Google and IAC are at odds over what Google calls misleading marketing practices, putting a lucrative deal at stake.
Barry Diller: TikTok Deal Is A Crock
Barry Diller, Chairman and Senior Executive of IAC/InterActiveCorp and Expedia Group, says the entire TikTok deal is a crock.
You’ve Got To Bail Everyone Out, Says Barry Diller
You’ve got to bail everyone out says Expedia and IAC Chairman Barry Diller. The damage that is being done every day is enormous. Everybody needs to be bailed out of this one-time thing and we’ll worry about paying the bills later.
Barry Diller: I See the Landscape As Cataclysmic
Expedia and IAC Chairman Barry Diller said that the economic and business landscape caused by the coronavirus and the political actions to fight it have been cataclysmic. Diller does not see a return to normal anytime soon. He believes that people will first have get over being scared and that won’t be easy.
Expedia Cuts Ad Spend From $5 Billion To $1 Billion
But as far as advertising is concerned at Expedia, for instance, we spend $5 billion a year in advertising. We won’t spend $1 billion dollars in advertising probably this year. You just rip that across everything and there you are.
All of Broadcasting Is In Danger From Streaming, Says Barry Diller
“It’s all of broadcasting that’s in danger because of what’s happened with streaming and with other services in that the only people who are willing to watch commercials are people that can’t afford to buy the goods being sold,” says media mogul Barry Diller. “That’s an existential long-term issue.”
Barry Diller on the Internet Revolution: Really Young, Truly Radical, Very Troubled
Internet pioneer Barry Diller says that the Internet revolution is still really young. He also says that this truly radical revolution is right now a very troubled revolution.