YouSaid · the spoken record

Barry Diller

lines on the record: 101
first: 2019-02-18
most recent: 2019-02-18
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Because I thought that the Graham family, which had done such a wonderful job being at Stewart for all that time, had in their company, which is called the Post Company at the time, had enough resources to be able to invest more in.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Wonderfully No, I mean, the Washington Post, I was, I think nine board members at the time. It was, or 10, I guess, because it was nine to one to sell the Washington Post. And I was the one who said we shouldn't sell the Washington Post.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Many people, there's no one you could say that's not true. We're all in his position to one degree or another, meaning when you have a lot of assets and you're a wealthy person. A lot of people would have said, let's just put this in the drawer. Because making that statement, taking that position is going to invite what it has invited, which is lots of attention, ridicule, puns, et cetera. Great work in the New York Post front page, and all of that. And that... That's a courageous act”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“I am a very good friend of both Jeff's and Mackenzie's. As is my wife. And I will never have a single thing to say about any of that.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“No, they're an increasingly powerful entity. And they. Need people to look at their practices, and when they go over the line, which they absolutely will, not as a matter of some evil person petting a kitten in the back room. Stroking, you know, a kitten devilishly, but that's going to happen. And when that happens, there should be results to that. So yes, I mean, Amazon, of course, qualifies for that. And I think that under the circumstances, Mr. Bezos has handled all, and this recent. I think he's handled it courageously”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Wow. That's cool. I love that. Please save that piece. I will. It's going anyone's microscope and be completely open and not defensive about that process.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Oh, Amazon is absolutely there. And one of the great things about Bezos is as against others who've been very defensive about this stuff, Jeff Bezos said long before... You know, it ever went directly at him. He said, We are absolutely deserving of great scrutiny. We are a very large company and we deserve to be put under anybody's Microsoft Microsoft.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“No, nothing comes crazy. Let's move to Amazon. And Jeff Bezos obviously has been in the news and a lot of his body parts have been in the news. But you were on the board. I can't help it. But come on. He did it. He put it out there, so to speak. I can't help it. It's like it's a minefield of puns.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“A big number two billion. And we don't think it's a good idea when you're paying somebody to advertise on their services that they go into competition directly against you. I think that's kind of wrong.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Whether or not you allow them to say, okay, we used to in travel, put your travel services here. We're going to essentially take your money. An expedia spends three billion dollars a year.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“In those areas, particularly as I say, for Google, because with Google, Google is can't help but being predatory in saying, well, you used to get all this traffic for free. Our goal over the last, now it's about 10 years has been to say, no, that traffic is not going to be free. Those 10 blue links you used to see are now disappearing so below the fold, so below the, you will be paying access to our system. You're simply going to pay us for this. And that's a natural, yeah, why not? Well, since there are no other alternatives, that needs some regulation in terms of”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Got a big audience, but it's not a monopoly. You could easily see a future where it's being used. It's not structurally monopolist. But I think when you've got that kind of power, it's not that you will, quote, abuse it. By nature, it gets abused. If you have monopsic power, then you are going to squeeze this one, that one, and the other one in order to simply get to the next day. So proper regulation.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“I'm not a regulator here. I do think, as I said, as general thing is, and particularly this is true of Google, which is an absolute monopoly. Facebook's not really, you know what I mean?”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“I don't think they're being too hard on them. I think that's fine. Meaning, yeah, they should get criticized. Because they've made mistakes. I don't think those mistakes were of commission. It's not like they said, yes, let's have our stuff. Let's have evil, horrible stuff flow through our communication pipes. But their criticism is fine. I don't think you take it to the next level.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Better than Andrew Carnegie, okay? No? I'll give you that. Or John D. Rockefeller, right? And whatever. But Carnegie, too, all of them And by the way, post Carnegie, Mr. Smith at GM, and this one and that one, I think Mark's very decent and very thoughtful. And he will sort it out. And is it easy pickings? Of course, meaning the sense that here's this person who's very young, very rich, very powerful, and all this stuff. He should be criticized. He should be able to take that criticism and he should be able to be productive about it.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“They're doing now and have been doing diligently. They've been taking care of that aspect to the extent that they can, which is never going to be perfect. But I've always thought, I think Mark Zuckerberg is a fine and decent citizen. Probably far more decent than any other outsize industrial development of the last.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“I think they've done look they've done what any dope would do and I don't mean dope In a negative way. What they did is with wisdom, greater wisdom than I think you demand from them. They started getting these extraordinary outsize audiences. And particularly we'll do it with Facebook The consequences of those audiences and what you have to do about them when you get to that size is something that in their speed and their thing to develop it. And only recently did they start actually getting any revenue for this stuff and their revenue then skyrocketed and all of that just tracking that or tracking just getting it to function is a very, very big task. Can you fault them?”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“They're grappling with the kind of, you'd call it adolescent age where lots of other things come up, they're real serious issues, they're real social issues that are a byproduct of it. But if you think that they're in, I mean, they're in no economic or in industrial economic danger. They may and should in some cases be regulated because things that have power and influence and in some cases monopolies need regulation, which will come.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“But what happened is, you know, for the first time in 100 years, you saw now the shrinkage. In other words, six movie companies has now gone down to five. Right. Because Fox will. Cease to exist except to some small little brand like TriStar in five or ten years. So Fox is as an entity, is gone. Disney is making a very big play because it's got so much content and because it's Disney, they're going to probably, they've always stood a bit apart. They're going to continue to have relevance. And I, Bob Eiger is a superb executive. And there's a lot of depth in that company. And there'll be a world player because they've got other things. You know, do okay in streaming again. Hopefully they don't chase Netflix, but with capital expense. But other than that, The movie companies play no larger role than just making stuff.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Consequently, their relevancy in the world, in other words, it used to be if you could get your hands on a movie studio, you were sitting at a table with only six other people, five other people. And so that table dominated media worldwide. That's over. So, when you ask about holidays, that's what connoted connoted. Connotes Hollywood, which is that that era is over and over.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Actually, you know, was the leader in news. It wasn't CBS that started 24-hour cable news, but it was Ted Turner who eventually got bought by Warner's. So these six movie companies, essentially, were able to extend their hegemony into everything else. Right. Didn't matter that they started it. When it got big enough, they got to buy it. Okay. For the first time, they ain't buying anything. Meaning they're not buying Netflix. They are not buying Amazon.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Look It will make and continue to make programming. Clearly, and that is one of its functions. But what happened to the entertainment business early hundred years ago is that basically let's start with radio. Radio essentially was dominated by NBC, CBS. And as the decades went on, they were able to because the hegemony was complete, they were then able to get into television. Then they were able to get into the cable business. Then they were able to get into all these businesses, all of which, not that they founded them, but when they got big enough, they would buy them. So a little Warner Brothers studio bought Time Inc., which had HBO, and CBS, which”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“But Netflix has won this game. I mean, short of some existential event, it is Netflix's. No one can get, I believe, to their level of subscribers, which gives them real dominance. They can outbid and do.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“They're prancing around. I have a little feet in it. They've hired some people. They're spending some money, but they do not. Have at least yet, although they're going to announce something I think very soon or start their streaming service, everybody is going to play in this, but I think that those who chase Netflix are fools because I do not think. Or try to compete with Amazon Prime because I don't think there's any ability for anybody in the, let's call it the whatever, the media business, the entertainment business to do so. And I'm not saying that other people can't build services. Disney has good programming. They'll get some subscribers.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Or whatever, or the marvelous Mrs. Mazelle, then great. But that model to people in the entertainment business is like, oh my God, how did that happen? I don't know how to do that one. I don't know how to, I only know how to serve my entertainment customer. I have no idea how to get somebody to join Prime to do this, to get my end product, which is a creative thing.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“That he was able to get into this narrative show business thing in such a sure-footed way. That no one else has really been able to do, you know, you can't compare it. The only other tech company that is in this world of media, really in media, is Amazon. But Amazon's business model has nothing to do with anything who's been in the entertainment business has lived with their whole lives. So, our job is to get you to join Prime. If we can get you to do that by giving you Black Panther.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Well, you know, as I said, there's always exceptions, and this is an interesting one in Netflix. Netflix is the real exception. Netflix really came into this, again, very primitive, but not real tech, but came into it with those boxes that stood in stores where you could get a film and clang down and you'd pull the film or whatever. And then, uh... And then into mailing movies. And it is the brilliance, really, of Reed, Hastings, the founder really of Netflix, that he was able to, coming from a fair, pure tech background.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Let me fast forward to today because now those consumer internet companies, which you knew very well in their early days, Google's, the Facebooks, the Amazons, have now moved into, not Facebook, entertainment, Apple. How do you look at that now as they now look up and say, maybe we need to move into this space? And they have, obviously, Netflix has led the way.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Said, I want it and was able to order it. So that fascinated me. And I didn't know what was going to happen with it, but I thought something's good. Things are going to happen out of that, utterly unknown. And that's when I took this interest in QVC. And then that was 92, 93. And that led me in 95, 96 to the very beginnings of the consumer internet. Right. I mean, it was so...”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“There's a difference between using a screen, being passive, sitting back, and listening, watching someone tell a tale as against what QVC did, which was it was a very primitive convergence of telephones, television sets, and computers, where you did something, put up a piece of Kleenex, and said, would you like to buy this? And somebody on the other end, instead of being passive and getting a code.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Four or five fox. And the first thing I saw and my tour to because I didn't want to repeat myself. I've been running movie companies for a long time. I went to QVC, which is at that time in the, it's still in Pennsylvania. Anyway, and I saw again screens being used for something other than telling stories. And I said, whoa, I'd never seen that one before. And that intrigued me. I just thought.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Come in and speak to me. And I said, absolutely. That is true. I did do that. And Wednesday movie, too. Thank you. The thing that happened was that in 90.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“What were you doing at Ticket Master? You invited me there. Because you wanted to talk about the internet. You're like, you girly seem to know about the internet. Come in and speak to me. And I said, absolutely, you did Tuesday movie of the week. I will come in and get true.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“You think Research can help you. It's quite purely. Instinctive or whatever. Whereas on the other side, for sure, everything tech is one's zeros in perfect order of. Blocks falling They're completely opposite brain systems. And that's why I think there's been such very little, almost none, but rare stories where it has been so of that divide has ever been well crossed But for me, what happened was like everything for me was serendipitous. And also because I do have curiosity. So in the early 90s, God, whoa.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Say screens they're used to tell stories as against screens that are used for other purposes, i.e. a world of computational stuff. The cavern between them is you can't make a bigger cavern. They do in their brain formation. They do such completely different things. Narrative media is an instinctive editorial. I like this idea as against that idea.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Shopping network and Peter with lots of different things. They were doing MySpace and things like that. I mean, there's no traditional media, traditional media, narrative media. Well, narrative media.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Let's talk about that idea of you seeing something earlier. One of the things I always tell people someone said, who in the media was very smart about this? And I said, there were two people who contacted me. One was you and one was Peter Chernin of all people who were interested in internet stuff and who saw it pretty early. You with home shopping, the home shopping network and Peter with lots of different. They were doing MySpace and things like that. Yeah. Why was that? I never really asked. Yeah, why me? Yeah, why did you see that compared? Because a lot of people were very recalcitrant. I guess Bob Eiger was a little bit on the edge of that more, the traditional media.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“But I actually do because we were in it very early, so I saw Expedia was the first company to really colonize an area, an offline area, an area that had never been online.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“So it used to be you could never see a hotel room you were going to stay in. They'd have to describe it to you or whatever. There weren't pictures, there weren't video virtual tours, there weren't all of these services that technology, I mean, I do go on too much about all of that.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Well, if you did, you'd really read about it. You'd go through this whole process. It would take you a long time to research it, to figure it out, what you would be doing wouldn't be that reliable just because there was not enough information. All of this is now, you know, in a millisecond.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“The shift in travel to me is the most interesting part of a lot of the way we do that and how we move. I think the technology, what I see in machine learning and AI and its ability. Every bird brain will tell you the same, but I see it so practically in travel because the ability for tech To actually give you services that surprise you, meaning that they've put together this, that, and other disparate information. And again, through these advanced tech platforms are able to give you an experience that you would never get before in the way that you could never get it.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Whole The Airbnb is going to go public this year, I think most people are. Of a comer in that space? How do you look at that, how that space is developing? We have a company called Home Away, also VRBO Verbo. Which is vacation rentals is not exactly the same thing as a classic Airbnb, which is rent your extra room, so to speak, or your extra bed or whatever, or vent yourself. But Airbnb has a slice of this. People in the hotel business worry about it, that in fact it's going to encroach upon. Normal, so to speak, or standard hotel surfaces. I don't really think so. I think it's also younger people. And older people are two segments of naturalness, so to speak, for Airbnb, younger people, because it's much cheaper than a hotel room. Younger people also, for the same reason as really older people, is community”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Where is it? Yeah. It's doing well travel. World travels. Expedia is the world's largest travel company. Shockingly, $115 billion in sales, in gross sales, which is quite remarkable. Right. 27,000 employees. So it's a fairly large enterprise now, servicing every form of travel in almost every country in the world. And it's a tech company. It's 6,000 or so engineers. It's a tech Marvel. I mean, to be able to take All of this information coming from all of these sources and trains and planes and whatever and cars and tame that so that when you just type in a simple query”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Because Tinder is one of those phenomenons. They don't come along very often. And this was grown up in house, and that's also fairly rare For a large company to be able to innovate with really new things. And so Tinder was zero to 90 miles an hour in a flash of a second. So, yeah, Tinder's a phenomenon.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“I mean, well It is what it is. It develops into the thing that it actually does every year more efficiently because the technology gets better. So instead of simply having little text stuff, you now have pictures, you can do live video, you can do Look, anything that serves people being connected, whether they do it because they like swiping, because that's a nice little game to look at pictures of people and you get to quickly swipe right or left depending upon. What your interest is or is not. So the evolution of it really is simply that more and more people are more comfortable with it. It started out kind of with a bit of a stigma, like, oh, God, do I? You mean I have, I'm not good enough. I have to resort to online dating to meet somebody. But I think that's all kind of washed away as more and more things get done. And”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“The dating service, all right, fine. You just want to talk about the dating. No, I don't. I don't need to date, but I'm just interested in it. Where is it? We were very early because what could be more natural than saying that if you could make dating an easier prospect than wandering down the street and think that somebody's going to turn the corner and that's going to be something interesting and technology solved that 20 so years ago And look, all ways are lovely. It's great if there's a coup de fault and you turn the corner and you're in love. The odds are not so great for that. This is just a better process for meeting people.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“Not one. No, of course it is, but I want to talk about the dating service. All right, fine. You just want to talk about the dating services. No, I don't. I don't need to date, but I'm just interested in it. Where has it been? You were very early to this compared to other people.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“So these people that report to me who are the CEOs run their business, they run the businesses And I caused trouble here and there and I help out.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“A public companies, there are chief executives of each of them. And so I basically don't really have one person, no, I have two people actually reporting to me.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT
“So, we've talked recently at your IAC event, and we had a really good talk about where that is going. Why don't you fill us in on what the stuff you're doing? And I do want to talk about the stuff in New York separately, but talk about where you are as chairman of IAC.”
2019-02-18 · Decoder with Nilay Patel · Recode Decode: IAC chairman Barry Diller · IDENTIFIED FROM THE TRANSCRIPT