Media mogul Barry Diller takes on the publishing world
Tuesday, October 2, 2012 - 13:04 Karen Bleier/AFP/Getty Images Barry Diller, chairman of InterActiveCorp, discusses his unconventional new business venture. Barry Diller may not be a household name, but his company IAC/InterActiveCorp owns a piece of some of the hottest companies on the web. IAC's holdings include dating sites like Match.com and OKCupid, online reference books like Dictionary.com and Reference.com, you name it. IAC has snapped up more than 150 websites and brands and it's making money doing it. Last year's gross profits hit $1.3 billion. But Barry Diller is not your typical tech guru. He's better known for his Hollywood successes -- at the helm of Paramount Pictures, Vivendi Universal and 20th Century Fox. Diller is a classic media mogul who’s figured out a way to make money on the web. But can he find a way to make publishing profitable? Diller’s just invested $20 million in a publishing company he’s starting with producer Scott Rudin. It's called Brightline, ...
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Goldman CEO Blankfein warns 'fiscal cliff' threatens confidence in U.S. economy
Tuesday, October 2, 2012 - 02:00 John Moore/Getty Images Lloyd Blankfein, Chairman and CEO of Goldman Sachs. Marketplace Morning Report for Tuesday, October 2, 2012 Jeremy Hobson: Lloyd Blankfein, the chairman and CEO of Goldman Sachs -- he rarely does interviews, but he decided to take a few minutes to sit down with us. Lloyd Blankfein, welcome to Marketplace. Lloyd Blankfein: Thank you. Hobson: Well, a lot of ordinary Americans are listening to this are going to hear that the head of Goldman Sachs, which for some epitomizes what they don’t like about Wall Street is putting on a conference to help small businesses, and they are going to ask ‘what’s this all about?’ Blankfein: Well, we’ve had this program for a number of years now, called 10,000 Small Businesses, where Goldman Sachs has convened a group of partners to basically give business education to small business owners. Now, these are people who are not going to start small businesses, in many cases these are small business ...
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