No Deal

Media Moguls Stand Pat

Media moguls are meeting this week in Sun Valley, Idaho. What should they do? Something. Anything, writes Peter Lauria in the New York Post. Sun Valley used to be the place where big deals went down, but that hasn’t happened since Michael Eisner’s Disney bought ABC in 1995. Now the moguls fly fish and wine and dine at the estimated cost of $10 million for the week. “A big transaction would also help restore the conference's luster as a dealmaking Mecca,” Lauria writes.