Barry Diller on Biden, AI and the Hollywood Shutdown
Aug 31, 2023
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In a candid discussion, media mogul Barry Diller shares his unvarnished views on Joe Biden, calling him not his 'fave.' He explores how AI could threaten journalism and suggests urgent reforms in copyright law. As Hollywood grapples with strikes, he critiques Netflix as both an 'evil genius' and a catalyst for change. Diller emphasizes the dire need for aspirational leadership and navigates the troubling dynamics of the political landscape, leaving listeners with a thought-provoking view of the future of media and politics.
The entertainment industry should prioritize partnerships and reevaluate strategies to navigate the impact of streaming services and ongoing strikes.
Tech monopolies like Google and Apple should be regulated to prevent unfair practices and promote competition.
The importance of copyright laws and fair compensation should be emphasized to protect content creators in the face of AI advancements.
Deep dives
Hollywood Mogul Barry Diller Gives Insights into the Entertainment Industry
Barry Diller, a prominent figure in the entertainment industry, discusses the state of Hollywood, the impact of streaming services like Netflix, and the ongoing WGA strike. He emphasizes the need for partnership between studios, writers, and actors, suggesting that they reevaluate their strategies and focus on their television networks. Diller also expresses his concerns about the rapid advancement of AI and its potential effects on various industries, including media. Additionally, he addresses the need for regulation in the tech industry, calling for changes in copyright laws to protect content creators and prevent copyright infringement by AI systems. Diller offers his candid opinions on various topics, from politics to ESG programs, showcasing his unique perspective on the industry he knows so well.
Barry Diller's Critiques on Tech Monopolies
Barry Diller shares his concerns about tech monopolies, specifically targeting Google and Apple. He argues for the regulation of Google, which he refers to as an 'absolute monopoly.' He criticizes Apple's App Store policies, calling for a decrease in their distribution fee to be more in line with credit card companies. Diller also comments on the implications of antitrust cases, expressing disappointment in the Biden administration's approach. He calls for more strategic action and leadership in the antitrust space.
The Future of Hollywood and the Challenges it Faces
Diller highlights the threats and challenges faced by the entertainment industry, including the ongoing WGA strike and the impact of streaming services. He predicts a potential collapse of the industry due to prolonged strikes and production pauses. Diller also discusses the possibility of innovation in the industry, noting that it will likely come from creative destruction and new forms of partnership. He offers insights on the changing dynamics of Hollywood, emphasizing the need for transparency, fair compensation, and a reevaluation of traditional business models.
The Importance of Residuals and Copyright Laws
Diller emphasizes the significance of residuals in the entertainment industry and the need to safeguard copyright laws. He criticizes Netflix for its lack of transparency and the absence of participation for content creators. Diller argues for stronger legislation and litigation to protect copyright ownership and address the challenges posed by AI systems. He highlights the importance of fair compensation and the partnership between studios and content creators.
Barry Diller's Candid Opinions on Politics and ESG Programs
Diller expresses his support for Chris Christie and Joe Biden as ways to prevent Trump's nomination. He shares his skepticism about ESG programs, criticizing them as 'empty calories' and questioning their effectiveness. Diller also provides insights into the media landscape, emphasizing the endangered status of the industry and the disruptive impact of AI and generative technology. He calls for regulation and changes in copyright laws to address the challenges posed by AI systems and protect content creators' rights.
Billionaire mogul and power broker Barry Diller doesn’t hold back (at all) as he takes us inside Washington, Silicon Valley and Hollywood. The legendary executive breaks down why Biden isn’t his “fave,” how we can save the news business and “the republic” from AI, and how the “evil genius” of Netflix factors into the ongoing WGA and SAG strikes. That, and more, in what Kara and Nayeema dub “the Mediterranean ‘ratf*ck’ episode.”
Questions or comments? Email us at on@voxmedia.com or find us on social media. We’re on Instagram/Threads as @karaswisher and @nayeemaraza
