IAC (company)
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| Type | Public |
|---|---|
| Traded as | NASDAQ: IACI) |
| Industry | Internet |
| Founded | 1995 |
| Headquarters | IAC HQ New York, NY USA |
| Area served | Worldwide |
| Key people |
Barry Diller (CEO) |
| Products | Interactive Online |
| Revenue |  $1.64 billion as of 2010 |
| Operating income | $ 169.20 million as of 2010 |
| Net income | $ 99.36 million as of 2010 |
| Total assets |  $ 3.44 billion as of 2010 |
| Total equity | $ 2.43 billion as of 2010 |
| Employees | 3,200 as of March 2011 |
| Website | http://www.iac.com |
InterActiveCorp (legal name: IAC/InterActiveCorp) is an American internet company with over 50 brands across 40 countries headquartered in New York City.[1] The Chairman and Senior Executive is Barry Diller,[2][3] who was previously head of Paramount Pictures, Fox Broadcasting and USA Broadcasting.
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[edit] History
IAC was incorporated in 1986 under the name Silver King Broadcasting Company as a subsidiary of Home Shopping Network. In 1992, Silver King was spun-off to Home Shopping Network shareholders as a separately traded public company.
The company has undergone several name changes. February 1998: HSN, Inc. was renamed USA Networks, Inc. May 2002: USA Networks, Inc. was renamed USA Interactive June 2003: USA Interactive was renamed InterActiveCorp July 2004: InterActiveCorp was renamed IAC/InterActiveCorp
In August 2008, IAC spun off several of its businesses, including: Tree.com (NASDAQ: TREE), the Home Shopping Network, Ticketmaster, and Interval Leisure Group (NASDAQ: IILG).[4]
In February 2011, IAC acquired the free-to-contact dating site, OkCupid, for $50 million.[5]
In April 2011, IAC extended the deal with Google to hand over all search advertising on Ask.com and other IAC search products to the search giant, which was worth $3.5 billion in 2007, to end on March 31, 2016.[6]
[edit] Businesses
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This section is in a list format that may be better presented using prose. You can help by converting this section to prose, if appropriate. Editing help is available. (February 2011) |
IAC owns several companies and websites, among these are:[7]
- Ask.com
- Ask Kids
- Dictionary.com
- Thesaurus.com
- Reference.com
- Life123
- CityGrid Media
- Mindspark Interactive Network
- IWon
- Retrogamer.com
- Excite
- MyFunCards
- Card Boiled
- Zwinky
- GirlSense
- DailyBurn
- Match.com
- Chemistry.com
- People Media
- OurTime.com
- BlackPeopleMeet.com
- SeniorPeopleMeet.com
- SinglePeopleMeet.com
- LoveandSeek.com
- BBPeopleMeet.com
- Singlesnet.com
- OkCupid
[edit] Notes
- ^ http://www.iac.com/About-IAC/Around-the-World/
- ^ "IAC/InterActiveCorp | Company profile from Hoover's". Hoovers.com. http://www.hoovers.com/iac/--ID__52963--/free-co-factsheet.xhtml. Retrieved 2010-09-11.
- ^ "IAC/InterActiveCorp's Stock (IACI) on Yahoo! Finance". Finance.yahoo.com. http://finance.yahoo.com/q/co?s=IACI. Retrieved 2010-09-11.
- ^ "IAC: And Then There Were Five". Forbes. Retrieved June 13, 2010.
- ^ "IAC's Match.com buys rival OKCupid for $50M". Bloomberg. http://www.bloomberg.com/news/2011-02-02/iac-s-match-com-buys-rival-okcupid-for-50m.html. Retrieved 2 February 2011.
- ^ Leena Rao, Techcrunch. "IAC Asks For More Google, Please." April 11, 2011. Retrieved April 11, 2011.
- ^ "IAC > Our businesses". http://www.iac.com/Our-Businesses/. Retrieved 20 March 2010.
[edit] External links
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