Tag Archives: Barry Diller

Broadcasters ABC, Fox, Univision, and PBS Files Charges Against Aereo TV Service

Posted on March 2, 2012 by Amit Chowdhry


Aereo is a $12 per month cloud-based TV service that streams over-the-air channels to Internet devices. However broadcasters like ABC, Fox, Univision, and PBS has filed a complaint against Aereo claiming that the cloud TV service is infringing their copyright. The man behind Aereo is InterActiveCorp’s Barry Diller. The broadcasters are pushing to shut off the service despite the company’s plans to launch the service on March 14th. Aereo uses over-the-air signals that are free to everyone and retransmits them to individual “dime-sized antennas.” Aereo was planning on launching the service in Brooklyn first. The broadcasters are seeking damages and a permanent injunction. [paidcontent]

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Barry Diller Buys Back IAC Stake From Liberty and Steps Down From CEO Spot

Posted on December 3, 2010 by Amit Chowdhry


IAC/InterActiveCorp (NASDAQ:IACI) CEO Barry Diller is stepping down from the company. Liberty Media is also exchanging their equity stake in IAC for cash and assets in a deal that is worth $220 million. Liberty is exchanging 12.8 million IAC shares for all of the capital stock in an IAC subsidiary the runs the Evite and Gifts.com businesses.
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The Daily Beast Is In Strong Talks With Newsweek

Posted on October 10, 2010 by Amit Chowdhry


Political website The Daily Beast and printed news publication Newsweek are in talks about a possible combination. One of the biggest challenges will be the merger of three strong personalities too.
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Live Nation and Ticketmaster In $2.5 Billion Merger

Posted on February 11, 2009 by Amit Chowdhry

Live Nation and Ticketmaster have entered a definitive agreement to merge in a deal worth $2.5 billion.  The new entity will be called Live Nation Entertainment.  The deal is tax-free and is in all stock and is subject to potential legal issues.

“It was less than two months ago that Ticketmaster ended its 10-year partnership with Live Nation, and I’m extremely glad we could reunite with this combination. No different from any other industry, the challenges are all around every aspect of live entertainment. Being able to put Live Nation and Ticketmaster into an equal partnership will allow the companies to get through this difficult period and be able to expand live entertainment options to audiences throughout the world,” stated Diller.

Barry Diller will be chairman and Michael Rapino will be CEO of Live Nation Entertainment.  Dropping the Ticketmaster brand name may help the company increase sales since Live Nation has a better reputation.

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