Barry Diller Forecasts Cable Company Dissolution in 20 Years

/ May 30, 2013


During the second day of All Things Digital’s D11 Conference yesterday, IAC’s Barry Diller and CNN’s Jeff Zucker fielded questions about the changing video landscape, but Diller hit hardest while discussing IAC-backed streaming service Aereo.

Aereo gives subscribers access to the same kind of digital antenna, he argues, that television owners can already purchase in rabbit-ear form at any RadioShack–but the difference that has caused uproar (and a lawsuit) among cable providers is that it subverts cable’s exclusive rights to distribute content online (think HBOGo).

But Diller expressed a relief at Aereo’s recent legal proceedings, saying “I’m kind of glad they sued us in such a noisy way because it’s helping get Aereo known to people. So, all this drama that is stirred up is actually, I think, good for us.” It’s this kind of publicity that he hopes to use to expand Aereo’s subscriber base from just Boston and New York to 22 cities in the next 6–8 months.

He noted that Aereo’s subscriber base is currently extremely small, but he hopes expanding will bring a greater opportunity to both younger audiences and those uncomfortable paying more for the channels they don’t watch to support people who do. Diller said, “I think that young people who don’t now subscribe to cable are going to maybe think of Aereo as an alternative because they don’t like cable. They see no reason to pay $100 a month for things they mostly don’t watch.”

Challenged by Zucker for potentially proposing to give away content without paying broadcasters, Diller added, “I don’t want to beat up broadcasters…I want to move from closed systems to Internet systems. The more you can get video to IP, the better it will be,” going on to predict that in 20 years, “I can’t imagine we’ll have cable running around.”

Diller’s vote of confidence for companies capable of disrupting broadcast companies included Amazon, Microsoft and Apple. On the latter he said, “I don’t think it’s some big secret that they’ve been working for years on trying to solve television,” which slightly mirrored Tim Cooke’s comments at the same conference, even if Cooke’s assertions were a bit more veiled than Diller’s confidence.

Facing the future, Diller said, “I think it’s exciting that there’s going to be some creative disruption. For the first time, you could seamlessly hook up a large screen to the Internet and get these [streaming] services.”

Tags: , , , , , ,


Facebook Says It’s Sorry It Vastly Overestimated Video...


Pilgrim Media Group CEO Craig Piligian (‘The...


Heroes or Rats?: YouTube Unveils New Program for Creators Who...

Vessel says it's doing well in its first month

Why Verizon is Pursuing Vessel, the...

Industry Tickets Selling Fast!
Click above to lock in your registration for VidCon 2015!

How Canvs Media is Harvesting Emotional Insights on YouTube,...


Marlon Wayans Getting ‘Naked’ for Netflix with Regina Hall


HuffPost RYOT Launching Virtual Reality Comedy Series and News...


YouTube Launches #voteIRL Campaign Targeting Digital-First Generation


How Top YouTubers (incl. Tyler Oakley & Meghan Rienks)...


Charlie Sheen to Star in Crackle Feature ‘Mad Families’


Gunpowder & Sky Buys Distributor FilmBuff As Vision for...


Toy Freaks Top Viewed YouTube Channel in August According to...


Emmy Wrap-Up 2016: Jeffrey Tambor (‘Transparent’)...


Twitter Scores 2.1 Million Viewers for Thursday Night Footall Kickoff


Vloggers Not Unique Snowflakes: 90 Million Flag YouTube Videos...

Mode Media

‘Billion Dollar Startup’ Mode Media Shuts Down


Who Is Winning The Marketing Revolution And Why?


Netflix Orders ‘She’s Gotta Have It’ Series...


What Is ‘Swedish Dicks’ and Who Is Selling It?


How GMC is Using the AOL Series ‘Seamlessly She’...


Liberty Global to Put Netflix on Set-Top Boxes in 30 Countries


Getting to the Spine of VR’s Monetization Challenges with...


Meredith Hosted Its Own “Front” Stacked with 20 New Series


Verizon and Hearst Move and Seriously.TV Under...


Twitter Launches Live Streaming Apps for Amazon Fire, Apple TV...

YouTube Community

YouTube Fights Back Against Social Media Rivals with Community Feature

Casual Hulu

Vimeo Opening Television Store with Lionsgate Content, Launching...

A Perfect Day in LA Tastemade Jaunt VR Virtual Reality

From Donuts to Malibu, Tastemade and Jaunt Get Immersive in...

Defy Media

Defy Media Close $70 Million Series B Funding Round

YouTube Space LA Halloween Set 2016

YouTube Spaces Team with Jason Blum (‘The Purge’)...

Yahoo Esports

‘Yahoo Esports Live’ Serves Up Reeses Puffs with...


Univision and Lionsgate Team for SVOD Movie Service for U.S. Hispanics

People Entertainment Weekly PEN

People/Entertainment Weekly Ad-Supported OTT Service Preps for Launch

George_Kliavkoff Jaunt VR

Jaunt VR Hires Hearst Exec George Kliavkoff as CEO

Making a Murderer Netflix

‘Making a Murderer’ Scores for Netflix at Creative...

Future Man Hulu Josh Hutcherson

Hulu Orders ‘Future Man’ Series Starring Josh...

Heirloom Paten Hughes Tom Wopat Vimeo

How an Actress’ Real-Life Tomato Farm Inspired the New...

Robert Redford and Jane Fonda Electric Horseman

Netflix Rolls Camera on Robert Redford & Jane Fonda...


Amazon Greenlights Docu-Series on Tennis Star Novak Djokovic

FCC Chairman Tom Wheeler 2-4-15

It’s Apps or Else: FCC Chairman Wheeler Clarifies Rule...