Film and television
veteran Barry Diller is the chairman and chief executive officer of
IAC/InterActiveCorp, a
new media conglomerate specializing in e-commerce. In the 1960s
Diller was a television programming executive for ABC, where he was credited with developing the
popular ABC Movie of the Week. He left ABC in the
early '70s to become the chairman of
Paramount Pictures, a
post he held for
ten years. Under Diller's
leadership,
Paramount went from last
place in
Hollywood to the top of the heap, thanks to
hit television shows such as
Cheers and Taxi and to feature films like Saturday Night Fever (1978, with
John Travolta) and Steven Spielberg's Raiders of the
Lost Ark (1980, starring
Harrison Ford). Diller left Paramount in 1984 and joined 20th
Century Fox, where he organized the formation of
the FOX Network for
boss Rupert Murdoch. In 1992 Diller bought a stake in a home-shopping cable channel, QVC, and ran the unglamorous but profitable
television network until 1995, when he left to become head of
Silver King Communications, since renamed IAC/InterActiveCorp. Since then Diller has led IAC to a series of acquisitions in Internet companies, including
Ticketmaster, Expedia,
Citysearch,
Match.com and LendingTree.