THE YEARLY Cannes Lions ad festival and conference kicked off this weekend, bringing a host of bankers and media business other people to the Cote d’Azur — and maybe pre-empting the dealmaking at Allen & Co’s July 4 wealthy person get-in combination in Sun Valley, Idaho.
As The traditional media industry movements to mobile, each promoting and knowledge firms are in high demand for take a seat-downs.
Aryeh Bourkoff, the LionTree banker who lately brokered a deal among Michael Kassan’s boutique consultancy MediaLink to Cannes Lions proprietor Ascential Events, will likely be there for the first time in awhile, as M&A is the topic du jour.
Also expected is Jahm Najafi, chief executive of the private fairness firm Najafi Companies, whose investments have integrated Coinstar and Paula Deen licensing.
Different non-public fairness gamers are nonetheless deciding on whether or not they can come as a result of they’re in the midst of offers again home.
One By One, Time Warner’s top brass, including CEO Jeff Bewkes, might be having their ultimate Cannes supper on Wednesday, ahead of finalization of the firm’s acquisition by way of the penny-pinchers at AT&T.
Viacom, which remaining yr was in its death throes beneath Philippe Dauman, is once again webhosting its Thursday-evening dance birthday celebration for advertisers on the Chateau la Napoule now that it’s underneath much less determined cases.