SUN VALLEY, ID - JULY 5: John Donahoe, chairman of the board of directors at PayPal and former president of eBay, attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: John Skipper, president of ESPN Inc., attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: (L to R) Joey Levin, chief executive officer of IAC, speaks with Michael Eisner, former chief executive officer of The Walt Disney Company, as they attend the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: Ben Sherwood, president of Disney-ABC Television Group, attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: Bob Iger, chief executive officer of The Walt Disney Company, attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: Bob Iger, chief executive officer of The Walt Disney Company, attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: Robert Kraft, chief executive officer of the Kraft Group and owner of the New England Patriots football team, attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)

SUN VALLEY, ID - JULY 5: (L to R) Howard Stringer, former chief executive officer of Sony, speaks with Jonathan Nelson, founder of Providence Equity Partners, speak with each other as they attend the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. (Photo by Drew Angerer/Getty Images)