Barry Diller is a media legend, a former Paramount CEO and USA Network mogul who helped launch the Fox television network. As chairman at IAC, he's currently heavily involved in two major ventures in digital media: news site The Daily Beast, and controversial internet television service Aereo. In an interview with Bloomberg TV , Diller discusses both investments and how digital technology is transforming the news and entertainment industries.
"I understand broadcasting," Diller says. "No incumbent wants anyone in. That is an unbreakable rule." Aereo, he says, has an opportunity to participate in a still-emerging "radical revolution" in digital video, enabled by new bandwidth availability and changing customer behavior. If ten to twenty...
via The Verge - All Posts http://www.theverge.com/2013/4/29/4282976/watch-this-barry-diller-on-aereos-future-and-why-buying-newsweek-was
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