vivendi and Activison completed an $8 billion deal to create Activision Blizzard, and Intel and Dreamworks partnered up in 3D.
Gaming on the Economy
"We're now the largest, most profitable video game software company in the world, we have probably the most talented group of development people in the industry and we've got a footprint now globally that covers countries like China and Korea."
— Robert Kotick, Activision chairman/CEO
Intel and DreamWorks 3D Deal
"It’s just going to be revolutionary. Not only for how we make our movies, but really, more importantly, for how people get to see films. I think it’s going to completely reinvent the movie-going experience."
—Jeffrey Katzenberg, DreamWorks co-founder
The View From Sun Valley
"The attendees are talking a lot about how much the two sides of the media and tech industry really need each other, and how this conference serves a crucial role in getting old media up to speed on new tech."
— CNBC's Julia Boortsin