IAC (company)

IAC (Company)

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IAC (company)

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Description:
InterActiveCorp (legal name: IAC/InterActiveCorp) is an internet company with over 50 brands across 40 countries headquartered in New York City. The Chairman and Senior Executive is Barry Diller, who was previously head of Paramount Pictures, Fox Broadcasting and USA Broadcasting.

History

In August 2008, IAC spun off several of its businesses, including: Tree.com (), the Home Shopping Network, Ticketmaster, and Interval Leisure Group ().. Forbes. Retrieved June 13, 2010.

In February 2011, IAC acquired the free-to-contact dating site, OkCupid, for $50 million.

In April 2011, IAC extended the deal with Google to hand over all search advertising on Ask.com and other IAC search products to the search giant, which was worth $3.5 billion in 2007, to end on March 31, 2016.

Businesses

IAC owns several companies and websites, among these are:

  • People Media


  • The Newsweek Daily Beast Company (50% ownership)


  • DiGa
  • Shoebuy.com


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