May 20, 2013
IAC/InterActiveCorp (NSQ: IACI) is an Internet conglomerate that owns a series of websites and other media properties including Ask.com, Match.com and Service Magic. On August 2008, IAC launched a divestiture and spun-off four of its bigger segments - HSN, Interval Leisure Group (IILG), Ticketmaster, |Interval Leisure Group (ILG) and Tree.com due to deteriorating financial performances in these operations.[1] Following this restructuring, IAC recorded total revenues of $1.4 billion in 2008 and had been posting net profits for the four quarters ended in 31 October 2009. The new IAC includes its media and subscription-related businesses such as Ask.com search engine, Match.com dating service, online video site Vimeo and virtual would Zwinky. IAC plans to expand its emerging Internet businesses and invest part of its $1.8 billion cash pile in new media production segment in the face of fierce competition in the search business.[2]
(Read more at Wikinvest
) - Company Overview
- Business Financials
- Business Segments
- Media & Advertising (53.2% of 2008 revenues, 63% of 2008 operating income before amortization)
- Match (8% of 2008 revenue, 41% of 2008 operating income before amortization)
- Service Magic (4% of revenue, 12% of 2008 operating income before amortization)
- Emerging Businesses (13% of revenue, -16% of 2008 operating income before amortization)
- Trends and Forces
- Spinning off major segments in a return to its core business
- Acquisitions continue to capitalize the growth of online markets
- Integrating Around Ask.com
- Internet Advertising and E-commerce Strong During a Recession
- Competition
- References
