Articles

Barry Diller’s Interactive Corp. Stock Coiling Up For Rebound

By forxtrading1 on  From theforextradingsystem.com
Image via CrunchBase From Ask.com to Match.com, IAC/Interactive (NASDAQ: IACI) has been one of the leading content providers on the Internet for the average consumer. While high-powered users of the Web may scoff at the pedestrian quality of the IAC line of websites, online destinations like Dictionary.com and Urbanspoon form a growing part of the path that millions of web surfers travel every day. And if the recent progress in the stock is any indication, this has been a good business...Read Full Story

Aereo streams local broadcast TV anywhere (aka Barry Diller's answer to ... - VentureBeat

By latestbusinessreport on  From latestbusinessreport.com
VentureBeatAereo streams local broadcast TV anywhere (aka Barry Diller's answer to ...VentureBeatInfluential media businessman Barry Diller was on hand today for the debut of new startup Aereo TV, a streaming video service that aims to steal consumers away from the expensive cable and satellite television providers. Aereo allows users to a live ...Start-up that streams broadcast TV picks up $20M in venture fundsCommunications, Engineering & Design MagazineAereo gets $20.5 million and Diller's...Read Full Story

Internet-TV Firm Gets IAC Backing - Wall Street Journal

By latestbusinessreport on  From latestbusinessreport.com
New York Daily NewsInternet-TV Firm Gets IAC BackingWall Street JournalBy CHRISTOPHER S. STEWART An Internet-TV start-up backed by media veteran Barry Diller could tempt more television viewers to cut the cable cord, but it might be in for a fight from media companies. The company, Aereo, unveiled plans on Wednesday to ...Aereo likely to face fight over its plans to distribute broadcast TVLos Angeles TimesIntroducing Aereo: One Small Step For Cord Cutting, One Giant Leap Of FaithWired...Read Full Story

Diller & Crowley @SxSW

By PeterHimler on  From theflack.blogspot.com
CNN's Poppy Harlow w/ IAC's Barry DillerTwo of the more notable keynote interviews at SxSW happened Monday morning.The first featured CNN business reporter Poppy Harlow's chummy tete-a-tete with IAC chairman Barry Diller before a packed house at the Austin Convention Center. The second showcased two Twitter-verified luminaries - Mashable founder Pete Cashmore and Foursquare founder Dennis Crowley -- hamming it up on stage.To Poppy's credit, she managed to cover most of the important topics du...Read Full Story

Diller quit over Live Nation's board rifts: Malone

 From reuters.com
NEW YORK (Reuters) - Barry Diller resigned as chairman of Live Nation Entertainment Inc because he had grown tired of dealing with rifts among board members over strategy, fellow director and Liberty Media Chairman John Malone said in an interview on Friday.Diller's plan to step down as chairman Live Nation was leaked earlier this week, stoking speculation that the future of the world's largest live music company was in jeopardy and reviving stories of tension between Malone and Diller, who...Read Full Story

Live Nation imbroglio reveals media moguls' feud

 From reuters.com
LOS ANGELES (Hollywood Reporter) - The complicated relationship between Barry Diller and John Malone has seen the two men as close allies and bitter protagonists -- at this point, mostly the latter.With the news this week that Diller will exit as chairman of the Live Nation board, it appears that a tense detente has been broken and hostilities are out in the open.Diller said Tuesday he would resign as chairman but remain on the board of the giant music company. Sources said Diller left after...Read Full Story

Diller bearish on future of Ask.com

 From afp.com
IAC chief executive Barry Diller said Wednesday he does not expect Ask.com, the Internet search engine bought for 1.85 billion dollars five years ago, to ever be more than a "niche" service.Diller, speaking at a conference hosted here by Silicon Valley technology blog TechCrunch, said Google was not the powerhouse of the lucrative search and advertising market it is today when e-commerce group IAC bought Ask.com."Google was at that time on the verge -- but not there yet -- of becoming a verb...Read Full Story

Diller to step down as chairman of Live Nation

 From afp.com
Barry Diller, the chief executive of e-commerce giant IAC, said Wednesday that he planned to step down as chairman of concert promoter Live Nation Entertainment by the end of the year.Diller, speaking at a conference here hosted by Silicon Valley technology blog TechCrunch, said he had informed the Live Nation Entertainment board of his plans on Tuesday.Live Nation merged earlier this year with former IAC company Ticketmaster to create Live Nation Entertainment.According to The Hollywood...Read Full Story

Liberty Media gives up stake in Diller's IAC

 From ap.org
Barry Diller and John Malone, two media moguls whose partnerships over the past 17 years have been rocky at times, are cutting more of their business ties as Malone's Liberty Media sheds its voting stake in Diller's IAC/InteractiveCorp.Diller, 68, is also stepping down as CEO of IAC/InterActiveCorp, though he will stay on as chairman and likely increase his ownership stake in the Internet company. His replacement is Greg Blatt, 42, who has been with IAC since 2003 and most recently served as...Read Full Story

Diller steps down as IAC CEO, buys out Malone

 From reuters.com
NEW YORK (Reuters) - Barry Diller is stepping down as chief executive of IAC/InterActiveCorp, the company said, adding it had bought out one of its largest shareholders, John Malone's Liberty Media Corp.IAC said on Thursday that Liberty had sold its entire equity stake in IAC, worth $368 million, in exchange for $220 million in cash and the Evite and Gifts.com businesses. The online businesses will become part of Liberty's Interactive unit.IAC shares were up 2.5 percent in late morning...Read Full Story
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