IAC’s Diller Said to Mull Own Video Streaming Service

TheStreet: IAC/Interactive chief Barry Diller could soon enter the race to take on cable operators by creating an over-the-top streaming video service. Diller’s IAC on May 2 acquired VHX, whose technology provides back-end services for content owners offering video via subscription. IAC is combining VHX with Vimeo, its own service for content creators. Diller may be thinking about adding mainstream content aimed at TV viewers in his hiring of Garth Ancier.