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Barry Diller

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Barry Diller, creator of Fox Broadcasting Company, is an American businessman and chairman/senior executive of IAC/InterActiveCorp and Expedia, Inc. He is also the media executive responsible for the creation of Fox Broadcasting Company and USA Broadcasting.

Born in 1942, Diller was raised to a Jewish family in San Francisco, California to Reva (Addison) and Michael Diller.

He began his career through a family connection after dropping out of UCLA after his first semester. His first job was in the mailroom of the William Morris Agency, and he was eventually hired as an assistant by Elton Rule, who was the west coast head of ABC at the time Diller was hired. Rule was eventually promoted to network president at the same time Diller went to work for him in 1964, taking him on to New York, and Diller was soon placed in charge of negotiating broadcast rights to feature films.

In 1965, Diller was promoted to vice president of development. While in this position, Diller created the ABC Movie of the Week, pioneering the concept of the made-for-television movie through a regular series of 90-minute films produced exclusively for television.

In 1974, Diller started working as the chairman and the chief executive officer of Paramount Pictures Corporation. During his tenure, the studio produced hit television programs, such as Laverne & Shirley, Taxi, and Cheers, and film like Saturday Night Fever, Grease, Raiders of the Lost Ark, and the sequel of Indiana Jones and the Temple of Doom, Terms of Endearment, and Beverly Hills Cops.

From October 1984 to April 1992, Diller held positions of Chairman and Chief Executive Officer of Fox, Inc., parent company of Fox Broadcasting Company and 20th Century Fox, where he greenlighted hits like The Simpsons.

Diller was the chairman of Expedia and the chairman of IAC/InterActiveCorp., an interactive commerce conglomerate and the parent of companies including HomeAdvisor, Match,com, Citysearch, and Connected Ventures, homes of Vimeo and CollegeHumor.

He stepped down as CEO of IAC/InterActiveCorp on Dec. 2, 2010.

Diller has been on the board of Coca-Cola since 2002.

Diller has been married to fashion designer Diane von Furstenberg, who had two sons already, since 2001. He is also the member of the Democratic Party and supporter of related political causes.

As of May 2014, Diller’s estimated net worth is $2.4 billion.

Companies and Investments

Fox Broadcasting Company (former chairman), QVC (investor), Paramount Pictures Corporation (former chairman and CEO), Coca-Cola (board member)

Lessons Learned

You should invest as little as you can to make go what you want to go. But I think you have to have a high tolerance for unproven investment.

Inspiring Quotes

The biggest risk is not taking any risk... In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.

Mark Zuckerberg

Barry Diller's Quotes

I like businesses in transition, first of all. If ever there were a business in transition, it is publishing.

Barry Diller

Hollywood is a community thats so inbred, its a wonder the children have any teeth.

Barry Diller

This is a world in which reasons are made up because reality is too painful.

Barry Diller

I still believe in synergy, but I call it natural law.

Barry Diller

You really want to get a headache? Try to understand Internet advertising.

Barry Diller

Influential Books

George Mair - The Barry Diller Story: The Life and Times of America's Greatest Entertainment Mogul