Can Barry Diller Make Content Pay?

It was a week after the annual Allen & Co. mediafest, and Barry Diller, the fabled former Hollywood mogul and chairman of IAC/InterActiveCorp (IACI), was eager to chat. Just back from his trek to Sun Valley, Idaho, to join Herb Allen's annual convocation of moguls, Diller was talking about content and how, despite all the hoopla over the mass of online video that folks are watching, the whole notion is hopelessly unprofitable unless the media world can figure out a way to get people to ante up for what they now get for free. Why the interest? "We're the biggest content producers on the Web," Diller quickly pointed out.

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