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Squawk Pod

Barry Diller Breaks Down the Battle for Media’s Future 05/21/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 21 May 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

On this special episode of Squawk Pod, media icon Barry Diller reflects on his career and the release of his new memoir Who Knew. He discusses launching Fox with Rupert Murdoch, a bitter legal feud with John Malone, and high-stakes negotiations. Diller offers his insights into the evolving media landscape, warning that tech giants now control the industry’s future. He also opens up about his personal life lessons, his marriage to Diane von Furstenberg, and how fear shaped his fearlessness in business. An important conversation with one of media’s most influential figures. Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin

Transcript

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0:00.0

I'm Andrew Osorkin and this is Squawk Pod.

0:07.0

Barry Diller has shaped the media world for more than half a century, redefining television,

0:11.0

launching networks, and backing bold ideas long before they were safe bets.

0:16.0

Netflix, Amazon and Apple controlled the entertainment business.

0:20.0

They have, I don't know, what would you say, a hundred times the resources of these legacy

0:28.3

companies, and they're in control.

0:30.5

They ain't given it up.

0:32.0

On this bonus podcast, The Deals, the Stories, the Man, Barry Diller.

0:36.8

Reactions have been, I mean, they've been incredibly nice and positive in all of those things.

0:42.2

But I do see in, not in the little beadiness of people's eyes, but I do see they look at me like,

0:49.7

I now know you.

0:52.2

You're going to hear from my one-on-one sit-down with Diller and from his appearance on the

0:55.9

Squack Box set with me and my colleague Becky Quick.

1:00.0

Squawk Pod begins right now.

1:06.8

This week, Barry Diller published a memoir.

1:09.9

It tells the life's story of a name familiar to the media industry and our audience here on Squackbox.

1:15.6

This is Diller on our TV broadcast 10 years ago.

1:18.6

It was for a show celebrating 20 years of Squackbox.

1:23.6

You know how I hate to be a contrarian.

1:25.6

I know how much you hate to be a contrarian.

1:27.9

You know, I think the words that we use now, and nothing is of course predictable, but the words we use now, broadcast, cable programming, over the top, they'll all be gone.

1:40.4

Because now, where everything is going to be distributed without question through essentially

...

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