Barry Diller on the Meeting That Changed His Life

The transcript discusses the creation of a fourth television network by acquiring Metromedia, led by Rupert Murdoch's instinctive decision-making. Despite initial skepticism, the network was successfully built. The speaker later sought ownership within the company but was told by Murdoch that there could only be one principal. This prompted the speaker to leave and start a new business venture, facing challenges but ultimately achieving success.

What was the speaker's reaction to Rupert Murdoch's comment about being a principal?

What challenges did the speaker face when starting their own business?