SUN VALLEY, ID - JULY 5: Howard Stringer, former chief executive officer of Sony, 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: 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: Donald E. Graham, former publisher of the Washington Post, 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: Howard Stringer, former chief executive officer of Sony, 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: Jeff Bewkes, chief executive officer of Time Warner, 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: Jeff Bewkes, chief executive officer of Time Warner, 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: Leslie Moonves, chief executive officer of CBS Corporation, 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)