Member Mailing #227: Why IAC's Barry Diller Is Bullish on MGM & Not on Legacy Media Streaming
An Investment Hypothesis for MGM Sheds Light On Commerce Models Diller Is Bullish On
Last month, I relied upon a year-plus-old quote from IAC Chairman Barry Diller to make the argument that “Netflix has won" the streaming wars.
Last week, Diller was back with another gem of a quote about the streaming marketplace to The New York Times columnist Ben Smith:
“Disney will remain relevant into the future. All of the rest of them are caddies …
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