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IAC/InteractiveCorp chairman and CEO Barry Diller said the era of free Internet content is coming to an end. Speaking at the Fortune Brainstorm conference in Pasadena, California, Diller challenged traditional Internet business models in which consumers pay for Internet access while content is provided free of charge. In the future, he said revenue will be generated from advertising, subscriptions and transactions. "It is not free, and is not going to be," said Diller, adding that Web...
- Exultant; jubilant; triumphant; on the high horse.
- Tipsy; slightly intoxicated.