IAC to Take on Cable, Satellite Operators with Video Streaming Service 

IAC/Interactive (IAC) Chairman Barry Diller, who upended the media landscape in 1986 when he created Fox Broadcasting to battle the existing three TV networks, could soon enter the race to take on cable operators by creating an over-the-top streaming video service.

Source: IAC to Take on Cable, Satellite Operators with Video Streaming Service – TheStreet