Viacom CEO Philippe Dauman will skip the annual gathering of moguls in Sun Valley, Idaho, avoiding the possible awkwardness of an encounter with arch rival Shari Redstone.
“Mr. Dauman had planned to join the Allen & Co. conference but is attending to pressing business matters,” Viacom said in a statement.
Meanwhile, the president of National Amusements, which owns a controlling interest in Viacom, has been seen all over the event over the last few days. Shari Redstone was even photographed getting into a car with CBS boss Les Moonves.
Shari Redstone’s ailing and aging father, Sumner Redstone, recently booted Dauman and board Viacom member George Abrams from National Amusements’ Board of Directors and his family trust. Meanwhile, accusations of Shari’s manipulation of her dad’s decision-making have flown through media statements and legal records.
Allen & Co.’s annual event, which is referred to as “summer camp for billionaires,” includes tech and entertainment industry moguls. The conference features several days of high-level discussions about business and the economy, which are completely off limits to the media.
Also scheduled to be in attendance are Disney CEO Bob Iger, Facebook COO Sheryl Sandberg, DreamWorks CEO Jeffrey Katzenberg, Facebook CEO and chairman Mark Zuckerberg, NBCUniversal vice chairman Ron Meyer, NFL commissioner Roger Goodell, New England Patriots owner Bob Kraft and News Corp’s Rupert, Lachlan and James Murdoch .
Look Who's Going to Allen & Co's 2016 Sun Valley Conference (Photos)
Power brokers from across top American media industries (and a few foreign leaders) head to the annual Allen & Co. retreat to make deals and rub shoulders
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Bob Iger Chairman and CEO, Walt Disney Company
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Sheryl Sandberg Chief Operating Officer, Facebook
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From left: Lachlan, Rupert and James Murdoch Rupert is Executive Chairman of News Corp. His sons Lachlan and James are Co-CEOs of 21st Century Fox
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Jeffrey Katzenberg CEO, DreamWorks Animation (*just sold to NBCUniversal)
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Shari Redstone Non-Executive Chairman, Viacom; National Amusements Board and Redstone Trust
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Philippe Dauman CEO, Viacom
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Mark Zuckerberg Chairman and CEO, Facebook
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Ron Meyer Vice Chairman, NBCUniversal
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Les Moonves President and CEO, CBS Corp
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Justin Trudeau The Canadian Prime Minister will address an exclusive breakout session of top executives.
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Mike Ovitz Former President of The Walt Disney Company; Co-founder, CAA
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Elon Musk Tesla Motors and SpaceX magnate, to name a few (pictured in Sun Valley with wife Talulah in 2015)
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Nick Woodman Founder and CEO, GoPro
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Brian Roberts CEO, Comcast
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Ben Sherwood Co-Chairman, Disney Media Networks
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David Zaslav CEO, Discovery Communications
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Dick Costolo Former CEO, Twitter; Partner, Index Ventures
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From the Murdoch men to a warring Shari Redstone and Philippe Dauman, here are the bold names headed to the Idaho power retreat
Power brokers from across top American media industries (and a few foreign leaders) head to the annual Allen & Co. retreat to make deals and rub shoulders