IAC/INTERACTIVECORP
'IAC/InterActiveCorp' () is an American internet and media company with interests in electronic retailing, Internet and interactive media, local media services, online personals, real estate and financial services. Its chairman and CEO is billionaire Barry Diller, who controls a majority of the voting stock in the company.
History
Barry Diller became CEO and Chairman of Silver King Communications in 1995. After a 1996 merger with Home Shopping Network the company was renamed HSN, Inc. Subsequently, it was renamed USA Networks, then USA Interactive, then Interactive Corp. Finally, in July of 2004, the company adopted its current name.
Business Units
The company's businesses are organized as follows:
IAC Electronic Retailing
★ HSN
★ Shoebuy.com
★ Bagsbuy.com
IAC Catalog Retailing
★ Cornerstone Brands (ie. Frontgate, Improvements)
IAC Financial Services and Real Estate
★ Domania
★ GetSmart
★ LendingTree
★ iNest
★ Home Loan Center
★ RealEstate.com
IAC Local and Media Services
★ Citysearch
★ Entertainment Publications
★ Evite
★ ServiceMagic
IAC Personals
★ Chemistry.com
★ Match.com
★ Match.com (International) (formerly SoulMates technology)
★ uDate
IAC Teleservices
IAC sold its Teleservices Business to Diamond Castle Holdings, a private equity firm in New York. PRC was sold for $287 million which translates to an after tax gain of $14.4 million.
PRC's management team will remain in place, with John G. Hall continuing as chief executive.
Former Employees
★ Michael Adler, the former Senior Vice President of Financial Analysis has gone on to be the CFO of Expedia.
IAC Ticketing
★ ReserveAmerica
★ Ticketmaster
★ TicketWeb
IAC Media & Advertising
★ Ask.com - purchased in 2005 for $1.85 billion
★ Bloglines
★ Citysearch
★ Evite
★ Excite
★ FunWebProducts.com
★ iWon.com
★ MyWay
IAC Emerging Businesses
★ CollegeHumor.com - entertainment website
★ Vimeo - Video Sharing Site
★ RiffTrax - entertainment website [1]
★ Gifts.com - 2005 Gift Advise Start Up
★ Pronto.com - 2006 Social Shopping Search Engine
★ 236.com - 2007 startup
★ FiLife.com - Personal Finance joint venture with Dow Jones - 2007 Startup
External links
★ Official website
★ IAC Search & Media
★ Ask.com (formerly Ask Jeeves)
★ Bagsbuy.com
★ BlogLines.com
★ Chemistry.com
★ CitySearch
★ Domania
★ Entertainment Publications
★ Evite.com
★ Frontgate.com
★ Getsmart
★ Grandin Road.com
★ Home Loan Center
★ Home Shopping Network
★ iNest
★ LendingTree
★ Match.com
★ Match.com Local Online Dating UK
★ Pronto
★ RealEstate.com
★ Shoebuy.com
★ TicketMaster
★ FiLife.com - Dow Jones / IAC Online Ventures
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