KING OF MEDIA is the remarkable story of a man who for the past
forty years has had a hand in reshaping the worldwide entertainment
and media industry. Barry Diller has recently emerged as the major
figure in the media industry after living for the past two decades
in the shadows of larger-than-life titans such as Ted Turner,
Rupert Murdoch, Donald Trump, and Warren Buffett. Today, however,
with all those who have stood in Diller's path over the years
self-destructing in various ways, Diller remains standing at the
pinnacle of a media empire more solid and powerful than any of his
predecessors. In 2007 he was cited as the most highly compensated
executive in the United States. Unlike those who came before him,
Diller has refused to take on mountains of debt to finance his
acquisitions. He has always been as conservative in his financial
affairs as he has been liberal in his personal and political life.
His balance sheet is clean, and he is well positioned to grow and
build his empire as his major competitors struggle for survival.
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