Iac Interactivecorp Stock Price, News & Analysis

Dotdash Meredith, part of IAC (NASDAQ: IAC), will participate in the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021. CEO Neil Vogel will engage in a fireside chat at 8:35 a.m. ET. The event will be live-streamed and available for replay for 90 days at IAC's events page. Dotdash Meredith is America’s largest digital and print publisher, overseeing 40+ brands, including PEOPLE and Investopedia.

IAC has successfully completed the acquisition of Meredith Holdings Corp. for $42.18 per share, forming Dotdash Meredith, which combines renowned brands like PEOPLE and Better Homes & Gardens with digital capabilities. This merger positions Dotdash Meredith as a leading digital and print publisher, reaching 188 million consumers monthly, including 95% of U.S. women. The company anticipates over 70% of its pro forma Adjusted EBITDA in 2021 to derive from digital assets, projecting over $450 million in digital Adjusted EBITDA by 2023.

IAC (NASDAQ: IAC) has released its third quarter financial results and a letter to shareholders, which can be found on their investor relations website. A live-streamed video conference is scheduled for November 5, 2021, at 10:00 a.m. ET, where IAC and Angi Inc. will discuss their third quarter results.

CEO Joey Levin will be joined by other company executives to answer questions during the session. IAC continues to evolve, holding majority ownership of Angi Inc. and operating several brands, including Dotdash and Care.com.

On November 4, 2021, Brides and Investopedia released a collaborative study titled Weddings & Money 2021, revealing the ongoing impact of COVID-19 on weddings. Surveying 1,000 couples, the study found that 41% postponed their weddings, with 91% implementing COVID-19 precautions. The average wedding budget is $20,000, with couples increasingly using loans and credit cards to finance expenses. Creative funding methods are emerging, and 48% of couples already share joint finances. The research indicates a trend toward smaller, more personalized weddings.

Transphorm, Inc. (OTC-PINK: TGAN) has appointed Cindi Moreland to its Board of Directors as of October 20, 2021. With over 30 years in the legal field, Moreland brings extensive experience, having served as general counsel for notable firms including Care.com and Samsung Mobile USA. This appointment follows the earlier additions of Ms. McFarland and Ms. Smales, highlighting the company’s commitment to board diversification. Concurrently, Brittany Bagley resigned from the Board to focus on her career, with no operational disagreements reported.

Daily Burn has launched a new program, Baby Bump & Beyond, tailored for pregnancy and postpartum fitness. Co-founded by specialists Nicole Coons and Kendra Fitzgerald, the program includes 24 workouts for the second and third trimesters and 6 recovery sessions for postpartum recovery. The initiative aims to empower women with safe, effective routines that incorporate strength, yoga, and breathing techniques. Membership starts with a 30-day free trial, granting access to a variety of workouts and expert advice.

IAC (NASDAQ: IAC) will release its third quarter results after market close on November 4, 2021. CEO Joey Levin will provide a shareholder letter, potentially including forward-looking statements. A joint video conference with Angi Inc. will be held on November 5, 2021, at 10:00 a.m. ET to discuss the earnings results and answer questions. The video will be publicly available. IAC focuses on acquiring and building companies, maintaining majority ownership of Angi Inc. and operating notable brands such as Dotdash and Care.com.