Barry Diller made his name in the film industry as the chairman and CEO of two Hollywood studios, Paramount Pictures and what was then 20th Century Fox. Now, he is declaring the industry dead. “The movie business is over,” Diller said in an exclusive interview with NPR on the sidelines of the Allen & Company…
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Diller Says Hollywood Risks Getting Overtaken by Amazon, Netflix
(Bloomberg) — Billionaire media mogul Barry Diller said he worries that tech companies like Amazon.com Inc. and Netflix Inc. are consolidating power, threatening to undermine the way the entertainment industry works. “I’ve always thought concentration — too much concentration — is bad,” he said in an interview airing Wednesday on “The David Rubenstein Show: Peer-to-Peer…
