A few words from IAC media mogul Barry Diller at the conference last evening:
- On Google. “You mean the evil I would do to them?” he jokes. Later, Diller added, “It’s a great service. Is it going to have 35 to 50 percent market share over time? Anything can happen.”
- On Content Creation. I absolutely see my company getting involved in making product…. We all know that everything, of course, will be in digits.”
- On User-Generated Content. “What is Match.com? We may provide the template but we don’t, thank God, provide the product.” For entertainment, Diller was dismissive of user-generated content, saying he didn’t think there was a vast pool of untapped creative talent out there. “Talent will out,” he said.
- On News Corp’s buy of MySpace.com. “I suspect that it will either be that he [Rupert Murdoch] has bought these things very cheap, or they are worthless…. He is a great risk-taker.”
- On Media Consumption Habits. “One thing we do know, the children are doing many more tasks then we did and somehow they are squeezing tem into waking hours.”