Editor’s note: This story first appeared in New York’s issue of September 23, 1974. In Barry Diller’s recent memoir, Who Knew, he reveals that he was an unnamed source for the writer, Andrew Tobias, and describes the published article as “far more scathing and consequential than I could have imagined.” Diller, just 32 and working in television, was appointed CEO of Paramount almost immediately after it appeared, and Yablans was out a few weeks afterward.
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