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Industry Moves
More Turmoil At Newsweek/Daily Beast As Three Top Executives Exit

Nov 14, 2011 4:27 PM

IAC (NSDQ: IACI) CEO Barry Diller told investors this summer that the company could tolerate the continued losses at the combined Newsweek/Daily Beast, but it looks like patience is wearing thin. The NYT reports that the magazine’s publisher and two top executives are no longer with the company.

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Posted In: Advertising, Industry Moves, Marketing, Media & Publishing, Magazines, Companies, IAC, daily beast, edward felsenthal, newsweek, ray chelstowski, tom weber

Industry Moves
SEC Watch: Chelsea Clinton Joins IAC Board

Sep 26, 2011 4:15 PM

Chelsea Clinton—yes, that Chelsea Clinton—and Sonali De Rycker, a partner at Accel Partners in London, are joining the board of Barry Diller’s IAC (NSDQ: IACI).

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Posted In: Industry Moves, Money, Companies, IAC, barry diller, chelsea clinton, michael eisner, rich zannino, sonali de rycker

Earnings
IAC’s Diller: Daily Beast/Newsweek Losses Are More Than Tolerable

Jul 27, 2011 12:03 PM

IAC’s media businesses—The Daily Beast/Newsweek, digital entertainment studio Electus and video site College Humor—don’t often get a lot of attention during the company’s earnings calls, since they’re fairly small compared to the dating properties and the search business. But CEO Barry Diller said that will likely change within the next…

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Posted In: Advertising, Marketing, Media & Publishing, Magazines, Money, Earnings, Companies, IAC

Earnings
IAC Revenue Up 23 Percent; Beast Losses Continue

Jul 27, 2011 8:10 AM

IAC (NSDQ: IACI) Q2 net income more than tripled from a year ago to $42.4 million, as healthy growth across the board - and especially from search - pushed revenue up by nearly a quarter to $485.4 million.

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Posted In: Money, Earnings, Companies, IAC

CityGrid Tries To Spur Developers To Feature Local Businesses In Apps

Jun 23, 2011 8:00 AM

The promise of mobile advertising is resting more and more on local targeting efforts, but the practice is not necessarily as easy as it sounds. IAC’s local advertising network CityGrid Media’s latest mobile ad effort involves enticing app developers to do more of the work by including more local businesses…

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Posted In: Advertising, Local, Apps, Marketing, Mobile, Companies, IAC, citygrid

IAC’s CityGrid Buys Remaining Stake In Social Media Analyzer BuzzLabs

May 5, 2011 12:01 AM

IAC’s local advertising network CityGrid Media has acquired the remaining stake in social media analyzer BuzzLabs as it looks to provide additional layers of social media analysis to its marketing and publishing partners.

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Posted In: Advertising, Local, Marketing, Media & Publishing, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, IAC, buzzlabs, citygrid

Earnings
IAC’s Diller: Don’t Expect A Match Spinoff; Google Deal Extended

Apr 26, 2011 11:50 AM

With personals’ unit Match having grown revenues 25 percent in Q4, would this be a good time for IAC (NSDQ: IACI) to spin it off? At least one analyst wondered that during the company’s Q1 earnings call, but CEO and chairman Barry Diller waved that idea off—at least for now.

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Posted In: Apps, Marketing, Media & Publishing, Mobile, Money, Earnings, Search, Companies, Google, IAC

Earnings
IAC Profits, Revenues Surge; Cites Reduced Losses At Daily Beast

Apr 26, 2011 8:49 AM

IAC (NSDQ: IACI) turned in another solid quarter as revenues from search, dating site Match and local home improvement site ServiceMagic all rose in double digits. Even the media segment, which absorbed Newsweek as part of a joint venture with The Daily Beast during the early part of the quarter,…

EPS* Rev. vs Q110 Net Inc. vs Q110
IAC Release Beat Analysts' Estimates Revenue Indicator 25% Net Income Indicator 58%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Local, Money, Earnings, Search, Companies, IAC

IAC Re-Ups Its Search Deal With Google

Apr 11, 2011 12:40 PM

IAC (NSDQ: IACI), which already had a long-standing agreement with Google (NSDQ: GOOG) under which the dominant search engine powered the search ads on Ask.com and some of the company’s other sites, has now extended the deal through 2016. The agreement, which had been renewed at least once previously, was…

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Posted In: Search, Companies, Google, IAC

Industry Moves
IAC Adds Eisner To Its Board

Mar 15, 2011 12:27 PM

A high profile addition to IAC’s board: Michael Eisner. The former Disney (NYSE: DIS) CEO will become the thirteenth member of the company’s board, which already included big media names such as former Dow Jones (NSDQ: NWS) CEO Richard Zannino, Warner Music CEO Edgar Bronfman Jr., and, of course, chairman…

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Posted In: Industry Moves, Companies, Disney, IAC, Tribune, michael eisner

Guest Voices
Why Video Is So Hard To Monetize

Feb 23, 2011 2:30 PM

Ashkan Karbasfrooshan is CEO of WatchMojo, a video content producer. He tweets at @ashkan. As my company, WatchMojo, celebrates its fifth year in business, it is interesting to look back at how our distribution and monetization strategy has shifted.

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Posted In: Advertising, Features, Guest Voices, Marketing, Mobile, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, Companies, IAC

IAC’s Mindspark Buys VoxPop’s Gaming Platform

Feb 10, 2011 9:29 AM

Mindspark Interactive Network, the IAC (NSDQ: IACI) unit that houses various online contest and gaming properties, has acquired the gaming platform created by VoxPop. The VoxPop platform, including its trivia engine, has been used to power pop culture games in genres ranging from music to news. Mindspark will attach the…

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Posted In: Entertainment, Games, Marketing, Mobile, Social Media, Companies, IAC

Earnings
IAC’s Blatt Explains The OkCupid Purchase

Feb 2, 2011 12:00 PM

Leading his first earnings call since being named IAC’s CEO, a very fast talking Greg Blatt said the company’s $50 million purchase of ad-supported dating site OkCupid would round out IAC’s dating offerings. “Different people at different stages want different things,” he said. Blatt said OKCupid, which lets users build…

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Posted In: Advertising, Money, Earnings, Companies, IAC, greg blatt, okcupid

Earnings
IAC’s Sales Beat Expectations Rising 27 Percent

Feb 2, 2011 7:00 AM

IAC (NSDQ: IACI), which rejiggered its operations during the most recent quarter, laying off employees at its search business and swapping Evite and Gifts.com for Liberty Media’s holdings in the company, posted a better-than-expected 27 percent increase in sales. All of the company’s business units reported increases in revenue for…

EPS* Rev. vs Q0409 Net Inc. vs Q0409
IAC Release Beat Analysts' Estimates Revenue Indicator 27% N/A
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Money, Earnings, Search, Companies, IAC, Liberty Media

The Morning Lowdown 01-28-11

Jan 28, 2011 6:30 AM

Some of the stories people are talking about this morning:»  The Newspaper Guild of New York, which represents Newsweek edit staffers, has given its assent to merger between the magazine IAC’s Daily Beast. [Release] »  Granted, it was noteworthy that Microsoft (NSDQ: MSFT) handily beat analysts’ Q4 estimates. But the…

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Posted In: Advertising, Features, The Morning Lowdown, Marketing, Media & Publishing, Magazines, Newspapers, Technologies / Formats, E-Mail, Companies, Comcast, Google, IAC, Microsoft, MSNBC, NBC Universal, NBC, Tribune

Lawsuit Claims More Than Half Of Match.com Profiles Are Inactive Or Fake

Jan 18, 2011 2:16 PM

The online dating industry is now about 15 years old, but sites continue to be dogged by allegations that they’re bloated with fake or inactive profiles. Attorneys who filed the newest lawsuit in this vein, on behalf of five Match.com users who are asking for class action status, say their…

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Posted In: Legal, Companies, IAC, class action, match.com

Ask.com Puts Mobile At The Heart Of Its Turnaround Strategy

Dec 15, 2010 7:43 AM

Ask.com’s latest turnaround strategy, in the wake of layoffs and reports of selloffs by parent IAC (NSDQ: IACI), has seen the site return to its roots as a Q&A service. But in the process of doing that, it’s been asking the biggest question of all: is mobile the way forward…

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Posted In: Apps, Mobile, Research & Metrics, Research, Search, Social Media, Technologies / Formats, GPS Navigation & Maps, Companies, Apple, IAC, ask.com

Video: New IAC CEO Blatt On His Company’s Not-So-New Strategy

Dec 7, 2010 5:00 PM

Greg Blatt turned to CNBC (NYSE: GE) today to make what appears to have been his first public appearance since taking over as IAC’s CEO last week. Blatt used the interview to go over his approach to IAC’s various businesses, which doesn’t seem very different than that of his predecessor,…

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Posted In: Companies, IAC

The Morning Lowdown 12.07.10

Dec 7, 2010 6:30 AM

Some of the stories people are talking about this morning:»  As Newsweek merges with The Daily Beast, Tina Brown has turned to Bloomberg BusinessWeek managing director Ciro Scotti to help guide the titles through the combination. [Mediaweek] »  A large Borders shareholder wants the company to buy its bigger competitor…

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Posted In: Features, The Morning Lowdown, Media & Publishing, Books, Research & Metrics, Research, Companies, CBS, Hulu, IAC

Industry Moves
Post-Malone, Diller Moves Out Of CEO Role; Promotes IAC Vet Blatt

Dec 2, 2010 9:36 AM

Two moves today for IAC (NSDQ: IACI) that most companies would separate but in this case decided to pair: Barry Diller has stepped aside as CEO, making way for Greg Blatt, president of Match.com, just as the company solves the conundrum of how to handle its relationship with John Malone’s…

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Posted In: Industry Moves, Search, Companies, IAC, barry diller, evite, gifts.com, greg blatt, john malone, liberty media

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