All articles tagged with #barry diller
Scott Rudin is returning to Broadway with a new play, 'Little Bear Ridge Road,' produced in collaboration with Barry Diller, starring Laurie Metcalf, after a period of stepping back due to past allegations of abusive behavior. The play is set for an October 7 opening at the Booth Theatre and marks Rudin's formal return to the industry.
Barry Diller revealed that the filming of the 1980 movie 'Popeye' was extremely chaotic and drug-fueled, with claims that the set was 'coked-up' and involved drug shipments via film cans, making it one of the most chaotic film sets he has experienced.
Robin Williams' 1980 film 'Popeye' was reportedly made on a heavily drug-affected set, with Barry Diller describing it as the 'most coked-up' film set he's visited, where everyone was allegedly stoned and film cans were used to ship cocaine.
Barry Diller, chairman of IAC, has criticized Trump Media and Technology Group, calling it "a scam" and its shareholders "dopes" for buying shares. He pointed to the company's low revenue and doubts its potential for growth, questioning the excitement around it. Diller likened the surge in Truth Social's owner to the frenzy around "meme stocks" and expressed skepticism about its future prospects, particularly due to its minimal revenue and the limited appeal of its main figure, Donald Trump.
Barry Diller, chairman of IAC and Expedia, criticized Trump Media as "a scam" with no revenue, calling people buying its stock "dopes." Despite a $6.4 billion market capitalization, the company had just $4.1 million in revenue last year and reported net losses of $58 million in 2023. Diller compared the stock's price run-up to the "meme stock" frenzy of 2021 and expressed skepticism about its future growth, stating that it is only interesting now because of Trump's entertainment value.
Barry Diller, chairman of IAC and Expedia, predicts that companies will adopt a standard of four days in the office with a flexible Friday option, citing the chaos caused by the multitude of work-from-home and in-person combinations. He emphasizes the need for standardization and believes that a transition to this model is sensible. Other investors, such as Mets owner Steve Cohen, also advocate for a more flexible working norm, with Cohen suggesting that the growth of artificial intelligence could lead to a shortened four-day work week.
Investor Josh Kushner and his wife, Karlie Kloss, have acquired the rights to revive Life Magazine as a regular print publication from Dotdash Meredith, with the support of Barry Diller's media company. The iconic photography-focused magazine, which has taken on various forms over the years, will be brought back to life through a deal facilitated by Kloss's media startup, Bedford Media. The move aims to resurrect the magazine in print and online, as well as through events and collaborations with brands and major studios, after its decline in popularity since the 1970s.
Media mogul Barry Diller criticized the Writers Guild of America's tentative labor deal with Hollywood studios, calling for a redefinition of fair use to protect published material from being captured in artificial intelligence (AI) knowledge-bases. Diller argued that AI's indexing of entire bodies of work violates fair use and undermines copyright law. His remarks followed lawsuits by prominent authors against OpenAI for copyright infringement. Diller also disagreed with OpenAI CEO Sam Altman on fair use, stating that taking all of a publisher's work is not permissible. The details of the WGA's agreement with studios have not been made public, but it is expected to grant studios the right to use and train AI models using writers' work while ensuring compensation for writers.
Media mogul Barry Diller has urged media companies to separate themselves from tech giants like Netflix, Apple, and Amazon and negotiate a separate deal to resolve the ongoing writers and actors strikes. Diller believes that Netflix, as the ruler of the streaming business, is the enemy of traditional media companies, while Apple and Amazon have different business models that are not aligned with the production of movies and television. Diller's comments reflect the sentiment that the disconnect between media companies and tech giants has complicated efforts to end the strikes. He also attributes Netflix's rise and disruption of Hollywood models to the strikes, stating that the strike strengthens Netflix and weakens other companies. Diller suggests that media companies should focus on their broadcast television networks and capitalize on their shows and creativity to rebuild their networks.
Media mogul Barry Diller is urging Hollywood studios to exclude Netflix from strike negotiations with writers and actors, warning that the strikes will only strengthen the streaming giant and weaken the legacy studios. Diller believes that the strikes could have catastrophic consequences for the industry, leading to a collapse of the entire industry and revenue losses for the studios. He suggests that legacy media should focus on rebuilding their broadcast and pay-TV networks instead of solely relying on streaming platforms.
Barry Diller, former studio executive and IAC mogul, suggests that Hollywood studios should split from Netflix, Amazon, and Apple due to their differing business models. Diller believes that the studios should align themselves with the guilds and position themselves as natural allies rather than enemies. He argues that the ongoing strikes will strengthen Netflix and weaken other streaming services, leading to potential catastrophic consequences for the industry. Diller also expresses pessimism about the ability of the studios to pivot and revive the bundle in time.
Barry Diller, chairman of IAC and Expedia Group, suggests that top executives and highly-paid actors should take a 25% pay cut to address the salary gap between them and lower-paid workers. Diller also emphasizes the need to settle the ongoing strikes by the Writers Guild of America and SAG-AFTRA by September 1 to prevent devastating effects on the industry. He dismisses concerns about AI replacing actors and writers, stating that it is being overly hyped. Additionally, Diller plans to sue to protect copyrighted material from generative AI.
Barry Diller, Chairman of IAC and Expedia, warns that the ongoing strikes by the writers' and screen actors guilds in Hollywood could have devastating effects on the entertainment industry if not resolved soon. Diller predicts an absolute collapse of the industry if the strikes continue for several more months, leading to fewer programs for consumers to watch, canceled streaming subscriptions, and reduced revenue. He suggests that top studio executives and actors take a pay cut as a good-faith measure to address pay disparities. Diller also discusses the impact of artificial intelligence on the industry and expresses concerns about AI's potential impact on the publishing industry. He calls for AI companies to come up with a fair business model that respects copyright laws.
IAC Chairman Barry Diller warns that the media industry needs to take action against generative artificial intelligence, or risk repeating the same mistake made with the rise of the internet. Diller suggests that publishers should sue under copyright law and take a mass position against scraping content. He also comments on the current state of Hollywood, stating that the leadership of the Hollywood studios is too old and out of touch. Diller dismisses the Dominion defamation suit against Fox News as not being particularly impactful to the company.