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.

Loading links....
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's 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