NASDAQ Framework: IAC Inc.

Media and internet company with global reach 1.
1: IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York. View Source
IAC Inc., headquartered in New York City, operates as a media and internet company with a global reach, managing over 150 digital products and brands used worldwide 2. The company publishes a wide array of original digital content across various verticals, including entertainment, food, home, beauty, travel, health, family, luxury, and fashion 3. Additionally, IAC operates digital marketplaces connecting consumers with home service professionals, and offers various search and information services through websites like Ask.com and Care.com 4. Established in 1986 and initially focused on broadcasting, IAC has grown through numerous acquisitions and spin-offs, including the separation of Match Group and the spin-off of Vimeo 567.
2: Headquartered in New York City, IAC (NASDAQ: IAC) is home to more than 150 digital products and brands used by people all over the world. View Source3: IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York. View Source4: IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York. View Source5: In July 2020, IAC and Match Group announced the successful completion of the separation of Match Group from the remaining businesses of IAC. As a result of the separation, Match Group's dual class voting structure was eliminated and the interest in Match Group formerly held by IAC is now held directly by IAC's shareholders. As of the separation, "new" IAC trades under the symbol "IAC" and "new" Match Group under the symbol "MTCH."[71] View Source6: In May 2021, IAC completed the spin-off of Vimeo, the 11th company to be spun-off from IAC.[73] Vimeo trades on Nasdaq under the symbol "VMEO". View Source7: IAC was established in 1986 as Silver King Broadcasting Company, as part of a plan to increase viewership of the Home Shopping Network (HSN) by purchasing local television stations.[7][8] By 1988, Silver King had bought 11 stations for about $220 million.[8] The company was later renamed as HSN Communications, Inc., and then Silver King Communications, Inc.[7] In 1992, Silver King was spun off to HSN shareholders as a separately traded public company.[9] In August 1995, Barry Diller acquired control of Silver King, in a deal backed by the company's largest shareholder, Liberty Media.[10][11] Diller, who had led the creation of the Fox network, reportedly hoped to use Silver King's stations as the foundation for a new broadcast network.[11] View Source
NO

Joey Levin, who previously led the company's search and applications segment, has served as chief executive officer since June 2015 8. There is no indication that the founders are still leading or heavily involved in IAC Inc.
8: IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet.[2] The company is incorporated under Delaware General Corporation Law[3] and headquartered in New York City.[4] Joey Levin, who previously led the company's search and applications segment,[5] has served as chief executive officer since June 2015.[6] View Source
MEDIUM RISK

IAC Inc. has an investment rating of HOLD with a target price of $40.00, indicating a cautious outlook from analysts 9. The company has a Financial Strength Subrating of Low, which suggests potential concerns about its financial robustness 10. Additionally, the stock has experienced significant fluctuations, with a notable decrease in value over the past six months 11. However, the company's diversified portfolio and ongoing strategic growth initiatives, such as the recent exploration of a Paramount bid, provide a balanced perspective 12. Therefore, while there are some financial concerns, the company's overall position is not dire, placing it in a medium risk category.
9: Rating increased to a HOLD IAC INC has an Investment Rating of HOLD; a target price of $40.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 7 days ago   Raising target price to $39.00 IAC INC has an Investment Rating of SELL; a target price of $39.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 14 days ago   What does Argus have to say about IAC? IAC INC has an Investment Rating of SELL; a target price of $37.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 21 days ago   Lowering target price to $37.00 IAC INC has an Investment Rating of SELL; a target price of $37.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium. Rating Price Target Argus• 28 days ago View Source10: Rating increased to a HOLD IAC INC has an Investment Rating of HOLD; a target price of $40.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 7 days ago   Raising target price to $39.00 IAC INC has an Investment Rating of SELL; a target price of $39.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 14 days ago   What does Argus have to say about IAC? IAC INC has an Investment Rating of SELL; a target price of $37.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium. Rating Price Target Argus• 21 days ago   Lowering target price to $37.00 IAC INC has an Investment Rating of SELL; a target price of $37.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium. Rating Price Target Argus• 28 days ago View Source11: The firm’s stock price fluctuated 3.73% within the last five trades and -4.79% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -11.42% in the last 6 months and -8.82% was subtracted to its value over the previous 3 months. IAC stock is trading at a margin of 0.70%, -5.15% and -5.14% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices. View Source12: July 17, 2024IACIAC Steps Up M&A Plans Amid Recent Exploration of Paramount BidREAD MOREJuly 15, 2024IAC5 minutes with IAC’s CHROREAD MOREJuly 12, 2024InvestopediaNew consumer data shows inflation is continuing to coolREAD MOREJuly 11, 2024IACIAC CEO Joey Levin on OpenAI deal, impact of AI and 2024 electionREAD MORE View Source
NO

There is no evidence provided that IAC Inc. is launching any new product offerings. The information available focuses on the company's existing operations, acquisitions, and strategic initiatives, but does not mention any new product launches 131415.
13: ^ "IAC: Form 10-K". U.S. Securities and Exchange Commission. February 29, 2024. ^ Cohen, Aaron (January 7, 2020). "How the remnants of About.com are stealthily taking over the internet". Fast Company. Retrieved January 16, 2020. ^ "Annual Report Pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934". SEC.gov. February 27, 2020. Archived from the original on February 21, 2023. Retrieved May 6, 2020. ^ "Around the World". IAC. Archived from the original on December 14, 2012. Retrieved January 28, 2014. ^ "Joey Levin". IAC. Archived from the original on December 22, 2015. Retrieved December 16, 2015. ^ a b "Our Leaders". IAC. Archived from the original on November 20, 2016. Retrieved December 16, 2015. ^ a b Form 10-K: Annual Report (Report). HSN, Inc. April 14, 1997. p. 3. Archived from the original on March 3, 2017. Retrieved August 27, 2017 – via EDGAR. ^ a b Greiff, James (July 4, 1988). "Cable TV broker has a new vision // Rick Michaels seeks rewards of risk-taking". Tampa Bay Times – via NewsBank. ^ "HSN completes Silver King spinoff". The Roanoke Times. December 30, 1992 – via NewsBank. ^ "Diller Is Cleared To Take Control of Silver King". The New York Times. March 12, 1996. Archived from the original on January 12, 2015. Retrieved January 8, 2015. ^ a b Geraldine Fabrikant (August 26, 1995). "Return of the fox – Network creator gets TV group". Fort Worth Star-Telegram – via NewsBank. ^ Martin Peers (December 19, 1996). "Silver King annexes HSN". Variety. Archived from the original on February 20, 2016. Retrieved February 13, 2016. ^ Mark Albright (August 27, 1996). "HSN is acquired as deal is revamped". St. Petersburg Times – via NewsBank. ^ Form 8-K: Acquisition or disposition of assets (Report). Silver King Communications. December 23, 1996. Archived from the original on July 10, 2017. Retrieved August 31, 2017 – via EDGAR. ^ "Diller to take over Savoy, Home Shopping". UPI NewsTrack. November 27, 1995 – via NewsBank. ^ "HSN, With 50.1%, Has Controlling Stake In Ticketmaster". The New York Times. July 30, 1997. Archived from the original on November 13, 2014. Retrieved January 8, 2015. ^ Kevin Shinkle (March 11, 1998). "USA Networks gets deal after boosting bid for Ticketmaster". Fort Worth Star-Telegram. Bloomberg – via NewsBank. ^ Form 10-K: Annual Report (Report). USA Networks, Inc. March 24, 1999. p. 3. Archived from the original on August 27, 2017. Retrieved August 27, 2017 – via EDGAR. ^ Surowiecki, James; de Llosa, Patty; Tarpley, Natasha (April 12, 1999). "Barry Diller Is No Visionary But he is a great businessman. If he wins Lycos and blends it with the media and retail assets he manages so well, he may even create a profitable Internet company". Fortune Magazine. Archived from the original on January 14, 2015. Retrieved January 8, 2015. ^ a b "HSN adds to TV fare; is renamed". The Tampa Tribune. Tampa, Florida. February 13, 1998. p. 1, Business & Finance. Retrieved September 16, 2022 – via NewsBank. ^ "USA Networks to acquire Hotel Reservation Network". Biz Journals. Archived from the original on November 13, 2014. Retrieved January 8, 2015. ^ Form 10-K: Annual Report (Report). USA Networks. March 2, 2000. p. 69. Archived from the original on August 27, 2017. Retrieved August 27, 2017 – via EDGAR. ^ Form S-1: Registration Statement (Report). Ticketmaster Online–CitySearch. September 30, 1998. p. 5. Archived from the original on February 26, 2017. Retrieved August 27, 2017 – via EDGAR. ^ "Ticketmaster Online has IPO". Associated Press News Service. December 3, 1998 – via NewsBank. ^ Gary Gentile (November 22, 2000). "USA Networks consolidates Ticketmaster operations". Associated Press Archive – via NewsBank. ^ "Ticketmaster Online–CitySearch and Ticketmaster close transaction" (Press release). Ticketmaster. January 31, 2001. Archived from the original on August 27, 2017. Retrieved August 27, 2017 – via EDGAR. ^ "USA Interactive Completes Acquisition of Ticketmaster" (Press release). IAC. January 16, 2003. Archived from the original on February 21, 2016. Retrieved February 16, 2016. ^ "U.S. Approved Univision Deal". The New York Times. May 9, 2001. Archived from the original on December 14, 2014. Retrieved January 15, 2015. ^ "Vivendi Completes USA Deal". LA Times. May 8, 2002. Archived from the original on December 28, 2014. Retrieved January 15, 2015. ^ "Vivendi Seals $10.3B USA Networks Deal". Fox News. December 17, 2001. Archived from the original on November 13, 2014. Retrieved January 15, 2015. ^ "USA Networks acquires Expedia". The Chicago Tribune. July 17, 2001. Archived from the original on May 21, 2015. Retrieved May 18, 2015. ^ "USA Interactive to Acquire Interval International From Willis Stein & Partners and Other Investors". Hospitality Net. May 30, 2002. Archived from the original on May 20, 2015. Retrieved May 18, 2015. ^ "History". IAC. Archived from the original on December 16, 2016. Retrieved December 5, 2016. The page repeatedly refers to "USAI", e.g. "USAI acquires Precision Response Corporation (announced 1/00)". ^ "USA Networks, Inc. completes transaction with Vivendi Universal; company renamed USA Interactive" (Press release). USA Interactive. May 7, 2002. Archived from the original on March 11, 2017. Retrieved August 27, 2017 – via EDGAR. ^ "LendingTree suitor changing name". Biz Journals. June 19, 2003. Archived from the original on November 18, 2014. Retrieved January 15, 2015. ^ Form 8-K: Current report (Report). IAC/InteractiveCorp. July 14, 2004. Archived from the original on August 27, 2017. Retrieved August 27, 2017 – via EDGAR. ^ Hansell, Saul (May 6, 2003). "USA Interactive Is Acquiring LendingTree In Stock Deal". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015. ^ "InteractiveCorp to buy Hotwire". USA Today. September 22, 2003. Archived from the original on November 13, 2014. Retrieved January 15, 2015. ^ "Transat announces sale of Anyway.com to IAC/InterActiveCorp, owner of Expedia - Expedia, Inc. to extend presence in France through Anyway addition to IAC Travel portfolio". PR Newswire. October 27, 2003. Archived from the original on October 24, 2014. Retrieved January 15, 2015 – via The Free Library. ^ Hansell, Saul (March 17, 2004). "Deals: InterActive Corp to Acquire TripAdvisor". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015. ^ "IAC/InterActive Corp Acquires ServiceMagic". ACHR News. August 11, 2004. Archived from the original on April 2, 2015. Retrieved January 15, 2015. ^ Fabrikant, Geraldine (March 21, 2005). "AskJeeves Inc to Be Bought for $2 Billion". The New York Times. Archived from the original on April 2, 2015. Retrieved January 15, 2015. ^ Vara, Vauhini (March 21, 2005). "IAC Launches Gift-Giving Web Site". Wall Street Journal. Archived from the original on April 2, 2015. Retrieved January 15, 2015. ^ Hansell, Saul (August 8, 2005). "Spinoff of Expedia Comes at Tough Time for Its Sector". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015. ^ "IAC/Interactive acquires online retailer ShoeBuy.com". Biz Journals. January 31, 2006. Archived from the original on November 13, 2014. Retrieved January 15, 2015. ^ Levy, Nat (January 6, 2017). "Walmart buys Zappos competitor ShoeBuy for $70M to help Jet.com battle Amazon in online apparel". GeekWire. Archived from the original on January 10, 2017. Retrieved January 9, 2017. ^ Morrissey, Brian (August 15, 2006). "IAC Buys CollegeHumor.com". Adweek. Archived from the original on November 13, 2014. Retrieved January 15, 2015. ^ "IAC to Buy Lexico to Boost Its Ask.com" Archived July 9, 2017, at the Wayback Machine. Wall Street Journal. Retrieved February 11, 2015. ^ "IAC: And Then There Were Five" Archived July 29, 2017, at the Wayback Machine. Forbes. Retrieved June 13, 2010. ^ "IAC purchases Seattle restaurant guide site UrbanSpoon". Seattle Times. April 29, 2009. Archived from the original on February 12, 2015. Retrieved January 29, 2015. ^ Carlson, Nicholas (July 7, 2009). "IAC Buys More Dating Sites For $80 Million". Business Insider. Archived from the original on February 12, 2015. Retrieved January 29, 2015. ^ "IAC Announces Launch of Production Company 'Notional'". PR Newswire. Archived from the original on February 1, 2015. Retrieved January 29, 2015. ^ "Zomato buys Urbanspoon for $52M to enter US". VCCircle. January 12, 2015. Archived from the original on March 14, 2016. Retrieved March 7, 2018. ^ a b c Serwer, Andy (December 2, 2010). "Diller on leaving the top spot at IAC: "The company wasn't being managed correctly"". Fortune. Archived from the original on March 4, 2016. Retrieved February 14, 2016. ^ Robin Wauters (December 2, 2010). "Liberty Exits IAC For Evite, Gifts.com And $220M In Cash – Diller Steps Down As CEO". TechCrunch. Archived from the original on February 22, 2016. Retrieved February 14, 2016. ^ Rao, Leena (February 25, 2010). "Confirmed: Match.com Acquires Singlesnet". TechCrunch. Archived from the original on February 14, 2015. Retrieved February 5, 2015. ^ "IAC Buys Into Fitness Social Network DailyBurn". TechCrunch. May 20, 2010. Archived from the original on February 5, 2015. Retrieved February 5, 2015. ^ Farnham, Alan (January 8, 2013). "Biggest Online Tutor Bought By Barry Diller's IAC". ABC News. Archived from the original on November 21, 2018. Retrieved February 11, 2015. ^ Launder, William (August 3, 2013). "IBT Media to Buy Newsweek from IAC". The Wall Street Journal. Archived from the original on April 6, 2015. Retrieved August 5, 2013. ^ Ronson, Jon (February 12, 2015). "How One Stupid Tweet Blew Up Justine Sacco's Life". The New York Times Magazine. Archived from the original on February 12, 2015. Retrieved February 13, 2015. Going to Africa. Hope I don't get AIDS. Just kidding. I'm white! ^ O'Connell, Mark, "First Thought, Worst Thought" Archived January 16, 2014, at the Wayback Machine, New Yorker, January 13, 2014 ^ Giacomazzo, Bernadette (January 10, 2014). "Top 10 Social Media Rules for Professionals (Hint: Don't Be Like Justine Sacco)". Latin Post. Archived from the original on January 12, 2014. Retrieved January 28, 2014. ^ "IAC to acquire Ask.fm, agrees to combat cyberbullying". Big News Network.com. August 14, 2014. Archived from the original on August 19, 2014. Retrieved August 14, 2014. ^ "Match Group Announces Pricing of Initial Public Offering". PR Newswire. November 18, 2015. Archived from the original on November 20, 2015. Retrieved November 15, 2015. ^ Carville, Olivia (October 11, 2018). "ANGI Homeservices to Buy Handy to Dominate Home Renovations". Bloomberg. Archived from the original on September 2, 2020. Retrieved October 11, 2018. ^ Sullivan, Laurie (January 4, 2019). "eLocal Acquires Felix And CityGrid From IAC To Build On Performance". MediaPost. Archived from the original on January 28, 2023. ^ Cosgrove, Elly (December 20, 2019). "Care.com shares surge after Barry Diller's IAC agrees to buy online caregiver marketplace". CNBC. Archived from the original on December 20, 2019. Retrieved December 20, 2019. ^ Kellaher, Colin; Prang, Allison (December 19, 2019). "IAC/InterActive, Match Group Agree to Full Separation". The Wall Street Journal. Archived from the original on December 19, 2019. Retrieved December 19, 2019. ^ Sapra, Bani (January 8, 2020). "CollegeHumor's parent company pulled its funding, laying off more than 100 employees and leaving a longtime executive to run the company on his own". Business Insider. Archived from the original on January 9, 2020. Retrieved February 10, 2020. ^ "IAC Announces Close of $500 Million Care.com Acquisition". PRNewswire. February 11, 2020. Archived from the original on February 12, 2020. Retrieved February 11, 2020. ^ "IAC and Match Group Complete Full Separation". PRNewswire. July 1, 2020. Archived from the original on July 2, 2020. Retrieved July 1, 2020. ^ "IAC Invests in MGM Resorts International". PRNewswire. August 10, 2020. Archived from the original on September 10, 2020. Retrieved August 10, 2020. ^ "IAC Completes Spin-off Of Vimeo". PRNewswire. May 25, 2021. Archived from the original on May 25, 2021. Retrieved May 25, 2021. ^ "IAC's Dotdash Announces Close of Meredith Transaction". PR Newswire. December 1, 2021. Archived from the original on September 15, 2022. ^ Trachtenberg, Jeffrey A.; Armental, Maria (October 6, 2021). "Magazine Publisher Meredith Agrees to Be Sold to Barry Diller's IAC". Wall Street Journal. Archived from the original on October 7, 2021. Retrieved October 7, 2021. ^ Leach, Kamaron (October 4, 2022). "Apollo-Backed EmployBridge to Acquire Bluecrew From IAC". Bloomberg. Archived from the original on February 21, 2023. Retrieved October 4, 2022. ^ Jamerson, Joshua (May 1, 2017). "IAC Plans to Buy Angie's List". Wall Street Journal. Archived from the original on May 3, 2017. Retrieved May 3, 2017. ^ "Angie's List is Now Angi, A New Way to Help People Love Where They Live". Globe Newswire (Press release). March 17, 2021. Archived from the original on October 1, 2021. Retrieved March 17, 2021. ^ "ANGI : Summary for ANGI Homeservices Inc. - Yahoo Finance". finance.yahoo.com. Archived from the original on November 12, 2017. Retrieved March 7, 2018. ^ "Ask Media Group – Ask Media Group". ^ "IAC - Board of Directors: Chelsea Clinton". Archived from the original on November 4, 2016. View Source14: IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York. View Source15: IAC's businesses are categorized into distinct segments for the purposes of financial reporting. Those segments are labelled by the company as Angi Inc., Dotdash Meredith, Search, and Emerging and Other. Each business listed may have multiple brands connected to it. View Source
IAC Inc.'s product roadmap and expansion strategy for 2024 through 2026 focuses on strategic growth and leveraging artificial intelligence to enhance its offerings. The company is actively exploring mergers and acquisitions, as evidenced by its recent consideration of a Paramount bid 16. Additionally, IAC is integrating AI into its operations to drive innovation and improve user experiences 17. The company continues to expand its portfolio through acquisitions, such as the recent purchase of Meredith Corporation's National Media Group and the investment in MGM Resorts International 1819. These initiatives highlight IAC's commitment to growth and adaptation in the evolving media and internet landscape.
16: IAC Steps Up M&A Plans Amid Recent Exploration of Paramount Bid View Source17: IAC Inc (IAC) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and AI Integration View Source18: In October 2021, IAC announced the acquisition of Meredith Corporation's National Media Group for $2.7 billion. The deal closed December 1, 2021,[74] and the acquired Meredith (and the former Time Inc.) assets merged with IAC subsidiary Dotdash, forming a new entity called Dotdash Meredith.[75] View Source19: In August 2020, IAC announced[72] it had invested a 12% stake in MGM Resorts International. View Source