Barry Diller: Movie Studios Are Not a Great Business Proposition | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/05/barry-diller-movie-studios-are-not-a-great-business-proposition-2/

Barry Diller, who famously lost a bidding war for Paramount Pictures two decades ago, says the movie business has unattractive economics that have been crimped by internet’s disruption of the media ecosystem. “Movie companies rarely make a lot of money,” Diller said during a keynote session Thursday … http://internationalnewslive.com/barry-diller-movie-studios-are-not-a-great-business-proposition/