There's one person apart from shareholder John Malone who stands to lose when IAC is broken up: Alex von Furstenberg, adopted son of the internet conglomerate's boss, Barry Diller. The shaved-headed socialite, Diane von Furstenberg's son by her first gay husband, will still inherit a large part of his adoring stepfather's fortune. But after IAC is divided into five, Alex von Furstenberg may have trouble securing the front-row seats at Lakers games that are such a mark of social status in Los Angeles, where von Furstenberg has lived since 2005. He's been relying on Diller's office to cadge tickets to the bastketball games from Ticketmaster, the online ticketing service which IAC is spinning off. The IAC boss will remain chairman of Ticketmaster after the split, but one peons still hopes Diller and his relatives will no longer be able to use the service as a personal favor bank.
I am an employee at Ticketmaster and there is one major reason that we are counting the days until we are spun off from Barry Diller's IAC. Alex von Furstenberg. Barry Diller's stepson demands front row seats to every Laker Game in LA. His request trumphs all other Laker ticket requests from our President, CEO, celebrities, or valuable clients. His sense of entitlement is far worse than people we like to give tix to like Jack Nicholson, and he hasn't even done anything to earn it! What makes it worse is when other Ticketmaster employees look at the court seats we give him (from their nosebleed seats), they are empty because he misses the game! He is the biggest spoilt brat on the West Coast.