IAC/InterActiveCorp

News and overview for IAC/InterActiveCorp

Earnings Preview: IAC/InterActiveCorp - Technology - MiamiHerald.com
Miami Herald, The | 28 days 13 hours 20 minutes ago
SAN FRANCISCO -- IAC/InterActiveCorp reports earnings for the third quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period:


IAC reports 3Q profit but ad revenue still slips
Forbes | 27 days 17 hours 43 minutes ago
SAN FRANCISCO -- IAC/InterActiveCorp, which runs Match.com, Ask.com and other Web sites, said Tuesday that asset sales helped it profit in the third quarter while advertising revenue continued to slump.


IAC reports 3Q profit but ad revenue still slips - Technology - MiamiHerald.com
Miami Herald, The | 27 days 17 hours 39 minutes ago
SAN FRANCISCO -- IAC/InterActiveCorp, which runs Match.com, Ask.com and other Web sites, said Tuesday that asset sales helped it profit in the third quarter while advertising revenue continued to slump.


IAC/Interactive Swings to Profit
Wall Street Journal, The | 27 days 16 hours 19 minutes ago
IAC/InteractiveCorp. reversed a year-earlier loss caused by write-downs in the third-quarter and the parent of properties including Ask.com and Match.com reported better-than-expected results.


IAC Reports Profit Despite Lower Revenue
Wall Street Journal, The | 27 days 13 hours 20 minutes ago
IAC/InterActiveCorp reported a profit for the third-quarter, bouyed in part by asset sales. Further deterioration of revenue, however, show that Barry Diller's digital media empire continues to struggle through the recession and advertising slump.


IAC/Interactive Swings to Profit in Quarter
Wall Street Journal, The | 27 days 16 hours 14 minutes ago
IAC/InteractiveCorp. reversed a year-earlier loss caused by write-downs in the third-quarter and the parent of properties including Ask.com and Match.com reported better-than-expected results.


HealthCentral's Wellsphere.com Grows to More Than 3,000 Health and Wellness Bloggers [Press Release]
PRNewswire | 48 days 12 hours 28 minutes ago
...com, one of the fastest growing health and wellness technology companies. HealthCentral is venture backed by IAC/InteractiveCorp, Polaris Ventures, Sequoia Capital, The Carlyle Group and Allen & Company.


Liberty Media Announces Judging Panel for 'Media for Liberty Award' [Press Release]
PRNewswire | 49 days 8 hours 29 minutes ago
ENGLEWOOD, Colo., Oct. 5 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty")


HSN Reports Soaring 3Q Profit On Year-Earlier Spinoff Costs
Wall Street Journal, The | 11 days 15 hours 17 minutes ago
DOW JONES NEWSWIRES HSN Inc. (HSNI) third-quarter earnings soared on year-earlier charges related to its spinoff from IAC/InteractiveCorp. (IACI) while sales fell, as the home shopping network's cost cutting again helped the bottom line and pushed results above analysts' expectations.


On the Call: IAC CEO Barry Diller - National Business - MiamiHerald.com
Miami Herald, The | 27 days 10 hours 21 minutes ago
Besides being hampered by weakness in the online advertising market, IAC/InterActiveCorp's Web-based city guide, Citysearch, is facing increasing competition from a rising tide of social review and recommendation sites. These include review site Yelp, which is seen as its biggest rival in the business-review space.


Wire Business News
Sacramento Bee (Calif.), The | 27 days 10 hours 19 minutes ago
Besides being hampered by weakness in the online advertising market, IAC/InterActiveCorp's Web-based city guide, Citysearch, is facing increasing competition from a rising tide of social review and recommendation sites. These include review site Yelp, which is seen as its biggest rival in the business-review space.


On the Call: IAC CEO Barry Diller
Seattle Times, The | 27 days 10 hours 14 minutes ago
Besides being hampered by weakness in the online advertising market, IAC/InterActiveCorp's Web-based city guide, Citysearch, is facing increasing competition from a rising tide of social review and recommendation sites. These include review site Yelp, which is seen as its biggest rival in the business-review space.


On the Call: IAC CEO Barry Diller
Forbes | 27 days 10 hours 9 minutes ago
Besides being hampered by weakness in the online advertising market, IAC/InterActiveCorp's Web-based city guide, Citysearch, is facing increasing competition from a rising tide of social review and recommendation sites. These include review site Yelp, which is seen as its biggest rival in the business-review space.


UPDATE 1-Diller's IAC swings to profit on asset gains
Forbes | 27 days 16 hours 55 minutes ago
NEW YORK, Oct 27 (Reuters) - Barry Diller's Internet media company IAC/InterActiveCorp posted a third-quarter profit on Tuesday on gains from asset sales but revenue fell due to the weaker advertising market.


IAC Posts Profit, Hints at Search-Unit Sale
Wall Street Journal, The | 27 days 1 hour 26 minutes ago
Barry Diller, chief executive of IAC/InterActiveCorp., said Tuesday his company is open to a "consolidating transaction" in Internet search while noting his digital-media conglomerate isn't likely to be the "consolidator." The comments, which came during a conference call with analysts following the company's announcement of a third-quarter profit, signaled a willingness to sell struggling search businesses, such as Ask.com, to larger players, such as Google Inc. or Microsoft Corp.





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Company Overview


Company: IAC/InterActiveCorp
Industry: Internet Content Providers
Website: http://www.iac.com

IAC/InterActiveCorp (IAC) satisfies inquisitive minds who want to explore local hot spots, meet the right partner, find a contractor, and maybe even host a party or two. The Internet conglomerate owns more than 35 Web companies, including search engine Ask.com, local guide Citysearch, dating site Match.com, home service provider network ServiceMagic, and online-invitation firm Evite. Formerly a jumble of disparate assets that included cable-TV networks, travel services, and mortgage lending, the company has slimmed down to focus on the online search and content market. To achieve this goal, it split into five public companies in 2008, with IAC retaining the Web properties. IAC is controlled by CEO Barry Diller.


Key Numbers

Sales in U.S. Dollars (mil.) 1,445.1 (2008)
One-year % Growth in Sales -77.3 (2008)
Net Income in U.S. Dollars (mil.) -156.2 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 3,200 (2008)
One-year % Growth in Number of Employees -84.8 (2008)
Fiscal Year-End December