Media Mogul Smackdown: Diller, Malone Head To Court

Media Mogul Smackdown: Diller, Malone Head To Court

As a legal battle between Barry Diller and John Malone heads to court on Monday, the biggest surprise may just be that two of the media industry's largest personalities have let their dispute get this far.

IAC/InterActiveCorp Chief Executive Diller and Liberty Media Chairman Malone are fighting over the future structure of IAC under a plan to spin off four of its largest units.

Long-time business partners, their relationship turned bitter when Diller proposed a structure that would dilute Liberty's voting control over the spin-offs.

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Read Diller's email to his IAC staff that was sent out around midnight Sunday night.

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