Diller Touts USA's 'TV-Cable Hybrid'.(Brief Article)
Multichannel News, December, 1999 by FORKAN, JIM
NEW YORK -- USA Networks Inc. chairman Barry Diller last week sought to allay any concerns on Wall Street about what he dubs his "contextualized commerce" strategy or about possible acquisitions. "We had an idea in our from the very beginning, and the idea was interactivity;" including electronic commerce, Diller said during the "PaineWebber Media Conference '99" here.
After four years of "assembling the pieces," he added, "now we have all the pieces," and USA has begun implementing its strategy. Along with cable networks and broadcast stations, the assets include Ticketmaster and Citysearch.com. Diller also restated his desire to own more cable networks and broadcast stations, and he said he hadn't overpaid for assets in the past and he won't...
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