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.

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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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MGM Resorts

IAC/InterActiveCorp. embarked on a new chapter in its corporate history Monday by announcing a 12% stake in MGM Resorts International as it looks to reshape the business following the formal separation of Match Group Inc.

Earnings Results: IAC begins new chapter with MGM stake, sees growing demand for Vimeo business

IAC recently spun off its stake in Tinder-owner Match. But the company apparently has its sights set on people taking a different kind of gamble: It has bought a nearly $1 billion stake in MGM Resorts.

Barry Diller's IAC rolls dice with $1 billion stake in casino giant MGM

MGM's online gaming business, which currently constitutes a tiny portion of its revenue, was what initially attracted Diller, the billionaire told shareholders in a letter.

MGM Resorts shares rise after $1 billion investment from Barry Diller's IAC

IAC chairman and senior executive Barry Diller said his company was attracted to MGM, which owns resorts like The Mirage, The Excalibur and Luxor, for its online gaming business, among other things.

Barry Diller’s IAC bets $1 billion on gambling giant MGM Resorts

A key driver of the investment decision was MGM's potential in the sports betting and online gambling markets.

IAC/Interactive Takes a $1 Billion Stake in MGM Resorts

IAC/InterActiveCorp. IAC, +1.34% announced Monday morning that it had accumulated a 12% stake in MGM Resorts International MGM, +3.08% that's worth about $1 billon.

MGM stock surges after IAC takes 12% stake in a bet on online gaming

GoDaddy

Match Group

SVMK Inc

Uber

One of the biggest stories for the past few years has been the incredible market leadership of the mega-cap technology stocks.

5 Internet and Digital Media Stocks That May Be Ready to Explode

A Relative Strength Rating upgrade for IAC shows improving technical performance.
The post IAC Clears Key Benchmark, Hitting 80-Plus RS Rating appeared first on Investor's Business Daily.

IAC Clears Key Benchmark, Hitting 80-Plus RS Rating

IAC shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 79 to 82.
The post IAC Clears Technical Benchmark, Hitting 80-Plus RS Rating appeared first on Investor's Business Daily.

IAC Clears Technical Benchmark, Hitting 80-Plus RS Rating

IAC/Interactivecorp's (IAC) CEO Joey Levin on Q&A with IAC Business Leaders - Call Transcript

NEW YORK, July 16, 2020 /PRNewswire/ -- Mosaic Group, the mobile products division of IAC (NASDAQ: IAC), has appointed Chuck Elberti to its leadership team as Vice President of Data Platform. Elberti will lead the platform team overseeing all data products, tools and services for Mosaic.

Mosaic Group Appoints Chuck Elberti VP of Data Platform

NEW YORK, July 15, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) today posted a letter to shareholders on the investor relations section of the company's website at https://www.iac.com/investor-relations/overview/. On Thursday, July 16, 2020 from 10:00 a.m. to 1:00 p.m. EDT, IAC will host a...

IAC Letter to Shareholders Available on Company's IR Site in Advance of Q&A with IAC Business Leaders

Match Group Inc. MTCH, +2.46% announced the "successful completion" of its separation from IAC/InterActiveCorp.

Match Group adds Ryan Reynolds to board following IAC separation

IAC and Match Group announced that they have completed a “full separation.”

Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds

NEW YORK and DALLAS, June 25, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) ("IAC") and Match Group, Inc. (NASDAQ: MTCH) ("Match Group") today announced that at their respective stockholder meetings held today, IAC and Match Group stockholders voted to approve all proposals required to complete...

IAC and Match Group Stockholders Approve Separation of Match Group from IAC

NEW YORK, June 22, 2020 /PRNewswire/ -- On Thursday, July 16, 2020 from 10:00 a.m. to 1:00 p.m. EDT, IAC (Nasdaq: IAC) will host a conference call to answer questions from IAC and ANGI Homeservices sell-side research analysts about its businesses. The business CEOs as well as Joey Levin,...

IAC To Host Q&A With Business Leaders On July 16

NEW YORK and DALLAS, June 10, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) ("IAC") and Match Group (NASDAQ: MTCH) ("Match") today announced that the deadline (the "Election Deadline") for stockholders of Match to elect the form of consideration they wish to receive in connection with the...

IAC and Match Group Announce Election Deadline for Match Stockholders to Elect Form of Consideration

IAC/InterActiveCorp. IAC, -0.50% announced Tuesday that it had reached an agreement to sell shares of its Class M common stock to third-party investors as part of a registered direct placement in conjunction with the pending separation of Match Group Inc.

IAC reaches agreement to sell shares as part of pending Match Group separation

NEW YORK, June 9, 2020 /PRNewswire/ -- IAC (NASDAQ: IAC) today announced that it has entered into agreements with a number of third-party investors for the sale of shares of Class M common stock of IAC in a registered direct placement. The shares are being sold in connection with the...

IAC Announces Agreements to Sell Shares relating to Match Group in Connection with Separation of Match Group and IAC

Expedia

Media magnate Barry Diller says his companies will end the “absurd” practice of giving earnings guidance to shareholders. The billionaire chairman of IAC and Expedia said firms are wasting the time they spend setting targets for their financial performance.

Barry Diller says his firms are ditching ‘absurd’ earnings guidance

The economy will "eventually" rebound but in the meantime, companies are wasting time trying to come up with quarterly or yearly guidance, Barry Diller, chairman of Expedia Group Inc (NASDAQ: EXPE) and IAC/InterActiveCorp (NASDAQ: IAC), said on CNBC's "Squawk Box.

Barry Diller Blasts Corporate Earnings Guidance, Calls It 'Wasteful' Exercise

Barry Diller, chairman of Expedia and digital media group IAC, told CNBC his companies will no longer provide earnings guidance.

Barry Diller says Expedia and IAC won't be giving earnings guidance anymore

NEW YORK, May 28, 2020 /PRNewswire/ -- Dotdash, an operating business of IAC (Nasdaq: IAC), will attend the BofA Securities 2020 Global Technology Conference on Tuesday, June 2, 2020. Neil Vogel, Chief Executive Officer of Dotdash, will participate in a fireside chat at 8:30 a.m. PT. A...

Dotdash to Attend the BofA Securities 2020 Global Technology Conference

InterActiveCorp: Invest With Barry Diller At A Discount

NEW YORK, May 21, 2020 /PRNewswire/ -- Vimeo, an operating business of IAC (Nasdaq: IAC), will attend the virtual Cowen and Company Annual Technology Media and Telecom Conference on Wednesday, May 27, 2020. Anjali Sud, Chief Executive Officer of Vimeo, will present at 12:05 p.m. ET. A...

News for IAC/InterActiveCorp Stock (IAC)