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IAC (or InterActive Corporation) ranks among the the
world's biggest interactive groups, the corporate umbrella for around 50 different online properties, of which the best
known are search engine Ask.com and dating site Match.com. The group has undergone a series of restructurings over the past
few years, with several other businesses being spun off as independent companies. That process kicked off in 2005 when IAC
demerged its collection of travel-related businesses into a standalone unit, Expedia Inc.
In 2008, the group completed a string of further divestitures, separating out the cable TV service Home Shopping Network (HSN),
global ticket agency Ticketmaster, and consumer finance site Lending Tree as standalone companies. At the same
time the group has continued to add to its portfolio with several smaller acquisitions and investments. IAC remains the
brainchild and principal business vehicle of skilled dealmaker and media mogul Barry Diller. Advertising Age
estimated global measured advertising expenditure of $570m in 2007, making IAC the world's #63 advertiser.
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Competitors: see Media Sector for other companies
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