Barry Diller Drops Bid to Acquire MGM Resorts: ‘We Didn’t Feel the Mix Was Coming Together’

Variety - Sep 23, 2026

People Inc., the media company controlled by Barry Diller, is scrapping its proposed bid to acquire MGM Resorts International. People Inc. (which changed its name from IAC this spring) owns about 27% of MGM Resorts. In June, the company submitted formal offer for the hotel and online-gaming operator to acquire all outstanding shares of MGM […]

Read full article

More News

Trendy Reporter

We keep track of what's happening in the entertainment industry today. Best of all, it's not just plainly entertainment news report, but we report it in style.

Newsletter