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Post by The Ultimate Nullifier on Jun 24, 2016 13:18:21 GMT -6
variety.com/2016/digital/news/scott-rudin-expedia-board-barry-diller-1201803186/Producer Scott Rudin has been elected to the board of Expedia, the online travel-booking company headed by chairman Barry Diller. Expedia disclosed Rudin’s appointment to the board effective June 21 in an SEC filing Thursday, expanding the size of the board from 13 to 14 members. Rudin, who heads his own Scott Rudin Productions shingle, worked for Diller at Twentieth Century Fox in the 1980s as head of production. Rudin’s producing credits include for “No Country for Old Men,” “The Grand Budapest Hotel,” “The Social Network” and “Steve Jobs,” and he has also produced numerous Broadway shows including “The Book of Mormon,” “The Crucible,” “A View From the Bridge” and “Humans.” In 2012, Rudin teamed up with Diller, chairman of IAC/InterActiveCorp, to launch multiplatform book publishing venture Brightline (later renamed Atavist Books), which shut down in 2014. Other members of Expedia’s board include Liberty Media chairman John Malone; Peter Kern, managing partner of private-equity firm InterMedia Partners; IAC vice chairman Victor Kaufman; and Alexandre von Furstenberg, founder and chief investment officer of Ranger Global Advisors and the son of Diane von Furstenberg (who is married to Barry Diller). Expedia was founded by Microsoft in 1996, and after the dot-com bubble burst was acquired by Diller’s IAC/InterActiveCorp in 2003. In 2005, IAC spun off the company as a publicly traded company. For the 12 months ended March 31, 2016, Expedia reported $7.2 billion in revenue and gross bookings of $64 billion. The company bought competitor Orbitz last year for $1.3 billion.
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