Barry Diller

It was during latter stage COVID.

Now, MGM was out of business.

Just like for a long time, Expedia was out of business.

I mean...

Nobody could travel.

Nobody could go.

The entire city was shut down.

But I looked at it and I thought, just like I thought about travel, if there's life, there's travel.

Well, if there's life and there's going to be life, there's going to be Las Vegas.

And so MGM, its value had decreased enormously.

So we were able to purchase a large percentage of it inexpensively at the time because we believed that once you reopened,

it would be fine.

And we picked, I think, the best entity to do it.

All the entities suffered the same situation.

But that's what intrigued me.

And its infrastructure, the fact that it had 480 restaurants in one place, 125 performance venues,

9 million, I think it's 9 million feet of convention.

I mean, it just was, once we learned about it, it was so vast and deep.

I said, how do you, you know, how do you not do this?

Well, to a degree, for sure.