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Illustration by Danielle Davis
Media/Telecom Entertainment

At Sun Valley, Plenty of Sellers but Few Buyers

By  |  July 8, 2019 7:01 AM PDT
Photo: Illustration by Danielle Davis

Media and tech moguls gather at Sun Valley in Idaho this week for the annual Allen & Co. conference after one of the biggest years for deals in media in decades. Now the question is which company will be swallowed up next.

Among the most likely targets are smaller film and TV studios: MGM, Lionsgate and possibly Sony Pictures and cable channel giant Discovery, each of which are likely too small to compete longer term in a landscape dominated by giants like newly enlarged Disney, Comcast, AT&T, Amazon and Netflix. Spanish broadcaster Univision is also a likely target as it has reportedly tapped bankers to explore a sale. Below we look in more detail at potential targets.

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