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In UK Search, Everyone’s Miles Behind Google, Bing’s Overtaking Yahoo

Mar 9, 2010 5:30 AM

Here’s why Microsoft (NSDQ: MSFT) is advertising Bing on UK TV: it’s barely making the tiniest dent in Google’s search leadership. Though Google (NSDQ: GOOG) piled on eight tenths of the 617 million additional searches Brits made since Bing launched in June, Bing took just four percent of them, according…

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Posted In: Search, Research & Metrics, Metrics, Companies, Google, IAC, Microsoft, Bing

IAC’s Citysearch Invests In Ad Marketer OrangeSoda; Expands Local Ad Net CityGrid

Mar 8, 2010 12:00 AM

IAC-owned local guide network Citysearch is expanding its local listings ad service CityGrid through a partnership with search marketer OrangeSoda. Citysearch is also providing an investment in Utah-based OrangeSoda, the amount of which is undisclosed. The move is part of a more aggressive effort by Citysearch to attract more ad…

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Posted In: Advertising, Local, Marketing, Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, Social Media, Companies, IAC, citygrid, orangesoda

The Online Dating Recession

Feb 26, 2010 3:20 PM

Match.com’s Thursday announcement that it had purchased Singlesnet was notable for its upfrontness; the company acknowledged that Singlesnet’s traffic is “currently in decline”—something it said it hoped to turn around. Turns out, however, that much of the online dating industry is in a traffic slump. comScore (NSDQ: SCOR) figures show…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC

IAC’s Match.com Buys Dating Site Singlesnet

Feb 25, 2010 12:55 PM

IAC’s Match.com is making another acquisition—this time buying up Singlesnet, which as of January was the 11th largest dating site in the world by unique visitors. In a release, Match.com describes the deal as “more of a value acquisition than a strategic one” and notes that Singlesnet’s traffic is on…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Companies, IAC, match.com, singleset

Industry Moves
Ben Silverman’s Electus Hires Starcom Entertainment Vet Caraccioli-Davis

Feb 10, 2010 3:30 PM

Branded advertising veteran Laura Caraccioli-Davis is leaving her long-held perch at Publicis Group’s Starcom Entertainment to join the Ben Silverman-headed IAC unit Electus, Ad Age reports. Silverman left NBC last July to form Electus as a branded entertainment venture with IAC (NSDQ: IACI). The company recently struck a strategic partnership…

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Posted In: Advertising, Industry Moves, Entertainment, Marketing, Media & Publishing, Companies, IAC, electus, laura caraccioli-davis

Earnings
Diller: ‘Ask Is Not For Sale’

Feb 9, 2010 11:08 AM

In case you didn’t get it the first few times, yes, IAC (NSDQ: IACI) Chairman and CEO Barry Diller still believes the search market will consolidate—and no, he isn’t trying to make it happen. He told analysts on the Q4 IAC earnings call: “I don’t know what form that consolidation…

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Posted In: Search, Money, Earnings, Companies, IAC, ask.com, barry diller

Earnings
IAC Writes Down Search Business; Takes $1 Billion Loss For Q4

Feb 9, 2010 8:15 AM

IAC (NSDQ: IACI) bit an accounting bullet in Q4, taking a $991 million impairment charge for its search & media business—including Ask and excluding Citysearch. Without that after-tax charge and an unrelated write down for $12.2 million, IAC would have turned in earnings per share of $.20, an 88 percent…

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Posted In: Search, Money, Earnings, Companies, IAC

Industry Moves
Kucharz Leaves IAC-DJ’s FiLife To Head CBS Local Digital Media; Wiener Promoted To GM

Jan 26, 2010 1:15 PM

A little more than a year after joining FiLife as president and general manger, Ezra Kucharz is leaving to become president of CBS (NYSE: CBS) Local Digital Media. FiLife is the personal finance joint venture between IAC (NSDQ: IACI) and Dow Jones (NYSE: NWS)—and both credit Kucharz with turning around…

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Posted In: Industry Moves, Companies, CBS, IAC, News Corp., Dow Jones, adam wiener, ezra kucharz, filife

U.S., Canadian Regulators Clear The Way For Live Nation, Ticketmaster Merger

Jan 25, 2010 3:24 PM

It’s taken nearly a year, but the U.S. Department of Justice has given the merger between Ticketmaster and Live Nation (NYSE: LYV). The new entity will be called Live Nation Entertainment. In addition to securing the go-ahead from the DOJ, the two ticket sales and events promoters have gotten the…

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Posted In: Entertainment, Legal, Regulatory, Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Comcast, IAC, live nation, ticketmaster

@ CES: Silverman’s Electus Has First Deal—Yahoo

Jan 7, 2010 10:26 PM

Just as one of his last moves at NBC—moving Jay Leno to prime time—starts to publicly unravel, Ben Silverman has the first deal for his new venture with IAC (NSDQ: IACI), Electus: a strategic partnership with Yahoo (NSDQ: YHOO) to develop and produce exclusive original content. So far, sounds like…

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Posted In: Events, CES, Companies, IAC, Yahoo, ben silverman, electus, joanne bradford

SEC Watch: Diller Still Tweaking IAC

Dec 21, 2009 10:30 PM

IAC (NSDQ: IACI)—the gift that keeps on giving. Barry Diller’s latest fine-tuning involves renaming a couple of reporting segments and re-slotting online invite business Evite, according to an SEC filing. The Media & Advertising section, which includes Ask.com and Citysearch, is now known as “Search” while Emerging Businesses has been…

Keep reading for more about Evite. »

Posted In: Search, Companies, IAC, evite

Industry Moves
IAC Hires Slide’s Goli To Lead Dictionary.com

Dec 15, 2009 2:20 PM

IAC (NSDQ: IACI) has appointed Slide media business GM Shravan Goli to head up its Dictionary.com online reference business, which also includes Thesaurus.com and Reference.com. Goli is replacing Doug Leeds, who was named president of Ask.com in the U.S. in October; Leeds had led Dictionary.com in the aftermath of IAC’s…

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Posted In: Industry Moves, Media & Publishing, Companies, IAC

Daily Beast On The Syndication Trail

Dec 7, 2009 6:09 PM

Now branching out in to e-books after recently marking its first birthday, Tina Brown’s Daily Beast is starting to syndicate its webzine content out through third-party destinations. The IAC-backed current affairs zine has just inked deals to publish through MSN in the U.S. and UK, with further agreements with Yahoo…

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Posted In: Social Media, Weblogs, Companies, IAC

Citysearch Gets Real-Time Fever, Lets Biz Owners Log In, Update Twitter Remotely

Dec 7, 2009 12:01 AM

The rush to incorporate real-time status updates has even hit IAC’s Citysearch. Starting today, business owners will be able to create and manage their Twitter accounts directly from a Citysearch page. A restaurant, bar or health clubs’ most recent three tweets will show up alongside their ratings, reviews and other…

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Posted In: Advertising, Local, Social Media, Companies, IAC, Twitter, citysearch, urbanspoon

Industry Moves
Daily Beast Taps Former CNET, Dennis Publishing Exec Colvin As President

Nov 20, 2009 10:13 AM

The Daily Beast has named publishing vet Stephen Colvin as the site’s first president. Colvin has left his post as an EVP of CNET after two years. He was previously president and CEO of lad mag purveyor Dennis Publishing for 11 years. In his new post, he’ll handle all aspects…

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Posted In: Industry Moves, Media & Publishing, Online News, Companies, IAC

IAC’s Notional Flaunts TV Ambitions; Unveils Slate

Nov 18, 2009 11:15 PM

Notional wants to be taken seriously. That might be a little tough ordinarily for a new cross-platform video production company birthed by a website called CollegeHumor but Notional has great genes and, in Barry Diller, a godfather with serious pull. It also has a very real slate with production commitments…

Working with Ben Silverman, development slate and more »

Posted In: Media & Publishing, TV, Technologies / Formats, Broadband, Companies, IAC, barry diller, ben silverman, collegehumor, dave noll, electus, notional, ricky van veen

Industry Moves
IAC’s Mindspark Changes CEOs; Fisher Takes Corporate M&A Lead

Nov 9, 2009 6:05 PM

Joey Levin moves from corporate M&A and finance to CEO of Mindspark Interactive Network, the IAC collection of “fun web products” like Zwinky, succeeding John Park, who wants a more entrepreneurial life after a decade with IAC (NSDQ: IACI). Levin was SVP for M&A and finance. On the M&A side,…

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Posted In: Industry Moves, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, IAC, barry diller, joey levin, john park, mark stein, mindspark, shana fisher, zwinky

Exclusive
Industry Moves
YouTube’s Content Head Jordan Hoffner Leaving To Join Ben Silverman’s New Venture

Nov 2, 2009 10:30 PM

Jordan Hoffner, the head of content partnerships for YouTube, is leaving the company, and joining Ben Silverman’s new content venture at IAC (NSDQ: IACI), we have learned. The move from YouTube was announced internally today. This is the second senior digital exec to join Silverman’s venture, after we first reported…

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Posted In: Features, Exclusive, Industry Moves, Companies, Google, YouTube, IAC, ben silverman, jordan hoffner

Diller: No Blockbuster Acquisitions In The Cards But If You Want To Buy Ask ...

Oct 27, 2009 3:50 PM

Updated: Don’t think big thoughts when you look at that $1.8 billion-plus in IAC’s bank account: Barry Diller is sticking to his guns when it comes to major acquisitions. He told analysts during the Q3 earnings call that he’s more inclined to repatriate the money through buybacks, not through M&A…

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Posted In: Money, M&A & Venture Capital, Companies, IAC

Earnings
IAC Turned A Profit In Q3 But Media & Advertising, Emerging Biz Revs Down Double Digits

Oct 27, 2009 7:33 AM

Another profitable quarter for IAC (NSDQ: IACI) (that’s two in a row) aided by $35 million in gains from the sale OpenTable shares and Match Europe, and by lower corporate costs compared to the spinoff numbers last year. Even without the gains, IAC still beat the Thomson First Call consensus…

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Posted In: Advertising, E-Commerce, Search, Money, Earnings, Companies, IAC, ask.com, match.com

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