IAC’s Diller Says Media Industry Has Too Few Decision Makers

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  • Creativity suffers under few owners, former studio chief says
  • Recent deals have made sense, CBS CEO Les Moonves counters

Tie-ups in the media industry have limited independent production and threaten creativity, though that may be changing with the growing popularity of online entertainment, according to IAC/InterActiveCorp Chairman Barry Diller, who has led several Hollywood studios.

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