IAC/InterActiveCorp

IAC, Inc. engages in media and Internet business. It operates through the following segments: Dotdash Meredith, Angi Inc, Search, and Emerging and Other. The Dotdash Meredith segment provides digital and print publishing services from mobile to magazines. The ANGI Homeservices segment offers repairing, remodeling, cleaning, and landscaping through category-transforming products under HomeAdvisor, Angie's List, Handy, and Fixd Repair brands. The Search segment consists of Ask Media Group, which provides general search services and information. The Emerging and Other segment includes platforms Care.com, Bluecrew, NurseFly Mosaic Group, Vivian Health, The Daily Beast, IAC Films, and Newco. The company was founded on August 24, 1995, and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2024

IAC's Angi shows strong Q4 growth, Dotdash Meredith eyes stability

Angi's Q4 performance reflects growth in ads and leads business, with a focus on improving net revenue reporting. Dotdash Meredith anticipates revenue stability and growth in 2023 amidst challenges.
Efficiency improvements and cost savings initiatives at Angi are expected to drive growth in adjusted EBITDA and CapEx. Dotdash Meredith leverages AI tools for content development efficiency and differentiation.
Levin's emphasis on customer experience and intent strengthens Angi's competitive edge. Dotdash Meredith's expected growth rate exceeding the market indicates strong positioning.
Challenges include improving retention rates at Angi and addressing revenue challenges at Dotdash Meredith. Opportunities lie in enhancing customer retention and leveraging AI tools for content efficiency.

IAC and Angi Inc. report Q1 earnings, focus on profitability and AI integration

IAC and Angi Inc. focus on profitability, customer experience, and AI integration for efficiency.
Dotdash Meredith shows improvements in traffic, marketing, and e-commerce integration.
Angi plans to reinvest for revenue growth despite expected revenue decline in 2023.
Capital allocation strategies aim to create shareholder value through strategic investments.

IAC reports mixed Q2 performance, focuses on long-term growth

IAC's Q2 performance showed a mix of revenue declines and growth across its businesses.
Strategic restructuring efforts are driving long-term growth and improving customer experience.
Opportunities lie in leveraging Gen AI, enhancing SEO, and expanding services for growth.
Challenges include revenue declines, AI model limitations, and ongoing IP rights discussions.

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Shares in digital conglomerate Interactive Corp. are up 14% today after the company announced that its video subsidiary Vimeo will be spun off into its own company in 2021. In the quarter ending in September, Vimeo had 1.46 million subscribers, a gain of 21% from the same period a year ago, with revenue of $75.1...

Vimeo To Become Stand-Alone Company In 2021; Spinoff News Lifts IAC Shares

Online video platform Vimeo is set to spin off from parent company IAC/Interactivecorp (NASDAQ: IAC), it was announced Tuesday.  This spin off is set to take place in the second quarter of 2021, and shareholders of IAC would automatically be credited with shares of Vimeo.

Vimeo Announces Spinoff From IAC: What Investors Need To Know

Shares of Barry Diller's IAC spiked nearly 15 percent Tuesday after it announced plans to spin off Vimeo. The video streamer, which was recently valued at $2.75 billion, will break off from its parent company in the second quarter of next year.

Barry Diller's IAC to spin off video streamer Vimeo

IAC announced today that it plans to turn Vimeo into an independent, publicly-traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had “begun contemplating spinning Vimeo off to our shareholders.

IAC plans to spin off Vimeo as an independent company

Vimeo was valued at $2.75 billion in November.

IAC Plans To Spin Off Vimeo To Shareholders

Shares of IAC/InterActiveCorp. soared 12.7% toward a record Tuesday, after the technology company incubator said it approved a plan to spin off its stake in video software company Vimeo into a separately traded public company. The announcement comes after IAC had announced in early November that it was "contemplating" a move.

IAC stock soars after plan to spin off Vimeo as a publicly traded company

Following completion of the deal, which is expect to close in the second quarter of 2021, Vimeo will become an independent, publicly traded company.

IAC announces it'll spin off Vimeo

NEW YORK, Dec. 17, 2020 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of IAC/InterActiveCorp (NASDAQ: IAC). If you are a...

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating IAC/InterActiveCorp for Potential Breaches of Fiduciary Duty By Its Board of Directors

Alphabet

Google is deciding whether to impose severe penalties on the online conglomerate IAC/InterActive Corp. over what the search giant concluded were deceptive marketing practices, according to documents reviewed by The Wall Street Journal and people familiar with the matter.

The Wall Street Journal: Google spars with Barry Diller's IAC on penalties for marketing practices

IAC has had a number of its browser extensions taken down by the search giant due to "policy violations," with Google reportedly reviewing "enforcement options" against it.

Google mulls penalizing Barry Diller's IAC for ‘deceptive' marketing

Google found that IAC-made extensions for its Chrome web browser offered some functions they didn't follow through on, the Journal reported.

Google starts new battle with Barry Diller's IAC

IAC Chairman Barry Diller A fight is developing between Google and IAC/Interactivecorp. (NASDAQ: IAC), The Wall Street Journal reported today.

Google Accuses Ask.com Owner IAC Of Browser Hijacking: Wall Street Journal

NEW YORK, Dec. 3, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC), will attend the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, 2020. Glenn Schiffman, Chief Financial Officer of IAC, will participate in a fireside chat at 10:30 a.m. ET. A live...

IAC to Attend Barclays Global Technology, Media and Telecommunications Conference

NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Dotdash, an operating business of IAC (NASDAQ: IAC), will attend the BMO 2020 Growth and ESG Conference on Tuesday, December 8. Neil Vogel, Chief Executive Officer of Dotdash, will participate in a fireside chat at 9:00 a.m. ET. A live webcast will...

Dotdash to Participate in BMO 2020 Growth and ESG Conference

NEW YORK, Dec. 1, 2020 /PRNewswire/ -- Vimeo, an operating business of IAC (NASDAQ: IAC), will attend the UBS Global TMT Virtual Conference Monday, December 7, 2020. Anjali Sud, CEO of Vimeo, will participate in a fireside chat at 12:05 p.m. ET. A live webcast will be available to the...

Vimeo to Attend UBS Global TMT Virtual Conference

NEW YORK, Nov. 24, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) today announced the appointment of Kendall Handler to Senior Vice President and General Counsel, succeeding Gregg Winiarski who will step down December 31, 2020 after more than a decade in the General Counsel role. Ms. Handler, who...

IAC Appoints Kendall Handler To Senior Vice President & General Counsel

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Vimeo, through its cloud platform, provides one stop solution for all business needs for local SMBs to global companies.

IAC/InterActiveCorp Considers Spin-Off Of Vimeo

ANGI Homeservices

Boyar discusses their firms history and how they look for stocks with hidden assets. The firm likes both MSGS and MSGS; they believe the assets are solid and investors overly discount James Dolan.

Boyar Value Group On The Hidden Value Of IAC

IAC/InterActiveCorp's (IAC) CEO Joey Levin on Q3 2020 Results - Earnings Call Transcript

Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareholders.

Vimeo raises $150M, whie IAC is ‘contemplating' a spin-off

IAC/InterActiveCorp. announced Thursday that it was "contemplating" a full spinoff of its Vimeo business, which has attracted growing interest from outside investors.

IAC considers Vimeo spinoff after investment in video-production unit values it at nearly $3 billion

NEW YORK, Nov. 5, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at ir.iac.com/financial-information/quarterly-results. As announced previously, IAC and ANGI Homeservices will...

IAC Earnings Release and Letter to Shareholders Available on Company's IR Site

IAC also reported its third quarter results after the bell Thursday, telling investors that Vimeo grew overall revenue 44% year over year.

IAC considers Vimeo spinoff after achieving $2.5 billion valuation

ANGI Homeservices has changed its business model to fixed fee for services, which should result in a higher take rate. The company is now focused on monetizing Vimeo's subscriber growth.

News for IAC/InterActiveCorp Stock (IAC)