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Article: Malone, Bennett exit Interactive.(Business)(John Malone, Barry Diller)(Brief Article)
- Article from:
- Daily Variety
- Article date:
- September 20, 2004
- Author:
CopyrightCOPYRIGHT 2004 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOLLYWOOD -- John Malone and Barry Diller are parting ways.
A year after Liberty Media acquired shopping network QVC, Malone, the company's chairman, and CEO Robert Bennett have ankled the board of Diller's InteractiveCorp, which owns QVC competitor Home Shopping Network.
"Because QVC was acquired by Liberty, and QVC and Home Shopping Network, a subsidiary of IAC, are in similar businesses," IAC said in a regulatory filing, "IAC and Liberty agreed it would ...