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 Q1 2021

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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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Match Group

Billionaire Barry Diller took the stand on Monday to defend his media empire from a lawsuit claiming that it cheated the founders of Tinder out of $2 billion.  The hookup app's co-founder and former CEO Sean Rad claims that Diller's companies — IAC and Match Group — gave outside investment bankers fake “doom-and-gloom” financial projections.

Barry Diller denies his company cheated Tinder founders out of $2 billion

ANGI Homeservices

Angi Earnings: Services Takes Center Stage

IAC/InterActiveCorp (IAC) CEO Joey Levin on Q3 2021 Results - Earnings Call Transcript

IAC/InterActiveCorp (IAC) delivered earnings and revenue surprises of 178.57% and 6.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

IAC/InterActiveCorp (IAC) Q3 Earnings and Revenues Surpass Estimates

IAC/InterActiveCorp. topped earnings expectations for its most recent quarter while seeing better-than-anticipated contributions from its Angi Inc. home-services business.

IAC tops earnings expectations as it prepares to bolster media business

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- Today, Brides and Investopedia released findings from Weddings & Money 2021: A Brides & Investopedia Study.  The first collaboration between the two Dotdash brands, the study reveals how COVID-19 impacted--and continues to impact--weddings and wedding planning, financing, and how couples think about finances within the context of their relationship.

Weddings & Money 2021: A Brides & Investopedia Study Reveals How Much COVID-19 Continues To Change The Wedding Industry

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- The number of spoofed spam calls skyrocketed in October according to data insights from RoboKiller , the app that eliminates 99% of spam calls and text messages. An astounding 47% of spam calls in October originated from spoofed caller IDs, marking a 15% spike from September and the third consecutive month-over-month increase.

A New Record: Spoofed Calls Surge 15% In October, According To RoboKiller

Sean Rad deleted a series of emails on his company account amid a feud with his successor, Greg Blatt, over the valuation of Tinder, according to legal documents.

Tinder founder deleted emails during battle with Barry Diller's IAC: docs

The mean of analysts' price targets for IAC/InterActiveCorp (IAC) points to a 27.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe IAC/InterActiveCorp (IAC) Could Rally 27%: Here's is How to Trade

Meredith

Pinterest

PayPal

Last week, rumors were all over the news that online payments giant PayPal Holdings Inc. ( PYPL , Financial) was in “late-stage talks” to acquire Pinterest Inc. ( PINS , Financial) for $70 per share, valuing the image-based social media company at a more than 25% premium to its stock price at the time.

The Best Way to Trade Market Rumors

A new media company is acquiring an old media company to continue its digital growth strategy.

What Is IAC Planning With Its Acquisition of Magazine Publisher Meredith?

NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Leading digital fitness platform Daily Burn is thrilled to announce its newest arrival: Baby Bump & Beyond: Your Guide to Pregnancy and Postpartum Fitness, a program designed to support women throughout specific stages of pregnancy, from second trimester to postpartum. The program is led by pregnancy & postpartum corrective exercise specialists and co-founders of  Devoted Mamas , Nicole Coons and Kendra Fitzgerald.

Daily Burn Launches Pregnancy and Postpartum Fitness Program with Corrective Exercise Specialists

NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Today TripSavvy ( www.tripsavvy.com ) announced the winners of its fourth annual   TripSavvy Editors' Choice Awards , which honor the best of the best in the travel industry. After undergoing rigorous review by TripSavvy's data engineers, potential winners were evaluated by TripSavvy's award-winning writers and editors.

TripSavvy Announces Fourth Annual Editors' Choice Award Winners

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- After the close of market trading on Thursday, November 4, 2021, IAC (NASDAQ: IAC) will post its third quarter results and simultaneously IAC CEO Joey Levin will publish a letter to shareholders, which may include certain forward-looking information, at https://ir.iac.com/quarterly-results. On Friday, November 5, 2021 at 10:00 a.m.

IAC To Announce Q3 2021 Earnings On November 4th And Host Earnings Video Conference On November 5th

The consensus price target hints at a 37.1% upside potential for IAC/InterActiveCorp (IAC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in IAC/InterActiveCorp (IAC)? Wall Street Analysts Think 37%

Baidu

Gray TV

Lazard

Philip Morris

John Rogers (Trades, Portfolio)' Ariel Investment has slimmed down its Meredith Corp. ( MDP , Financial) holding by 31.99%, according to Real-Time Picks, a Premium feature of GuruFocus.

John Rogers Slims Meredith as Merger Approaches

IAC/InterActiveCorp (NASDAQ: IAC) and Meredith Corp (NYSE: MDP) forged an agreement under which IAC's Dotdash digital publishing unit will acquire the entity that will hold Meredith Corp's National Media Group, comprised of its Digital and Magazine businesses, and its corporate operations (Meredith), in an all-cash transaction of $42.18 per share.  The transaction combines the power of Dotdash's digital publishing model with Meredith's trusted, iconic brand portfolio, loyal audience, and scale.

Meredith Shares Pop As IAC's Dotdash Acquires National Media Group

Barry Diller's IAC/InterActiveCorp. has reached a roughly $2.7 billion deal to buy magazine publisher Meredith Corp., a bet on online publishing that will combine brands such as People, Better Homes & Gardens and Investopedia.

Barry Diller's IAC to acquire magazine publisher Meredith

IAC's digital media arm Dotdash on Wednesday agreed to buy Meredith Corp in a deal valued at about $2.7 billion, bringing titles such as People, Allrecipes and Investopedia under one umbrella.

IAC's Dotdash to buy magazine publisher Meredith in $2.7 billion deal

IAC's publishing unit Dotdash will combine with Meredith to form ‘Dotdash Meredith,' which it says is expected to reach over 175 monthly consumers.

Barry Diller's IAC Acquires Meredith— Publisher Of People Magazine— In $2.7 Billion Deal

IAC/InterActiveCorp. announced Wednesday that it plans to purchase publisher Meredith Corp.'s media assets for about $2.7 billion.

IAC agrees to pay $2.7 billion for Meredith media assets

On Thursday evening, word surfaced on the Wall Street Journal that IAC/InterActiveCorp ( IAC , Financial) was in “advanced talks” to acquire the magazine and digital components of Meredith Corp. ( MDP , Financial) in a deal that could be valued at more than $2.5 billion.

IAC and Meredith: Acquisition Rumors Spark Speculative Spree

Barry Diller's IAC is in advanced talks to acquire Meredith, the publisher of magazines such as People, InStyle and Real Simple, according to a report.

Barry Diller's IAC in talks to buy People magazine publisher Meredith

Vail Resorts

Toyota Motor

Find out what's making news on a quiet day on Wall Street.

These Surprise Stock Winners Are Lighting Up the Markets Friday

IAC/InterActiveCorp. may be focused on Meredith's digital media assets, according to a Cowen analyst.

News for IAC/InterActiveCorp Stock (IAC)