IAC Split Plan Is Back on Track

Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!

LAS VEGAS Now that his legal feud with John Malone and Liberty Media has ended, Barry Diller said he expects that the carving up of IAC/InterActiveCorp into five separate companies will be completed in August.

Once HSN, Lending Tree, Ticketmaster and the real estate time-share operations are split from Ask.com and the other faster-growing businesses, IAC can “grow over 50 percent in this ’08 or ’09 year,” Diller said.

Diller, speaking at the Goldman Sachs Internet Conference in Las Vegas, referenced Malone’s attempt to prevent the breakup of IAC only briefly.

“We announced this in December,” he said of the breakup.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in