Killer DillerBarry Diller is the CEO of IAC/InterActiveCorp, the parent company of Home Shopping Network, Ticketmaster and Match.com among others. Diller worked in the movie industry for decades before forming IAC. In 2005, Diller was paid a total of $469 million, making him the highest paid chief executive in America.
Diller grew up in Beverly Hills, and began his career in the mail room of Willian Morris Agency after dropping out of UCLA after one semester. He was hired by ABC in 1966 and was soon placed in charge of negotiating broadcast rights to feature films. By 1969, he was vice president in charge of feature films and program development. He created the ABC Movie of the Week;a series of 90-minute movies made for television.
In 1972 Diller was chief executive officer of Paramount Pictures Corporation. Television programs produced under Diller include Laverne & Shirley, Taxi, and Cheers. Films included Saturday Night Fever, Grease, and Indiana Jones and the Temple of Doom.
From 1984 until 1992, Diller worked as chairman and chief executive officer of 20th Century Fox, Inc. In 1992, he quit Fox to purchase a $25 million stake in the QVC teleshopping network, where he was CEO for two years.
Since 1995, Diller has been the chairman and CEO of IAC/InterActiveCorp, which is the parent company of Home Shopping Network, Ticketmaster, Match.com, Citysearch and Ask.com, among others. He is also the chairman of Expedia, Inc., and has been on the board of The Coca-Cola Company since 2002.
Diller owns 2 percent of IAC but controls 56 percent of the voting stock, which may account for his "generous" compensation. He chooses the board of directors that decides how much to pay him.
Diller married Diane von Furstenberg in 2001, settling rumors that have circulated since the 1970s that he is gay. In addition to running her own fashion design business, von Furstenberg is on the board of directors of IAC/InterActiveCorp.
Diller has mentored people who became media executives who are dubbed, "The Killer Dillers," including Michael Eisner, Dawn Steel (the first woman to run a movie studio and future head of Columbia Pictures), Jeffrey Katzenberg, and Scott Mitchell. | |
Your Comments About Barry Diller | Comments to date: 1. The most recent comment is below.
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