Sunday, June 14, 2009

Barry Diller: The Internet 'absolutely' will become a 'paid system'. Time projection: Within 5 years | Between the Lines | ZDNet.com

June 10, 2009

The days of the free Internet will draw to a close over the next five years, according to the chairman and chief executive of IAC, the interactive services company which operates a collection of more than 30 Internet sites which produce $1.5 billion a year in revenue.

The only missing link, according to Barry Diller, who cut his teeth building up over-the-air and cable TV networks: a good billing system, akin to Amazon’s “one-click” button or the Apple iPhone’s slick downloading of paid applications...