BARRY DILLER Biography - Socialites, celebrities and People in the fashion industry

 
 

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BARRY DILLER

Name: Barry Diller                                                                           
Born: 2 February 1942                                                                       
                                                                                             
Barry Diller (born February 2, 1942 in San Francisco, California) is a media                 
executive responsible for the creation of Fox Broadcasting Company.                         
                                                                                             
Barry Diller was born in Beverly Hills, California, where he was raised and                 
began his career through a family connection in the mailroom of the William                 
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. He was promoted to vice president in charge               
of feature films and program development in 1969. 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.                                                                                 
                                                                                             
Diller served for ten years as the Chairman and Chief Executive Officer of                   
Paramount Pictures Corporation starting in 1974. With Diller at the helm, the               
studio produced hit television programs such as Laverne & Shirley (1976), Taxi (1978),       
and Cheers (1982) and films ranging from Saturday Night Fever (1977), and Grease             
(1978) to Raiders of the Lost Ark (1981) and its sequel Indiana Jones and the               
Temple of Doom (1984) to Terms of Endearment (1983) and Beverly Hills Cop (1984).           
                                                                                             
From October 1984 to April 1992, he held the 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 quit 20th                 
Century-Fox in 1992 and purchased a $25 million stake in QVC teleshopping                   
network. Diller resigned from QVC in 1995.                                                   
                                                                                             
Diller is currently the Chairman of Expedia and the Chairman and Chief Executive             
Officer of IAC/InterActiveCorp, an interactive commerce conglomerate and the                 
parent of companies including ServiceMagic, Home Shopping Network, Ticketmaster,             
Match.com, Citysearch, LendingTree and CollegeHumor. In 2005, IAC/InterActiveCorp           
acquired Ask.com, marking a strategic move into the Internet search category.               
Diller has been on the board of The Coca-Cola Company since 2002. The new                   
headquarters of IAC/InterActiveCorp was designed by Frank Gehry and opened in               
2007 at 18th Street and the West Side Highway in Manhattan's Chelsea                         
neighborhood. The western half of the block is dedicated to the building which               
stands several stories taller than the massive Chelsea Piers Sporting complex               
just across the West Side Highway. The extra floors guarantee a panoramic Hudson             
River view from Diller's top-floor office.                                                   
                                                                                             
In 2001, Diller married fashion designer and longtime friend Diane von                       
F├╝rstenberg.                                                                               
                                                                                             
In 2003, on the PBS TV program NOW with Bill Moyers, Diller vocalized a strong               
warning against media consolidation. In the interview he referred to media                   
ownership by a few big corporations as an oligarchy, saying the concentration               
strangles new ideas.                                                                         
                                                                                             
Barry Diller was "the highest-paid executive [of 2005 fiscal year]" according to             
a report by The New York Times on Thursday, October 26, 2006 with a total                   
compensation package in excess of $295 million. In an opinion article in the                 
New York Times of Nov 7, 2006, Nicholas D. Kristof awarded him his annual                   
Michael Eisner Award, consisting of a $5 shower curtain, for corporate rapacity             
and laziness.                                                                               
                                                                                             
Diller is responsible for what the media dubs "The Killer Dillers" -- people                 
whom Diller mentored and who later became big-time media executives in their own             
right. Examples include Michael Eisner (who was President & COO of Paramount                 
Pictures while Diller was Chairman & CEO of Paramount Pictures, who went on to               
become Chairman & CEO of The Walt Disney Company), Dawn Steel (future head of               
Columbia Pictures and the first woman to run a movie studio, who worked under               
Diller at Paramount), Jeffrey Katzenberg (head of PDI/DreamWorks Animation,                 
principal of DreamWorks SKG, former head of Walt Disney Studios, and a head of               
production of Paramount under Diller), Garth Ancier, President of BBC America,               
and Don Simpson, who was President of Production at Paramount under Diller and               
Eisner, was also included -- he later went on to run a production company based             
on the Disney lot with Jerry Bruckheimer.