My guest today is Barry Diller. Barry is the former CEO of Paramount Pictures, Fox Broadcasting, and the founder of IAC. He has been at the center of every major media transformation over the past five decades, from creating the Movie of the Week format to building the fourth broadcast network to executing 150 internet-era deals. Barry reveals his "creative conflict" philosophy - pushing smart, opinionated people past their endurance point to generate breakthrough ideas. He also shares stories of working alongside media titans like Rupert Murdoch and Bill Gates. We discuss his current portfolio strategy, innovation in media, and how personal struggles can become professional superpowers. Please enjoy my conversation with Barry Diller.
For the full show notes, transcript, and links to mentioned content, check out the episode page here.
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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes:
(00:00:00) Welcome to Invest Like the Best
(00:05:02) Early Career in Entertainment
(00:06:33) Defining Moments and Fearlessness
(00:09:18) Personal Reflections and Family Impact
(00:12:37) The Magic of Interactivity
(00:14:44) Creative Conflict and Instinct
(00:19:24) Breaking Down Complexities
(00:21:35) Innovations in Television
(00:23:37) The Fox Network and Murdoch's Gamble
(00:29:37) The Value of Money and Motivation
(00:30:17) The Leap to Independence
(00:32:28) QVC and the Internet Revolution
(00:33:37) The AI Opportunist Approach
(00:36:55) The Rise of Match.com and Tinder
(00:38:57) The MGM Investment and Future of Entertainment
(00:41:21) Negotiation Lessons from Lou Wasserman
(00:43:47) The Simpsons: From Doubt to Success
(00:44:25) The Changing Landscape of Media
(00:51:53) The Kindest Thing Anyone Has Ever Done for Barry