How Barry Diller Built Entertainment Empires

now viewing▶ 42:33

Diller buys 24% of MGM: AI cannot disintermediate physical resorts

2025-09-23 · 1 company · 5 thematic

sentiment

1 bull0 bear0 neu

speakers

barry diller

Legendary media executive who built Paramount, Fox, and IAC; pioneered the fourth broadcast network with Rupert Murdoch; early internet investor behind Match.com, Tinder, Expedia, and Vimeo; known for creative conflict management and instinct-driven decision making.

quote

“we bought 20 known 24% of MGM. And why does that appeal to me? Because you can't disintermediate it. Because you give me any AI equation and I will tell you irrelevant to this. No one's going to get between going to an MGM resort. Let's pu…”

—barry diller

now playing · $MGM

$MGM···bullish· high· posbarry diller

Diller buys 24% of MGM: AI cannot disintermediate physical resorts

Physical resort experiences in Las Vegas cannot be replaced or disintermediated by AI or technology, making MGM's 11-property portfolio a durable asset in an increasingly digital…