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The Internet

Free Web Content a "Myth," Claims Barry Diller 294

BotScout writes "Following in the footsteps of other traditional media executives who just don't get it, Barry Diller, chairman and chief executive officer of IAC/InterActiveCorp, said web users will have to pay for what they watch and use, and that's that. The media and technology executive said it's 'mythology' to view the Internet as a system of free communications. 'It is not free, and is not going to be,' Diller said yesterday at the Fortune Brainstorm conference in Pasadena, California. Companies from Disney to New York Times Co. are seeking ways to extract revenue from the Internet. The latter recently said that it's considering a $5 monthly fee for access to its namesake newspaper's web site."

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