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Herb Allen’s Sun Valley media summit a-Twitter about tech

Media company executives once were the power players at investment bank Allen & Co.’s annual media summit in the Idaho mountains.

Even if they didn’t hatch any big deals or bright ideas, they had a firm grip on the flow of news, entertainment and just about everything else people read, watched or heard.

Things have changed radically since that first summer summit in 1983. The conference, which returns to Sun Valley, Idaho, on Tuesday, now revolves around the technology trailblazers who have turned computers and mobile phones into multimedia hubs that are competing with newspapers, magazines, broadcasters, music labels and movie studios.

By Michael Liedtke, The Associated Press

Full Story: http://www.usatoday.com/tech/techinvestor/2009-07-05-sun-valley-media_N.htm

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