InterActiveCorp

Barry Diller is the CEO of InterActiveCorp.

InterActiveCorp (IAC) is a force in electronic commerce, both on television and online. The company owns the Home Shopping Network (HSN), along with Ticketmaster, Citysearch and Match.com among many other services (see the list below).

Home Shopping Network is one of the leaders in American television direct retailing, although as measured by total sales it is second to QVC, a service of Liberty Media Corporation. Other competing services include Shop at Home (from E.W. Scripps Co.) and ShopNBC (from NBC Universal).

Home Shopping Network had total revenues of $2.38 billion in 2004. As a group, TV retailers had 2004 revenues of about $7 billion. In a 2003 report, Morgan Stanley & Co. estimated that about 12% of the U.S. population watches home shopping services on TV.

In July 2005 the company decided to spin off the online travel business Expedia, making it an indepedent company.

Also in July 2005, InterActiveCorp bought search engine Ask Jeeves, continuing a long history of acquisitions, divestitures and related financial gymnastics.

CEO Barry Diller has been criticized for richly compensating himself - to the tune of $469 million in 2005 - to run the company.

The company had revenue of $6.2 billion in 2004.

Contact Information

National Media Properties

Select a media outlet to find a detailed profile at Mondo Times, the worldwide media guide.

Other InterActiveCorp Properties

Comments about InterActiveCorp

No comments have been provided.

Add Your Comments