It’s no surprise that the biggest story that came out of last week’s so-called “summer camp for billionaires,” the once high-profile Allen & Co. media conference, involved the investment bank directing its band of goon-squad security guards to chase away reporters from doing their job of interviewing some of the A-listers who still attend.
The get-together on the lush grounds of the Sun Valley Lodge in Idaho is an also-ran because Big Media isn’t so big anymore.
Sure, some moguls still have their billions, but most run companies that are melting away, having been hurt by secular forces in their business. Their hold on American culture has also waned considerably as consumers of entertainment and news increasingly boycott wokeism.
It’s no surprise that the biggest story that came out of last week’s “summer camp for billionaires,” the once high-profile Allen & Co. media conference, involved the investment bank