Barry Diller’s IAC Split into Five Units

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This morning, Barry Diller’s Internet conglomerate IAC announced they will split into five separate publicly traded companies.   The break down is as follows:

IAC
Ask.com, Citysearch, IAC Advertising Solutions, Evite, iWon, My Way, Match.com, CollegeHumor, GarageGames, and  Gifts.com

HSN
HSN TV, hsn.com, and  Cornerstone Brands

Ticketmaster
Ticketmaster

Interval International
Interval International

LendingTree
LendingTree

By breaking IAC up into smaller operating units, investors will be able to focus on the individual businesses in each unit, and one poor performing website will have less of an impact on the value of the entire company. Personally, I like the unit that will retain the IAC brand.   More information about this can be found on Yahoo Finance.

1 COMMENT

  1. i agreee, i like the unit that will retain the IAC brand, esp iwon.com. i checked out their relaunched 2.0 site and have been playing turbo solitaire a little obsessively. i also just read about their partnership with facebook for the beacon application. good stuff, thanks again elliot!

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