Barry Diller

DEFINITION of 'Barry Diller'

The long-standing CEO and chairman of media company InterActiveCorp (IAC). IAC's network of websites has included Expedia, Hotels.com, Match.com, Ask.com, Ticketmaster Online, Citysearch, Lending Tree, Evite, Vimeo, Shoebuy.com and ServiceMagic.


Diller entered the media world when he joined ABC in 1966, where he worked his way up to vice president of prime-time TV in 1973. He helped ABC compete with other major networks by introducing ABC's Movie of the Week in 1969 with directors such as Aaron Spelling and Steven Spielberg. Made-for-TV movies became an industry practice because they were inexpensive and fast to produce.

BREAKING DOWN 'Barry Diller'

Diller was born in 1942 in San Francisco, and did not graduate from college. He began his career in the mailroom at a Hollywood talent agency, the William Morris Agency, in 1961. Diller went on to become president of Paramount in 1974 and CEO and chairman of 20th Century Fox in 1984.


At Fox, he launched Fox Broadcasting Company to compete with ABC, CBS and NBC. The station aired hit shows such as COPS and The Simpsons. He left Fox in 1992 to become CEO of QVC Network, where he made an unsuccessful bid to take over Paramount. After leaving QVC, he became chairman and CEO of Silver King Communications in 1995, Home Shopping Network (HSN) in 1996, IAC in 1998 and Vivendi Universal Entertainment in 2002.



RELATED TERMS
  1. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  2. Investopedia

    One of the best-known sources of financial information on the ...
  3. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & Co. ...
  4. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
  5. Henry Paulson

    Henry Paulson served as the 74th U.S. Secretary of the Treasury. ...
  6. Michael Bloomberg

    Michael Bloomberg is one of the wealthiest persons in the world ...
Related Articles
  1. Markets

    IAC Interactive Spinoff's One-Year Review

    The IAC Interactive spinoff is just over a year old, and investors are still waiting for the promised increase in shareholder value.
  2. Financial Advisor

    How the SEC Wants to Improve Disclosure of Fees

    The SEC wants investment companies to alter the way they disclose fees for mutual funds in the hopes to help clients know how much they're paying.
  3. Insights

    How Vimeo Makes Money (IACI)

    Discover how video sharing service Vimeo makes money without advertising. Revenue comes from upload and storage fees plus 10% of Vimeo on Demand sales and rental.
  4. Markets

    The Top 5 Large Cap Entertainment Stocks for 2016 (CBS, TWX)

    Discover what the top 5 large cap entertainment stocks are for 2016, with a summary, growth outlook and expected stock price target for each company.
  5. Managing Wealth

    Warren Buffett and the Media Industry

    While most people believe traditional media is dead, Warren Buffett sees an opportunity.
  6. Professionals

    The 5 Highest Paid Executives in the Consumers Sectors (LBTYA, CBS)

    Discover who the highest-paid executives in the consumer sectors are and how they reached their positions of power and influence.
  7. Investing

    Media Mashup: Who Owns Whom?

    You'd be surprised by how many publications fall under the umbrella of one company. Discover the big media companies and what they control.
  8. Professionals

    The World's Top Ten Media Companies

    Investopedia provides the list of top global media companies, including market cap and areas of operations.
  9. Markets

    What is the Price-to-Sales Ratio?

    The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.
  10. Investing

    Explaining Value Stock

    Investors look for value stocks because they consider them to be underpriced based on the stock’s fundamentals.
RELATED FAQS
  1. Does QVC charge sales tax?

    Learn why QVC is required by states to collect sales or use taxes on taxable items and how the company remits sales tax proceeds ... Read Answer >>
  2. How did Rupert Murdoch become a media mogul?

    Learn how Rupert Murdoch began small, but through timely acquisitions and an eye for his customers' tastes, expanded his ... Read Answer >>
  3. Is QVC publicly traded? (QVCA, QVCB)

    Learn about QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation, which plans to spin off QVC in the near ... Read Answer >>
  4. Does QVC accept debit cards?

    Find out what payment options are available for popular television and Internet retailer QVC. A wide range of options are ... Read Answer >>
  5. Who are Google's (GOOG) main competitors?

    Explore Google's different revenue segments and its competitors in each segment, ranging from Microsoft and Yahoo to Moody's ... Read Answer >>
  6. If ABC corporation, which is listed on the New York Stock Exchange ...

    The correct answer is d). This transaction would qualify under two different exemptions – the first because it is an exchange ... Read Answer >>
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center