Get ready to pay for what's free today

Barry Diller, chairman and chief executive officer of IAC/InterActiveCorp. says the web "is not free, and is not going to be." The days of free content may come to an end if a gathering of media moguls this week in Pasadena, California have their way. Can these captains of content stuff the freebie genie back in the broadband bottle? Bloomberg has the details.