Getting your player ready...
NEW YORK — Barry Diller, the media mogul who runs the Internet conglomerate IAC, told investors Tuesday that after the company spins off four divisions, he would stay involved in the management of the restructured IAC, Expedia and Ticketmaster.
In November, Diller announced the spinoffs of four IAC/InterActiveCorp units: HSN home shopping network, Ticketmaster ticketing service, Interval time-share business and LendingTree mortgage referral.
John Malone’s Douglas County-based Liberty Media Corp. owns owns a majority voting stake in IAC.
