IAC's Diller Talks Online Profit
Barry Diller has made it unanimous: Media moguls want to actually make money from the stuff their companies put on the Internet.
Now, if they can only get Web surfers on board.
Sure, there are ads. But “it’s not a good time to be exuberant about advertising,” said Diller, speaking Friday at Fortune magazine’s Brainstorm: Tech conference. He added that “out of the shreds” of the advertising slump will emerge vibrant new business models.
Diller runs a slew of online companies that offer goods and services that surfers pay for, such as subscription service Match.com
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