This is where industry leaders meet to buy up any small startups that have the potential to siphon off some of the market share from the dominant handful who are in control. It’s also the place where they develop and agree upon new Orwellian terms of service, gate-keeping strategies, and censorship tactics for the major social media platforms to make sure certain voices and messages don’t get too loud.
The conference is hosted by a mysterious investment bank headquartered on Fifth Avenue in New York City called Allen & Company which deliberately tries to avoid publicity, and for many years didn’t even have a website. They were one of the underwriters for Google’s initial public offering (IPO) in 2004 and did the same thing for Twitter when they went public in 2013. Allen & Company have a long history of brokering major media deals we all hear about, while keeping themselves largely out of the spotlight.
Fortune magazine once said, “To say the firm is unusual would be an understatement.” 347It’s a privately held company so their financial records are not public like they would be if they were traded on the New York Stock Exchange like other major financial institutions. Who attends the Sun Valley Conference and what is discussed there is also confidential, but it is impossible for some of the high-profile attendees to stay under the radar.
“All the signs are well recognized,” reports The Idaho Mountain Express , Sun Valley’s local paper, which says it’s obvious to the residents of the small town when the conference occurs: “The sudden parking of 50 sleek corporate jets at Friedman Memorial Airport in Hailey, the hiring of dozens of local escorts and baby-sitters for VIP families, the presence of celebrities such as TV’s Oprah Winfrey, Disney’s Michael Eisner and Microsoft’s Bill Gates, and the recent post-9/11 heavy security with Allen-imported guards.” 348
This is the place where Comcast agreed to acquire NBC Universal in 2009◦— the parent company of NBC Broadcasting, Universal Pictures, DreamWorks, Syfy, E!, USA Network, Bravo, The Weather Channel, Telemundo, and many more. It’s also where the America Online and Time Warner merger was negotiated, creating AOL Time Warner; 349where Microsoft’s merger with NBC was settled, forming MSNBC the 24-hour cable news channel; where Instagram and WhatsApp were bought by Facebook; where Microsoft bought LinkedIn; and where BET (Black Entertainment Television) was sold to Viacom, making the channel’s founder Robert Johnson the first black billionaire in America. 350
Viacom (which also owns MTV, Nickelodeon, Spike, VH1, Comedy Central, Paramount Pictures, and many more media assets) is responsible for turning BET from what was supposed to be a network about African American issues, into a ghetto-culture channel that airs rap videos and TV shows encouraging the very worst aspects of the black community. Co-founder Sheila Johnson later admitted that she was ashamed of what happened to BET after she and her husband Robert sold it to Viacom at the Sun Valley Conference. 351
This is the place where new and promising media and tech companies (which are often one in the same now) are bought up by major media conglomerates like Viacom, Time Warner, CBS, Disney, News Corporation, and Comcast (also known as the Big Six media monopolies) which work together to buy any new emerging tech companies, social media platforms, news websites or apps which they feel could grow into threats to their oligarchy.
While the meeting receives little press coverage, The New York Times once admitted, “Yes, high-net-worth individuals, many of whom have their hands on the levers of the media and entertainment economy, gather in one place, and business is undoubtedly being conducted. But anything noteworthy takes place out of view. In fact, much is out of view.” 352
Facebook founder Mark Zuckerberg, Microsoft founder Bill Gates, Apple’s CEO Tim Cook, the founders and CEOs of Google, YouTube, Yahoo, Twitter, Instagram, WhatsApp, and most of the top names in tech and social media startups, are all there. 353While it may not seem all that strange to have an annual gathering of the top names in media and tech, what is strange is the fact the heads of U.S. intelligence agencies are also in attendance. When he was director of the CIA, George Tenet was the Sun Valley keynote speaker in 2003 and again in 2005. 354And after he retired from the Agency, he still regularly attends. 355When General David Petraeus was the director of the CIA, he too attended, as is customary for the head of the Agency each year. 356
Why would the head of the CIA be meeting with the CEOs of all the top tech and media companies? In her book The CIA in Hollywood , media analyst Tricia Jenkins notes, “The purpose of the meeting is to discuss collective media strategy for the coming year.” 357This likely involves lobbying the tech giants to include back doors in their software to enable the U.S. intelligence agencies to spy on users, and to censor some information being distributed through the platforms which is deemed to have ‘national security’ implications, and so the government can covertly monitor (and manipulate) the data these megalithic corporations control. 358
Considering the history of the CIA covertly influencing and censoring major news media through Operation Mockingbird (and their Entertainment Liaison Office overseeing the production of major blockbuster movies and television shows with the purpose of using them as covert containers for propaganda) combined with their mass-surveillance of American citizens; their involvement with the Sun Valley Conference should be of great concern to everyone.
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There was a time not long ago when posting comments on Internet forums or chat rooms was seen as something that only computer geeks or people living in their mothers’ basements did, but beginning around 2005 with the creation of MySpace, this kind of activity started becoming mainstream and would soon virtually takeover most aspects of our lives. MySpace became a thing of the past as people moved over to Facebook, and then Instagram, Twitter, and Snapchat came on the scene. Today most people feel they need to have social media accounts, not just to communicate with their friends, but to share their views and opinions with the world hoping to get some ‘likes’ ‘retweets’ and new followers.
In 2005 YouTube gave anyone the equivalency of having their own cable TV channel for free, and would soon begin paying people for posting videos by putting advertisements on them. Soon many channels grew to sizes not only rivaling major television networks, but completely eclipsing them, and a new form of celebrity emerged known as YouTubers. 359
Once these new social media/tech companies included trending lists and hashtags, countless people began feeding the monster constantly, hoping to get noticed for a witty joke or a controversial comment on what’s going on. The trending boxes would start compiling lists of the most talked about topics, giving people an insight into what were supposedly the things being posted about the most.
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