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Posts Tagged ‘King Abdullah’

The King Speaks and Jerry Yang Shows Up

SV200814.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

As Herb Allen‘s Sun Valley retreat started to wind down Friday afternoon, some key executives were already boarding their Lear Jets and scooting home, missing out on speeches from the two RICHEST men in the world. They will all miss former Microsoft chair Bill Gates and Berkshire Hathaway’s Warren Buffett tomorrow. Mediabistro will stick around in Sun Valley in beautiful weather (82 degrees and sunny) to gather up whatever crumbs can be taken from the rich men talks.

A presentation by Jordan’s King Abdullah II was well received by a few hundred conference-goers, but nobody wanted to talk about what the Jordanian said. Maybe they were concerned about their oil stocks. Security wasn’t especially heavy for the King, but the feeling on Herb Allen campus was that if any disruptions were started, the crack NYPD-filled security staff would take them down.

Yang_7.11.jpgYahoo! CEO Jerry Yang showed up in Sun Valley just in time to get an earful of complaining in the media about the earthworm status of the Yahoo!/Microsoft merger talks. He did meet quietly with the Google boys, co-founders Sergey Brin and Larry Page as well as CEO Eric Schmidt, but that was presumably made to discuss the display advertising deal that the two companies cut a few weeks back.

Meanwhile, Yahoo! President Sue Decker practically threw her arms up and gave in to media queries about what’s going to happen.

“Forget tomorrow, but in six months where will you be and where will Yahoo! be?” asked one intrepid journo.

“I have no idea,” Decker moaned.

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Where’s Rupert’s Wedding Ring?

SV200812.jpgDan Cox, on special assignment for FishbowlLA, covering the 2008 Sun Valley Media Conference.

Rupert Murdoch has been seen all over Sun Valley with his wife Wendi, but he didn’t want to see her last night because he was missing an important element — his wedding ring.

RupertWendi_7.11.jpgMurdoch was searching all the couches in the Sun Valley Lodge lobby where he said he had been sitting. He also worried that he might have lost it at dinner.

But we figure, he shouldn’t worry too much. Our guess is he can afford another one.

Former Yahoo! CEO and Warner Bros. co-chair Terry Semel was irritated at reporters yesterday, avoiding troublesome questions about a potential takeover of Teddy Forstmann‘s management company IMG.

Semel admits he made a bid for the media giant, thought to be $3 billion.

“I wanted to take their management firm and turn it into a media company with a focus on digital distribution,” Semel said. The former CEO was trying to do exactly the same thing with Yahoo! before they fired him.

But he never got an answer from Forstmann, which left Semel a bit perturbed at the media for writing a non-story and dressing it up like reality.

“You saw the stories; it looks like no,” he said.

So he said he’ll go back to the drawing board and find another company to hunt.

Another Sun Valley rumor that seems to have been shot down was the notion that President Clinton was to show up here today. We thought he might have wanted to take in Jordanian King Abdullah II’s speech. But he has yet to be spotted.