Who is 'Barry Diller'

Barry Diller is the long-standing senior executive and Chairman of the Board of IAC/InterActiveCorp (IAC),a media and Internet company. IAC's network of websites has included Expedia, Hotels.com, Match.com, Ask.com, Ticketmaster Entertainment Inc., Citysearch, Lending Tree, Evite, Vimeo, Shoebuy.com and ServiceMagic. In 2018, IAC had 7,337 employees worldwide.

BREAKING DOWN 'Barry Diller'

Barry Diller was born on February 2, 1942 in San Francisco and attended (but did not graduate from) UCLA. He began his career in the mailroom of the Hollywood talent agency, the William Morris Agency, in 1961. By 1965, he was Vice President of Development with ABC. 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 quick to produce.

Diller went on to become Chairman and CEO of Paramount Pictures Corporation in 1974 and Chairman of the Board and CEO of Fox, Inc. from 1984 to 1992. At Fox, he launched the Fox Broadcasting Company to compete with ABC, CBS and NBC. The network aired hit shows such as Cops, Married With Children 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 Network in 1995, he became Chairman of the Board and CEO of Silver King Communications, Inc. (the predecessor of IAC) in 1995, Chairman of the Board of Home Shopping Network (HSN) in 1996, and co-CEO of Vivendi Universal Entertainment in 2002. Forbes estimated Diller’s net worth at $3.3 billion in 2018. 

RELATED TERMS
  1. Peter R. Dolan

    Peter. R. Dolan is Chairman of the Board of Allied Minds, Inc. ...
  2. Nomination Committee

    A nomination committee is a committee that acts as part of an ...
  3. Economic Network

    An economic network is a combination of individuals, groups or ...
  4. Classified Board

    A classified board is a structure for a board of directors where ...
  5. Network Effect

    The network effect is a phenomenon whereby a good or service ...
  6. Back Door Listing

    A back door listing is a strategy of going public used by a company ...
Related Articles
  1. Insights

    Fox, Disney Restart Asset Sale Talks

    Comcast and Verizon are also believed to be interested in purchasing Fox’s assets.
  2. Investing

    Fox News Avoids a Post-Election Ratings Slump

    Fox (NASDAQ: FOX) (NASDAQ: FOXA) News has bucked an industry trend by retaining most of its audience after the end of the presidential election. The network's viewership in November dipped just ...
  3. Investing

    Murdoch's Fox To Buy European Broadcaster Sky For $14.6B (FOX, SKY)

    Sky's declining stock price made a lower Fox bid inevitable.
  4. Investing

    Disney to Slash Workforce at Struggling TV Units

    Expected 10% cuts at ABC TV are intended to help Disney compete against Netflix and Amazon.
  5. Investing

    Fox Favors Selling $60 Billion in Assets to Disney

    The deal would give Disney an expanded global reach and a bigger stake in Netflix competitor Hulu.
  6. Investing

    Disney, Fox Deal Would Be a Win-Win: Macquarie

    The $60B sale makes sense for Fox's focus on live content, while helping Disney expand its scale.
  7. Investing

    Disney Close to Receiving US Antitrust Approval on Fox Merger

    Disney recently topped Comcast’s bid with a new $71.3 billion cash and stock offer for Fox’s coveted media assets.
  8. Trading

    Explaining Buy Limit Orders

    A buy limit order allows traders and investors to specify the price that they are willing to pay for a security, such as a stock.
  9. Investing

    What's the Salary of the Chairman of the Federal Reserve?

    The chairman of the Federal Reserve oversees the U.S. banking system.
  10. Small Business

    Google Stock: Analyzing 5 Key Customers (GOOGL)

    Discover how Google became a leading online powerhouse and how its top five key customers help keep the company competitive globally.
RELATED FAQS
  1. Why is trading volume important to investors?

    Learn about trading volume, its importance and how investors analyze volume to confirm a trend or reversal in a security. Read Answer >>
  2. Warren Buffett's history in school

    Warren Buffett attended multiple prestigious schools on his path to success, but he places much more significance on real-world ... Read Answer >>
  3. Who is Responsible for Shareholders Interests?

    Several parties are supposed to be responsible for protecting and managing shareholders' interests, including the company's ... Read Answer >>
  4. Bob is a registered representative who recently left ABC Securities and has now ...

    The correct answer is c. Monetary disputes within the securities industry are settled through the NASD Code of Arbitration, ... Read Answer >>
Trading Center