Iac Interactivecorp Stock Price, News & Analysis

Wendy Naugle has been appointed as the new Editor-in-Chief of PEOPLE Magazine, replacing Liz Vaccariello who moves to a corporate editorial role at Dotdash Meredith. Naugle has been with PEOPLE since July 2019 as Deputy Editor and has led significant franchises. Her appointment is expected to enhance the editorial strategy under the leadership of President Leah Wyar. Dotdash Meredith, the largest digital and print publisher in America, oversees iconic brands such as Better Homes & Gardens and Investopedia and operates under IAC.

The Daily Beast has launched 'Obsessed,' a new entertainment-focused platform aimed at delivering insightful content on pop culture. Sponsored by Paramount+, Obsessed aims to enhance reader engagement by offering a variety of content, including reviews, interviews, and analysis. Notable features include 'See/Skip,' which provides recommendations on shows and movies, and 'Obsessional,' curating trending stories. The launch comes amid a 40% increase in entertainment traffic for The Daily Beast this year, showcasing the growing demand for trusted entertainment journalism.

IAC (NASDAQ: IAC) disclosed its second quarter financial results on August 9, 2022, along with a shareholder letter. A live-streamed video conference discussing quarterly results for IAC and Angi Inc. (NASDAQ: ANGI) is scheduled for August 10, 2022, at 8:30 a.m. ET, featuring key executives including CEO Joey Levin. The conference aims to provide insights and answer questions on performance metrics. IAC continues to focus on building various businesses, including Angi Inc. and Dotdash Meredith, while remaining committed to financially disciplined growth strategies.

As the back-to-school season approaches, parents are adjusting childcare arrangements due to the return to in-person jobs and hybrid work. Care.com analyzed trends from previous years, revealing that August 2021 was the peak month for back-to-school childcare searches. Notably, 34% of parents sought homework support, willing to pay an average of $18.02/hour, up 2% from the previous year. To better navigate this process, families are advised to determine their work schedules, budget, and specific caregiver needs early on.

IAC (NASDAQ: IAC) is set to announce its second quarter results on August 9, 2022, after market close. CEO Joey Levin will share a letter to shareholders, potentially containing forward-looking insights. Additionally, on August 10, 2022, a live stream will take place at 8:30 a.m. ET, featuring discussions with Angi Inc. regarding their second quarter outcomes. IAC has a history of evolution, having developed into 11 public companies.

IAC (NASDAQ: IAC) released its monthly metrics for June 2022, available on their investor relations website. The company focuses on building businesses through innovation and strategic acquisitions, comprising notable brands like Angi Inc. (NASDAQ: ANGI), Dotdash Meredith, and Care.com. IAC emphasizes a disciplined approach to opportunism while continuing to evolve as a business entity.