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September 15, 2011 09:45 am GMT

Barry Diller Skewers AOL For Firing Michael Arrington From TechCrunch

dillershotEarlier today at The Paley Center for Media's International Council, IAC Chairman and Senior Executive Barry Diller took the stage for a keynote conversation with Jason Hirschhorn, CEO of reDEF Group. Among the topics discussed: AOL's recent announcement that TechCrunch founder Michael Arrington had "decided" to move on.Diller has extensive experience and strong opinions about media IAC has a 50% stake in The Daily Beast/Newsweek and he didn't mince words. In short, he thinks AOL has committed an incomprehensible blunder.Here's a transcript of the exchange, which begins at 31:50 in this video.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/55al5FC5hk0/

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