Michael Eisner was elected to IAC’s board of directors, increasing the total number of board members to 13. He is joining the company due to a recent urge and push to concentrate more on content. The e-commerce firm has been very successful in its digital partnership with Ben Silverman and his next generation studio Electus. The partnership agreed to a deal with AOL, in which a web series was developed to be streamed on AOL’s website. The morning show Electus produced is called the “AOL Daybreak” and forms only the beginning of future digital partnerships focusing on content.
Eisner’s Election is a unification of him and IAC CEO Barry Diller. Eisner began his career when he was hired by Diller to work for ABC. Afterwards Eisner joined Diller, who decided to leave ABC and run Paramount in 1974. In addition to working together for many years and gathering experience running some of the most well-known businesses Eisner also made a name for himself when he served as Walt Disney’s CEO for twenty-one years from 1984 until 2005. Eisner’s Viguru studio was able to develop scripted series for the Web and recording another partnership with AOL through its aggressive approach.
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