Barry Diller's IAC continues to expand and grow. He has lured the head of NBC Universal Entertainment to start a new company within IAC. I look forward to see what Ben and Barry can create over at the new startup.
"Ben Silverman, the co-chairman of NBC Universal Entertainment, is leaving the company to start up a new venture in partnership with Barry Diller’s media and Internet company, IAC.
The news was announced by IAC and Mr. Silverman Monday morning. At the same time, NBC announced that Jeff Gaspin, who has headed NBCU’s cable operations, will also assume Mr. Silverman’s role as head of the entertainment division." via NY Times