Barry Diller on the rise of streaming and why Hollywood ‘does not exist anymore’

Barry Diller, who made his name as a powerful studio boss, recently told NPR that “the movie business is over.” Expanding on those views, the legendary mogul and former chairman of Paramount and Fox tells KCRW why, with the pandemic and rise of streaming, Hollywood will never go back to what it once was. In the first of a two-part conversation, Diller — now the chairman of online empire IAC — weighs in on a transforming industry and its future.