Welcome to our dedicated page for Iac Interactivecorp news (Ticker: IAC), a resource for investors and traders seeking the latest updates and insights on Iac Interactivecorp stock.
IAC Inc. (NASDAQ: IAC) is an internet content and communications services company that describes its mission as building businesses, often in digital media, online marketplaces, and related categories. Company news highlights that from a single original entity, IAC has produced multiple independent, publicly traded companies and continues to operate category-focused platforms such as People Inc. and Care.com, alongside strategic equity positions in MGM Resorts International and Turo Inc.
News about IAC frequently centers on earnings releases, investor presentations, and conference participation. The company regularly announces quarterly results and hosts earnings conference calls, with details furnished through press releases and Form 8-K filings. These updates give investors and analysts insight into segment performance, capital structure developments, and management’s discussion of operating conditions.
Another major stream of IAC-related news comes from its subsidiaries. People Inc., described as America’s largest digital and print publisher and formerly known as Dotdash Meredith, issues announcements about brand strategy, rebranding, and content partnerships. Recent examples include the renaming to People Inc. and an AI content partnership with Meta to provide real-time lifestyle content to Meta AI users, building on earlier commercial agreements with OpenAI and Microsoft.
Care.com, part of the IAC family, generates news around new services and tools in family and senior care. One release describes the launch of a Senior Care Advisor service that connects families with master’s-level social workers to create individualized care plans, reflecting how IAC-affiliated platforms expand their offerings.
Visitors to this IAC news page can review a stream of company and subsidiary announcements, including earnings communications, financing and credit agreement updates, partnerships, product and service launches, and governance matters disclosed via SEC filings. Checking this page helps readers follow how IAC’s mix of media, care, search, and marketplace businesses evolves over time.
IAC has released its monthly metrics for December 2020, which are now available on the investor relations section of its website. The company, headquartered in New York City, focuses on building and operating various brands, including Vimeo, Dotdash, and Care.com. IAC has a history of evolving through acquisition and innovation, maintaining financially-disciplined opportunism. The metrics provided may offer insight into the company’s performance and future direction.
IAC (NASDAQ: IAC) has announced a plan to spin off its complete stake in Vimeo, making it an independent public company. This marks the 11th spin-off from IAC. The transaction involves a reclassification of IAC shares, enabling stockholders to receive Vimeo shares. A stockholder meeting is scheduled for Q1 2021 to approve the proposal, with completion expected in Q2 2021. The spin-off is designed to be tax-free for stockholders. The separation aims to unlock Vimeo's growth potential and create a 'pure-play' equity currency for future capital raises.
IAC has released its monthly metrics for November, now accessible on its investor relations website. The company continues its mission to build and acquire innovative products and brands, operating notable entities like Vimeo, Dotdash, and Care.com. IAC's portfolio also includes a majority stake in ANGI Homeservices, which comprises services such as HomeAdvisor, Angie's List, and Handy. The firm emphasizes a principle of financially-disciplined opportunism in its evolving business landscape.
IAC will participate in the Barclays Global Technology, Media and Telecommunications Conference on December 10, 2020. The fireside chat featuring Glenn Schiffman, CFO of IAC, is scheduled for 10:30 a.m. ET. A live webcast will be accessible to the public via their investor relations page.
IAC is a leading company builder, operating brands like Vimeo and Dotdash, and is headquartered in New York City.
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Vimeo, an operating business of IAC (NASDAQ: IAC), will participate in the UBS Global TMT Virtual Conference on December 7, 2020. Anjali Sud, CEO of Vimeo, will be featured in a fireside chat scheduled for 12:05 p.m. ET. A live webcast of the event will be accessible to the public via IAC's investor page.
As a leading professional video platform, Vimeo serves over 175 million members across more than 150 countries, helping users create and market impactful videos. For more information, visit www.vimeo.com.
IAC has announced the appointment of Kendall Handler as Senior Vice President and General Counsel, effective January 1, 2021. She succeeds Gregg Winiarski, who will step down on December 31, 2020, after over a decade in this role. Ms. Handler joined IAC in 2017, leading significant transactions, including the acquisition of Care.com and a $1 billion investment in MGM. CEO Joey Levin praised her contributions and expressed confidence in her leadership as IAC continues to build its future.
On November 17, 2020, The Spruce, a Dotdash brand, launched its new Organization Collection in partnership with Lowe's. Designed for innovative home organization, the product line includes BPA-free clear plastic bins in various shapes and sizes that enhance space utility. This collection marks its first entry into physical retail, with more than 100 application ideas identified by The Spruce's editorial team to assist customers in organizing their homes. The product line is available in Lowe's stores nationwide and online.
RoboKiller recently reported a surge in political text messages following the November 2020 elections, estimating nearly 270 million messages sent from November 4 to November 9. The majority of texts were from Republican sources, totaling over 216 million, but a 17% drop was noted since November 3. In contrast, Democratic messages saw a significant 65% decrease, dropping to under 8.5 million per day. RoboKiller anticipates continued high levels of political texting as future elections approach, emphasizing the importance of managing unwanted messages.
IAC has released its third quarter financial results along with a letter to shareholders, available on its investor relations website. A virtual conference call discussing the results will be held on November 6, 2020, at 8:30 a.m. ET. Key participants include CEO Joey Levin and CFO Glenn H. Schiffman. IAC continues its legacy of building and acquiring companies, maintaining ownership of brands like Vimeo, Dotdash, and ANGI Homeservices, which includes HomeAdvisor and Angie's List. The company is based in New York City.
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