- IAC (company)
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IAC 
Type Public (NASDAQ: IACI) Industry Internet Founded 1995 Headquarters IAC HQ
New York, NY USAArea served Worldwide Key people Barry Diller
Greg Blatt
(Chairman) & (Senior Executive)
(CEO)Products Interactive Online Revenue 
$1.64 billion as of 2010Operating income $ 169.20 million as of 2010Net income $ 99.36 million as of 2010Total assets 
$ 3.44 billion as of 2010Total equity $ 2.43 billion as of 2010Employees 3,200 as of March 2011 Website http://www.iac.com 
New York headquarters
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.
Contents
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. is renamed USA Networks, Inc. May 2002: USA Networks, Inc. is renamed USA Interactive June 2003: USA Interactive is renamed InterActiveCorp July 2004: InterActiveCorp is 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]
Businesses
IAC owns several companies and websites, among these are:[7]
- Ask.com
- Ask Kids
- Excite
- Dictionary.com
- Thesaurus.com
- Reference.com
- Life123.com
- CityGrid Media
- Mindspark Interactive Network
- Match.com
- Chemistry.com
- People Media
- Singlesnet.com
- OkCupid
- ServiceMagic.com
- College Humor
- Jest
- BustedTees
- Dorkly
- Sportspickle.com
- Notional
- The Newsweek Daily Beast Company (50% ownership)
- Electus
- Electus/Engine Distribution
- dumbdumb
- DiGa
- Pronto
- Proust.com
- Shoebuy.com
- Bagsbuy.com
- CozyBoots.com
- Vimeo
- Hatch Labs
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.
External links
CityGrid Media CHMedia Match.com Mindspark
Interactive NetworkCardboiled · Cursor Mania · DailyBurn · Excite · GirlSense · iWon · Kazulah · Life123 · MyFunCards · MyWay Searchbar · MyWebFace · PopularScreensavers · Retrogamer · Smiley Central · Smiley Creator · Webfetti · ZwinkyThe Newsweek Daily Beast Company (50%) Other Divisions page: www.reference.com
Categories:- Companies listed on NASDAQ
- Companies established in 1995
- Internet companies
- IAC (company)
Wikimedia Foundation. 2010.
