Is the company's new app-generation scheme schmaltzy or savvy?
Hollywood 2.0 with Barry Diller, Chairman and CEO of IAC/InteractiveCorp
TheWrap talks to Barry Diller about the challenges posed to Hollywood by the Internet.
Wrap: Will the economic challenges posed by the Internet destroy Hollywood, or create new opportunities?
Barry Diller: Television will forever be challenged by the effects of the Internet. More than likely will be the 'creative destruction' of assets, particularly those of distribution, which have historically been based upon scarcity, and now of course, with the Internet, is a world of infinite plenty.
Wrap: What about movies?
Barry Diller: Movies will be much less affected. Primary market, theaters, will be fine, and secondary markets will be positive over time because movies will return to a la carte from HBO subscription revenue, or from network licensing to direct payments from audiences.


Comments
Jonathan Cribbs Says
Yeah, this is really shallow. I wouldn't have posted this until I had something more substantial.
Anonymous Says
OK Sharon, it's the Internet and all, but our attention spans are not really *this* short.
Anonymous Says
This interview is absurdly short. Was it conducted while standing next to him at a urinal?
Anonymous Says
there's a blog called Hollywood 2.0 over at hollywood-2point0.com
it's not updated very often, but more insightful than Diller's braindroppings
Anonymous Says
nice graphic. uh, is this an ad?