👤 Person

Barry Diller

💼 Chairman and Senior Executive, IAC
1 story · First covered Apr 8, 2026 · Latest 4h ago
Barry Diller Coverage
MGM Just Let Its Biggest Shareholder Buy More Stock. Then Capped Their Vote. Think About That.

MGM Just Let Its Biggest Shareholder Buy More Stock. Then Capped Their Vote. Think About That.

IAC now owns 26% of MGM but just agreed to cap its voting power at 25.73%, which sounds like a minor governance tweak until you realize what it tells you about who's really running the show and who's getting comfortable being a passenger.