News

World

Audio News

Fews App News List News List

Barry Diller shares why his deal to buy MGM fell apart

Barry
Business Insider Fews App News Provider
Fews App Post Time 12h ago

Barry Diller told Business Insider's Peter Kafka that "forever assets" like MGM and its Las Vegas resorts are protected from AI disruption. Carl Timpone/ BFABarry Diller says he tried to buy all of MGM because real-world experiences like a trip to Las Vegas are a strong hedge against AI. He said the deal fell apart because he didn't want to take on debt or raise money from third parties.

Go to Source
Related News
Fews App Loading
Login
Facebook Login
Twitter Login
Google Plus Login
Thank you for subscribing our newsletter
Your email has already been added to our subscibers list
Invalid email