Surprise! IAC's canny CEO Barry Diller is putting 80-year-old Newsweek up for sale. Diller regrets, he told Bloomberg TV, making the deal to invest in Newsweek with investor Sidney Harman, who had bought the flailing weekly newsmagazine from the Washington Post for $1 plus liabilities--"it was a mis...
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The saga of rising-star Aereo is so predictable. An entrepreneur, in this case the highly successful Barry Diller, comes up with a brand of technology that catches on with the public. In response, the establishment feels threatened and vulnerable about losing its competitive advantage in the marketp...
Read More »Over the decades Hollywood has feared and tried to spurn most new technology -- television, video cassette recorders, cable, digital video recorders, and internet access to its goodies. The newest object of its fear is Aereo -- which uses thousands of tiny individual antennas to capture and stream t...
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The victory in court this week by Barry Diller's Aereo underscores the precarious nature of network television in the face of modern technological advances.
Read More »Media titan Barry Diller and uber-producer Scott Rudin are joining forces for a new e-book publishing house, Brightline; they are partnering with Brooklyn-based start-up Atavist, already well known for publishing long-form articles for tablets.
Read More »The traditional cable box many of us grew up with has gone out the window and left many providers confronting their own future. Over the last five years, Apple TV and Roku have emerged as alternatives to the typical cable subscription that includes hundreds of channels, many of which go unwatched. T...
Read More »It's been hard for NewsCorp. chairman Rupert Murdoch to relax this week at investment banker Herb Allen's 29th annual Sun Valley mogul retreat, which launched July 5 and lasts for five days. Murdoch is under too much fire with the News of the World bugging scandal threatening to derail his long-plan...
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