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Iac

Revivals

Tina Brown Launches Daily Beast

Tina Brown unveiled this morning her new internet venture, the Daily Beast. The Post's Keith Kelly said the website, a revival of the fictional paper in Evelyn Waugh's Scoop, is in the "soft launch phase," meaning apparently that it's devoid of advertisers, and that it "sees itself as a must-read for hipsters in news, politics and pop culture." Ahem. From our quick look — it temporarily went password protected as we were reading — the site seemed more noteworthy for its slavish devotion to internet publishing memes than for any particular innovation. Some traffic-baiting Apple coverage? Yes, there's a column by former Think Secret publisher Nicholas Ciarelli. Celebrity contributors? Sure, if you count the likes of Bill Clinton, who mails in book recommendations, and Project Runway alumna Laura Bennett, who posted a column. There's counterintuitive, Slate-like material such as "Why I Call My Wall Street Patients Pussies," by an ostensibly caring psychiatrist. And, as if to prove she is now truly blogger, Brown concludes her debut column with the one-word sentence, "Heh." Soon she'll emailing Digg requests to her old publishing friends and trying to get to 10,000 friends on Facebook, and we'll all find it hard to imagine she ever edited the New Yorker.

the internet

Tina Brown Stumbles Early In Comeback Attempt

Tina Brown's image as a media power player remains anchored in the 1980s and the 1990s, when she edited Vanity Fair and the New Yorker. She's attempting to change that with an internet venture, the Daily Beast, funded by InterActive Corp. chairman Barry Diller. But an early blunder getting Beast off the ground has left Brown red-faced and more shackled to her past than ever. It seems Brown's big idea for launching her website was — stop us if you've heard this one before — to publish a big list of the most powerful people in Hollywood. "The idea is so 1980s," one source told Nikki Finke. Apparently no one is even bothering to call Brown's staff back as they attempt to report the feature: More »

Blackout Ooh, symbolic. The New York Times website has been down for several minutes. And tonight's New York technology meetup has been cancelled because of power problems at the Gehry-designed headquarters of troubled internet conglomerate IAC.

nepotism

Diller's Stepson May Lose His Front-Row Lakers Seats

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. More »

barry diller

Gay Mogul's 'Stuff-Less' Marriage

IAC's Barry Diller has just explained—to the audience at the Wall Street Journal's D Conference—the breakdown of his relationship with the internet conglomerate's biggest shareholder, evil John Malone's Liberty Media. Paid Content was taking notes. Diller's metaphor? "Partnerships are marriages without the stuff." Oops, Freudian slip! More »

iac

Humble Diller Not That Humble

Having escaped John Malone's hook, former studio boss and internet tycoon Barry Diller is attempting to reinvent himself, says Portfolio's Duff McDonald. The new Diller trademark? Humility. "We were kidding ourselves if we thought we could pull off an integrated conglomerate that acts like G.E. or P&G in anything less than 10, 20, or 30 years." Diller is indeed cutting internet conglomerate IAC down to a more manageable rump of web sites such as Ask, Citysearch and Evite. But the 65-year-old tycoon hasn't entirely lost his trademark vindictiveness. Doug Lebda—who sold Diller online mortgage search engine Lending Tree for $726m before the real-estate bubble burst—was prepared to buy the business back at a discount. Why hasn't that happened? "No one is allowed to school Diller twice," says a mogul watcher.

IAC's Summer Explosion "IAC/InterActiveCorp boss Barry Diller is pushing ahead with plans to break up his company into five separate businesses, and downplaying talk about a possible asset swap with Liberty Media...Diller said he hopes to complete the spin-offs by August." [Post]

Barry Diller, John Malone May Kiss And Make Up "Fresh off his legal victory over Liberty Media, IAC/InterActiveCorp boss Barry Diller is expected to meet with his board this week to restart the process of breaking up his company into five separate pieces, The Post has learned. At the same time, sources said Diller and Liberty Media Chairman John Malone are continuing to talk about a deal that would trade one or more of IAC's assets for Liberty's ownership stake in IAC." [Post]

webtards

"McCain Girls" A Prank, Mercifully

The three women who dubbed themselves the "McCain Girls" and made a series of YouTube videos on behalf of the Republican presidential candidate were working for 23/6, the "humor" site from IAC/Huffington Post, and their entire campaign was a joke. To hear 23/6 President Sarah Bernard tell it, the first video was supposed to be an obvious parody of the Obama Girl videos, but no one understood that. Then 23/6 decided to keep the "prank" going as long as possible, which turned out to be one month. McCain watched the video repeatedly, he told Fox News in the clip after the jump, but his description of it as "very entertaining" hints that he knew something was fishy. More »

moguls

Barry Diller Chooses Grandpa Font

So internet mogul Barry Diller won the struggle for control of IAC, the ungainly conglomerate which owns sites such as Ticketmaster and College Humor. Here's his celebratory announcement to employees. It's rather clunkier than one expects of the highly quotable IAC boss. Presumably Diller means, in the last line, that employees can have more confidence in the future; wishing IAC colleagues instead more surefootedness implies that IAC's missteps were somehow their fault. And some graphically-aware assistant really should help the 66-year-old former studio boss change his default email font.