Media mogul Barry Diller on why the movie business is finished

Barry Diller, chairman and senior executive of IAC and Expedia Group, joins Margaret Hoover to talk about the changing worlds of entertainment, technology, and politics. Diller, a former CEO of Paramount and Fox, reflects on the decline of the traditional movie business, the rise of streaming services, and how the Academy Awards have become “an antiquity.” The media mogul explains his objection to so-called “woke capitalism” and why he believes even offensive speech should be protected. As a longtime Democratic donor, he also weighs in on the future of both parties. Diller, the co-founder of The Daily Beast, offers his perspective on the world of digital journalism and the growing influence of right-wing tech investors. He also discusses his deep love of public art and his contribution to New York’s Little Island. Support for “Firing Line for Margaret Hoover” is provided by Robert Granieri, Charles R. Schwab, The Fairweather Foundation, The Asness Family Foundation, The Rosalind P. Walter Foundation, The Center for the Study of the International Economy Inc., Damon Button, The Pritzker Military Foundation on behalf of the Pritzker Military Museum and Library, The Marc Haas Foundation, and Stephens Inc.