Barry Diller's Predictions for the Future of TV
Later this month, the U.S. Supreme Court will hear the case against Aereo, the upstart TV-over-the-Internet company backed by Barry Diller.
When Diller, the media titan behind Fox and the chair of IAC, was asked about the fate of the company should the court rule against it, he said: "If we lose, we're finished."
But should the court side with Aereo, Diller predicted Aereo would continue to expand from city to city, and grow its business. Oral arguments for the case, American Broadcasting Companies v. Aereo, are slated for April 22, and a decision will likely come by early summer.
In an interview with Bloomberg Television, Diller--a 50-year industry veteran--was also asked to predict winners and losers in the media landscape as it develops over the next few years.
Would he put his money on Amazon.com's Jeff Bezos, as the company debuts its Amazon Fire TV, or CBS Corporation's Les Moonves?
"I'd bet on both, without any question," Diller said. "Jeff Bezos is a brilliant retailer, and he's not yet a programmer. I would bet on Les Moonves as a programmer. As long as narrative is alive, so long as programming is alive, Les Moonves will win."
What about a showdown between Netflix co-founder and CEO Reed Hastings and Brian L. Roberts, the chairman and CEO of Comcast?
"Both," Diller said, noting that Comcast is "not going away anytime soon."
That said, he also got a little dreamy-eyed talking about Hastings, and the prospects for growth in Netflix's future.
"He doesn't have to protect anything. Reed is pure," Diller said. "And that historically has an advantage over others who have to protect their legacy or protect the incumbency."
CHRISTINE LAGORIO-CHAFKIN | Staff Writer | Senior Writer
Christine Lagorio-Chafkin is a writer, editor, and reporter whose work has appeared in The New York Times, The Washington Post, The San Francisco Chronicle, The Village Voice, and The Believer, among other publications. She is a senior writer at Inc.