Vimeo LLC, the video-streaming site owned by billionaire Barry Diller’s IAC/InterActiveCorp, is committing $10 million to a fund to persuade film creators to sell their content through its on-demand movie service.
CBS Corp., owner of the most-watched television network, reported quarterly profit that beat estimates, helped by programming deals, and accelerated its stock buybacks by $1.5 billion. The shares rose.
New York got its Oscar party early as a star-filled Hollywood supper club took over Alice Tully Hall last night, with prime spots occupied by Madonna, Alibaba executive vice chairman Joe Tsai and Bank of America investment banking vice chairman Cary Thompson.
With his Match Group on course to become its own company, billionaire Barry Diller is turning his attention to video-streaming site Vimeo LLC to step up growth for his holding firm, IAC/InterActiveCorp.
Broadcasters will get a U.S. Supreme Court hearing in their fight to stop Aereo Inc., the company that is threatening the industry’s decades-old business model by selling live television programming over the Internet.
IAC/InterActiveCorp, the Internet holding company controlled by billionaire Barry Diller, plans to turn its Match dating services into a separate business with its own chairman, setting the stage for a potential spinoff.
Barry Diller agreed to pay $480,000 to settle a U.S. Federal Trade Commission complaint that he broke antitrust law by purchasing almost a million shares of Coca-Cola Co. without reporting the transactions.