IAC/InterActiveCorp

This article or section has multiple issues. Please help improve the article or discuss these issues on the talk page. It does not cite any references or sources. Please help improve it by citing reliable sources. Tagged since December 2007. It is written like an advertisement and needs to be rewritten from a neutral point of view. Tagged since December 2007. It may need copy editing for grammar, style, cohesion, tone or spelling. Tagged since December 2007. It may need a complete rewrite to meet Wikipedia's quality standards. Tagged since October 2007. It may require general cleanup to meet Wikipedia's quality standards. Tagged since December 2007. It may have been edited by a person who has a conflict of interest with the subject matter. Tagged since January 2008.

IAC

Type	Public (NASDAQ: IACI)
Founded	1995
Headquarters	New York, NY USA
Area served	Worldwide
Key people	Barry Diller (Chairman) & (CEO)
Industry	Operating (company)
Products	Interactive Online
Revenue	▲ $ 1.445 billion (2008)
Operating income	▼ $ -61.96 million (2008)
Net income	▼ $ -156.20 million (2008)
Total assets	▼ $ 5.250 billion (2008)
Total equity	▼ $ 4.427 billion (2008)
Employees	3,200 - March 2009
Website	IAC.com

IAC, (legal name: IAC/InterActiveCorp), is an internet company with over 35 consumer brands serving consumer audiences across 40 countries. IAC is operated by approximately 3,600 employees. The Chairman and CEO is Barry Diller.^[1][2]

History

• In 1995, Barry Diller was named Chairman and CEO of Silver King Communications, Inc. - what would later become IAC. Silver King then merged with Home Shopping Network and Savoy Pictures Entertainment. The company was renamed HSN, Inc. Diller then began to build the company through a series of acquisitions and divestitures.
• In 1997, the company acquired 50% of Ticketmaster Group. In 1998, it acquired USA Networks, SCI FI and Universal domestic TV. The company was renamed USA Networks, Inc. and began trading on the Nasdaq as USAI. Also in 1998, Ticketmaster Online merged with Citysearch to form Ticketmaster Online Citysearch, Inc. (TMCS) In 1999, USAI acquired Hotel Reservations Network (later renamed Hotels.com) and TMCS acquired Match.com and the Sidewalk city guides from Microsoft.
• In 2002, USAI acquired TV Travel Group, Interval International, and a controlling interest in Expedia. In 2003, USAI acquired Entertainment Publications, Inc.; uDate.com; LendingTree; Hotwire; RealEstate.com; GetSmart; and the remainder of Ticketmaster, Expedia and Hotels.com. The company was renamed InterActiveCorp (IAC).
• In 2004, IAC acquired TripAdvisor, Inc.; ServiceMagic, Inc.; and Home Loan Center. In 2005, IAC acquired AskJeeves, Inc. and Cornerstone Brands, Inc. In August, the company completed the spin-off of its travel businesses under the name of Expedia, Inc.
• In 2006, IAC began its move from a holding company to an operating company by establishing the position of President and Chief Operating Officer and appointing LendingTree founder Doug Lebda to the position. Also in 2006, IAC Programming, a content business combining the internet with traditional programming, was formed, and Michael Jackson, former head of USA Networks, Chairman of Universal Television Group, and CEO of UK's Channel Four, was appointed President. IAC tapped its internal talent for new business ideas and, as a result, launched home-grown businesses Gifts.com, Chemistry.com, Pronto, Very Short List, and 23/6 (in beta). In March 2006, AskJeeves was relaunched as Ask.com. In December 2006, IAC launched its first major product integration, AskCity, a new product from Ask.com that integrates content from key IAC brands. In May 2007, the company launched AskMobileGPS, an application for GPS-enabled mobile phones with features from Ask.com, Citysearch, and Evite.com.
• In March 2007, IAC's New York City-based employees moved into new headquarters designed by architect Frank Gehry and Studios Architecture in New York City's Chelsea neighborhood.

Business units

IAC's business units^[3] listed in alphabetical order:

• Ask.com (goto)
• Ask Kids (goto)
• Ask Sponsered Listings (goto)
• Bagsbuy (goto)
• Bloglines (goto)
• Bustedtees (goto)
• Card Boiled (goto)
• Chemistry.com (goto)
• Citysearch (goto)
• CollegeHumor (goto)
• Connected Ventures (goto)
• CursorMania (goto)
• The Daily Beast (goto)
• Dictionary.com^[4] (goto)
• Down to Earth (goto)
• Evite (goto)
• Excite.com (goto)
• FiLife (goto)
• GarageGames (goto)
• Gifts.com (goto)
• GirlSense (goto)
• Green.com (goto)
• IAC Advertising Solutions (goto)
• Insiderpages (goto)
• Instant Action (goto)
• Iwon (goto)
• Kazulah (goto)
• Life123 (goto)
• Match.com (goto)
• Mindspark (goto)
• MyFunCards (goto)
• Outletbuy.com (goto)
• Popular Screensavers (goto)
• Primal Ventures (no website)
• Pronto (Pronto.com or Ask Shopping (ask.pronto.com))
• Reference.com (goto)
• RushmoreDrive (goto)
• Sendori (goto)
• Servicemagic (goto)
• Shoebuy.com (goto)
• Smiley Central (Go to smileycentral.com)
• Thesaurus.com (goto)
• Today's Big Thing (goto)
• Urbanspoon (goto)
• Very Short List (goto)
• Vimeo (goto)
• Webfetti (goto)
• Zwinky (goto)
• Zwinky Cuties (goto)

References

External links

• IAC's search engine - Ask.com
• IAC's Official website

Companies portal