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Barry Diller is in top form in fight with John Malone

IAC/InterActive Corp. (NASDAQ: IACI) Chief Executive Barry Diller is one CEO who cannot be tamed by his corporate public relations staff or lawyers. He says what he wants when he wants, seeming not to care much for the potential ramifications.

Take his fight with fellow tycoon John Malone of Liberty Media Holding Corp. (NASDAQ: LINTA) over Diller's plan to split up his conglomerate that's been cobbled together through dozens of acquisitions of seemingly disparate companies. Liberty also happens to own majority stake in IAC. However, a long-standing agreement with Diller allows the mogul to control it through a proxy agreement. Well, at least that was the case until recently.

Liberty has asked a Delaware Chancery Court to remove Diller from IAC's board [subscription required] along with other members, and to have several of Liberty's nominees put in their place. The company also asked for Diller to be removed from BDTV, which the Wall Street Journal described as "a little-known entity through which Liberty owns most of its stake in IAC."

Continue reading Barry Diller is in top form in fight with John Malone

Coming Soon: 'Shop By Remote' for HSN inspires more lazy people to buy on demand

Jessica Vascellaro of the Wall Street Journal [subscription required] reports that the Home Shopping Network HSN is ready to announce a deal with Satellite-TV operator EchoStar Communications Corp (NASDAQ: DISH) to allow its subscribers to buy merchandise through their remote controls rather than making a phone call.

The deal with Echostar, which has 12 million subscribers, is expected to be fully launched nationwide in a few weeks. HSN, owned by IAC/InterActiveCorp (NASDAQ: IACI) hopes to offer the "Shop By Remote" service through other satellite and cable operators in the future.

A few years ago, a similar concept by HSN's rival, QVC, owned by Liberty Media Corp (NASDAQ: LINTA), launched an interactive TV shopping service in the .

Analysts believe it could be years before this concept takes off. I know the technology already exists on current set-top boxes. On my set-top box for Time Warner Cable (NYSE: TWC), I could order movies and have them charged to my monthly bill, without taking out my wallet - without even getting up.

I believe this is going to be the standard format for making purchases in today's world. With the development of technology, people will use less "paper money" on a daily basis. My handy ATM card can swipe for everything and even give me cash if I really needed it from millions of machines around the globe. My job pays through direct deposit and I have most of my bills paid automatically on certain dates.

While I can't stand the HSN or its competitors, I think they're finally reaching out to the younger generation's need for instant gratification and their impulsive shopping habits. Think of everything you could buy from your couch without even calling someone! Now we just have to wait for a teleportation device to be made and we'll never have to see the delivery man again!

What do you think? If you had the ability to use this service, would you?

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Last updated: May 28, 2012: 10:30 AM

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