IAC Reports Q1 2020 Results 644.2 KB Diller, in his role as acting CEO, stated the company had become “sclerotic and bloated” and that employees were “all life and no work.”On 23 April 2020, Peter Kern was appointed as CEO of Expedia Group. Since Match Group's initial public offering in 2015, the company has more than doubled subscribers and revenue. IAC was established in 1986 as Silver King Broadcasting Company, as part of a plan to increase viewership of the Home Shopping Network (HSN) by purchasing local television stations. Each business listed may have multiple brands connected to it. Those segments are labelled by the company as ANGI Homeservices Inc., Vimeo, Dotdash, Search, and Emerging and Other. Copyright © 2020 PR Newswire Association LLC. On May 1, 2017, IAC announced it had entered into a definitive agreement with Companies with an annual revenue of over US$2 billion
In 2003, it was fully purchased by IAC/InterActiveCorp.In August 2005, IAC spun off Expedia Inc., which owned its travel group of businesses, including In December 2011, Expedia, Inc. spun out TripAdvisor Media Group, retaining its portfolio of travel transaction brands.On December 21, 2012, Expedia bought a majority stake in travel metasearch engine In 2012, Expedia's Egencia unit acquired Via Travel, the largest travel company in Norway.In March 2018, Expedia, Inc. announced that it had changed its name to Expedia Group, Inc.On Dec. 4, 2019, Mark Okerstrom and Alan Pickerill resigned as CEO and CFO, respectively.
For more details on factors that could affect these expectations, please see IAC's and Match's filings with the SEC, including the joint proxy statement/prospectus. These statements are often characterized by terminology such as "believe," "hope," "may," "anticipate," "should," "intend," "plan," "will," "expect," "estimate," "project," "positioned," "strategy" and similar expressions, and are based on assumptions and assessments made by IAC's and Match's management in light of their experience and their perception of historical trends, current conditions, expected future developments, and other factors they believe to be appropriate. In December 1996, Silver King acquired an 80% stake in HSN for $1.3 billion in stock, and changed its own name to USA Networks merged the online division of Ticketmaster with city guide website In the early 2000s, USA Networks began divesting itself of its traditional television broadcasting and production units. The company was later renamed as HSN Communications, Inc., and then Silver King Communications, Inc. Forward-looking statements may include, but are not limited to, statements relating to IAC's and Match's anticipated financial performance, objectives, plans and strategies, and all statements (other than statements of historical facts) that address activities, events or developments that IAC and Match intend, expect, project, believe or anticipate will or may occur in the future. In May 2017, HomeAdvisor combined with Angie's List, forming the new publicly traded company ANGI Homeservices Inc. 14832-prev-Prev Brand Mosaic Group -next-Next Brand Mosaic Group . The Daily Beast. IAC and Match undertake no duty to update or revise any such statements, whether as a result of new information, future events or otherwise.
Filing date View; Apr 30, 2019
The timeline shows the annual revenue of the Match Group from 2012 to 2019. Learn More. In addition, IAC received Pre-transaction shareholders of Match Group (other than IAC) received one share of "new" Match Group common stock plus either (i) Certain statements and information in this communication may be deemed to be "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. The company made its stock market debut in October 2017. In 1992, Silver King was spun off to HSN shareholders as a separately traded public company.