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IAC

IAC Hints at Upcoming Investments, Growth in Dotdash

IAC is beginning to see some benefits from its acquisition of Meredith Corp., while hinting that another investment is on the horizon.  The company acquired a 12 percent stake in MGM Resorts International in August 2020, a choice which executives said was made after looking for solid businesses that could emerge from COVID-19 relatively unphased. […]

Entertainment Weekly, InStyle to End Print Editions Following IAC Acquisition, 200 Layoffs Planned

Six magazine titles formerly owned by Meredith Corp. will end the publication of print issues, DotDash Meredith CEO Neil Vogel told staff Wednesday. Impacted titles include Entertainment Weekly, InStyle, Health, EatingWell and Parents. As part of the cuts, the company plans to eliminate 200 jobs, mostly supporting the print operations. Some of the other former […]

IAC’s Dotdash Acquires People Magazine Publisher Meredith Corp. in $2.7B Deal

Meredith Corp., the publisher of brands like People magazine, Entertainment Weekly and InStyle, has sold to Dotdash, a digital publishing subsidiary of Barry Diller’s IAC, in a deal valued at $2.7 billion, the companies said Wednesday. The deal is expected to close Dec. 1, with the newly combined company called Dotdash Meredith and led by […]

Jennifer Lawrence to Star in Untitled A24 Drama

In-demand New York stage director Lila Neugebauer will make her feature debut on the project from first-time screenwriter Elizabeth Sanders, produced by Scott Rudin and Eli Bush.

Barry Diller Warns Studios, “Those Who Chase Netflix Are Fools”

Onetime film and television CEO Barry Diller offered an apocalyptic vision of the entertainment business during a podcast interview released Friday, arguing that in the face of Netflix and Amazon, "Hollywood is now irrelevant," yet "those who chase Netflix are fools."

Ben Silverman’s Propagate Acquires Electus, Majority Interest in Artists First

Propagate acquires Electus, majority interest in Artists First in effort to become full-service global studio.

Twitch Hires First Head of Diversity and Inclusion

Twitch on Thursday announced Katrina Jones will be the streaming service's first official head of diversity and inclusion. Also announced were the hires of Michelle Weaver as CEO and Sudarshana Rangachary as chief human resources officer.

Vimeo Launches Stock Footage Marketplace

Vimeo is launching a stock footage marketplace sourced from its community of creators. Clips range in price from $79 to $500, depending on the quality and exclusivity of the video.

Barry Diller’s IAC Sued by Tinder Co-Founders for $2 Billion

Former Tinder CEO Sean Rad and several other current and former employees are suing IAC and Match Group, alleging that the companies intentionally undervalued the popular dating app to deny early employees billions in stock options.

Barry Diller Weighs in on #MeToo Movement: “All Men Are Guilty”

In a wide-ranging interview with The New York Times, the IAC chairman also weighed in on Trump, 'Red Sparrow,' 'The Shape of Water' and whether he would want to run a studio in 2018.

Vimeo Promotes Anjali Sud to CEO

Sud, who previously served as general manager of Vimeo's creator business, replaces IAC CEO Joey Levin, who had been filling in as the streaming video company's interim chief.

Vimeo Scraps Plans for Subscription Video Service

The IAC-owned company is dissolving its development team as it plans to refocus on its creator community.