| Type | Public |
|---|---|
| Traded as | NASDAQ: IACI) |
| Industry | Internet |
| Founded | 1995 |
| Headquarters | IAC HQ New York, NY USA |
| Area served | Worldwide |
| Key people |
Barry Diller (CEO) |
| Products | Interactive Online |
| Revenue | $1.64 billion as of 2010 |
| Operating income | $ 169.20 million as of 2010 |
| Net income | $ 99.36 million as of 2010 |
| Total assets | $ 3.44 billion as of 2010 |
| Total equity | $ 2.43 billion as of 2010 |
| Employees | 3,200 as of March 2011 |
| Website | http://www.iac.com |
InterActiveCorp (legal name: IAC/InterActiveCorp) is an American internet company with over 50 brands across 40 countries headquartered in New York City.[1] The Chairman and Senior Executive is Barry Diller,[2][3] who was previously head of Paramount Pictures, Fox Broadcasting and USA Broadcasting.
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IAC was incorporated in 1986 under the name Silver King Broadcasting Company as a subsidiary of Home Shopping Network. In 1992, Silver King was spun-off to Home Shopping Network shareholders as a separately traded public company.
The company has undergone several name changes. February 1998: HSN, Inc. is renamed USA Networks, Inc. May 2002: USA Networks, Inc. is renamed USA Interactive June 2003: USA Interactive is renamed InterActiveCorp July 2004: InterActiveCorp is renamed IAC/InterActiveCorp
In August 2008, IAC spun off several of its businesses, including: Tree.com (NASDAQ: TREE), the Home Shopping Network, Ticketmaster, and Interval Leisure Group (NASDAQ: IILG).[4]
In February 2011, IAC acquired the free-to-contact dating site, OkCupid, for $50 million.[5]
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.[6]
IAC owns several companies and websites, among these are:[7]
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