IAC completes spin-offs of HSN, Ticketmaster, other businesses

Share this content:

IAC has completed the spin-offs of HSN Inc. (HSNi),  Interval Leisure Group, Ticketmaster and Tree.com to IAC shareholders.

Starting August 21, the new entities began trading as independent publicly companies on the NASDAQ National Market.

"Armed with outstanding management teams, appropriate capital structures and their own currencies, HSNi, Ticketmaster, Interval and Tree.com are now ready for independent futures ... while the Internet businesses that make up new IAC can operate with a collective purpose and common goals," said Barry Diller, chairman and CEO of IAC, in a statement.

IAC announced its intention to divide the company into five publicly traded companies in November, saying at the time that the complexity of the existing company had hampered understanding with investors. 

The IAC unit encompasses media and advertising brands, including Ask.com, Bloglines, Citysearch, IAC Advertising Solutions, Evite, Match.com and Shoebuy.com.

HSNi includes HSN TV, hsn.com and the Cornerstone Brands Inc. portfolio of multichannel brands: Alsto's, Ballard Designs, Frontgate, Garnet Hill, Smith+Noble and others.

Ticketmaster includes domestic and international operations including Admission.com, Biletix, Echomusic, Lippupalvelu, LiveDaily and TicketWeb.

Interval Leisure Group includes CondoDirect, Resort Quest Hawaii and VacationSource.com.

LendingTree includes RealEstate.com, GetSmart, Home Loan Center and iNest.

close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above