[Q4 2024 Financial Highlights](index=1&type=section&id=IAC%20REPORTS%20Q4%202024) IAC's Q4 2024 revenue decreased 6% to $989.3 million, with a net loss of $199.0 million primarily from an MGM investment loss, alongside strong Dotdash Meredith digital growth and an approved Angi Inc. spin-off [Q4 2024 Summary Results](index=1&type=section&id=IAC%20SUMMARY%20RESULTS) IAC's Q4 2024 saw a 6% revenue decrease and 9% Adjusted EBITDA decline, with a net loss driven by an MGM investment, alongside an approved Angi Inc. spin-off and strong Dotdash Meredith digital growth IAC Q4 2024 Summary Financial Results | ($ in millions except per share amounts) | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | **Revenue** | $989.3 | $1,058.0 | -6% | | **Operating income (loss)** | $50.6 | $(37.0) | NM | | **Net (loss) earnings** | $(199.0) | $327.8 | NM | | **Diluted loss (earnings) per share** | $(2.39) | $3.70 | NM | | **Adjusted EBITDA** | $142.0 | $156.8 | -9% | - The IAC Board of Directors has approved a plan to spin off its entire stake in Angi Inc. to IAC shareholders, with the transaction expected to close in the first half of 2025[5](index=5&type=chunk) - Concurrently, Joey Levin will step down as IAC CEO to become an advisor and will be appointed Executive Chairman of Angi Inc.[5](index=5&type=chunk) - Dotdash Meredith's Digital revenue increased by **10% to $311 million**, marking the fourth consecutive quarter of double-digit growth and pushing full-year Digital revenue over **$1 billion**[4](index=4&type=chunk)[5](index=5&type=chunk) - For the full year 2024, net cash from operating activities increased by **$165 million to $355 million**, and Free Cash Flow rose by **$241 million to $289 million**[5](index=5&type=chunk) [Discussion of Financial and Operating Results](index=3&type=section&id=DISCUSSION%20OF%20FINANCIAL%20AND%20OPERATING%20RESULTS) Total revenue declined 6% in Q4 2024, primarily due to decreases in Angi Inc., Search, and Emerging & Other, offset by Dotdash Meredith's growth, significantly improving operating income [Segment Performance Overview](index=3&type=section&id=Segment%20Performance%20Overview) Q4 2024 total revenue declined 6% due to decreases in Angi Inc., Search, and Emerging & Other, offset by Dotdash Meredith's 10% growth, significantly improving total operating income Q4 2024 Revenue by Segment ($ in millions) | Segment | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | Dotdash Meredith | $522.1 | $475.9 | 10% | | Angi Inc. | $267.9 | $300.4 | -11% | | Care.com | $93.7 | $91.3 | 3% | | Search | $89.2 | $133.5 | -33% | | Emerging & Other | $16.6 | $59.1 | -72% | | **Total Revenue** | **$989.3** | **$1,058.0** | **-6%** | Q4 2024 Operating Income (Loss) by Segment ($ in millions) | Segment | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | Dotdash Meredith | $87.3 | $(18.1) | NM | | Angi Inc. | $2.2 | $7.6 | -72% | | Care.com | $4.6 | $5.3 | -13% | | Search | $6.0 | $7.5 | -19% | | Corporate | $(42.3) | $(38.2) | -11% | | **Total Operating Income (Loss)** | **$50.6** | **$(37.0)** | **NM** | [Dotdash Meredith](index=4&type=section&id=Dotdash%20Meredith) Dotdash Meredith's revenue grew 10% year-over-year, driven by digital performance marketing and print, with operating income significantly improving due to lower amortization of intangibles Dotdash Meredith Q4 Revenue Breakdown ($ in millions) | Revenue Stream | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | Digital | $310.6 | $283.6 | 10% | | Print | $217.9 | $198.4 | 10% | | **Total** | **$522.1** | **$475.9** | **10%** | - Digital revenue growth was fueled by a **22% increase in performance marketing** (led by **39% affiliate commerce growth**), a **3% rise in advertising revenue**, and a **19% increase in licensing**, partly due to a new partnership with OpenAI[8](index=8&type=chunk) - The significant increase in operating income to **$87.3 million** was largely due to **$86.8 million lower amortization of intangibles**, which was impacted in the prior year by a **$79.9 million impairment charge** on an indefinite-lived intangible asset[9](index=9&type=chunk) [Angi Inc.](index=6&type=section&id=Angi%20Inc.) Detailed financial and operating results for Angi Inc. are available in its separate Q4 2024 earnings release - Further detail on Angi Inc.'s performance can be found in its dedicated Q4 2024 earnings release[10](index=10&type=chunk) [Care.com](index=6&type=section&id=Care.com) Care.com's revenue increased 3% driven by Enterprise segment growth, but operating income and Adjusted EBITDA declined due to legal accruals - Revenue growth was driven by an **18% increase in the Enterprise segment**, attributed to higher back-up care utilization[14](index=14&type=chunk) - Operating income decreased to **$4.6 million**, and Adjusted EBITDA declined to **$7.9 million**, mainly due to **$9.3 million in accruals** for the resolution of certain legal matters[14](index=14&type=chunk) [Search](index=6&type=section&id=Search) Search segment revenue declined 33% due to reduced traffic acquisition costs at Ask Media Group and a decline in the legacy Desktop business, impacting profitability - Revenue fell **33%**, with Ask Media Group revenue down **35%** and Desktop revenue down **23%**[14](index=14&type=chunk) - The decline at Ask Media Group was due to reduced traffic acquisition costs leading to fewer visitors[14](index=14&type=chunk) [Emerging & Other](index=6&type=section&id=Emerging%20%26%20Other) Emerging & Other revenue plummeted 72% primarily due to the divestitures of Mosaic Group and Roofing, widening the operating loss - The significant **72% revenue decline** was mainly due to the sales of Mosaic Group (**$37.5 million** in Q4 2023 revenue) and Roofing (**$6.3 million** in Q4 2023 revenue)[14](index=14&type=chunk) [Corporate and Other Financial Items](index=7&type=section&id=Corporate%20and%20Other%20Financial%20Items) Corporate operating loss increased due to Angi Inc. spin-off costs, the MGM investment was valued at $2.2 billion, and a Q4 2024 income tax benefit was recorded - Corporate operating loss grew by **$4.1 million**, driven by **$3.3 million** in transaction-related costs for the proposed Angi Inc. spin-off[15](index=15&type=chunk) - As of February 7, 2025, IAC held **64.7 million shares** of MGM Resorts International, valued at **$2.2 billion**[16](index=16&type=chunk) - The company recorded a Q4 2024 income tax benefit of **$63.3 million**, for an effective tax rate of **24%**, which was higher than the statutory rate primarily due to state taxes[17](index=17&type=chunk) [Financial Position and Capital Resources](index=8&type=section&id=Financial%20Position%20and%20Capital%20Resources) IAC's financial position as of December 31, 2024, includes $1.8 billion in cash and $2.0 billion in long-term debt, with Dotdash Meredith improving its leverage ratio [Free Cash Flow](index=8&type=section&id=Free%20Cash%20Flow) For full year 2024, IAC generated $289.0 million in Free Cash Flow, a significant increase driven by higher operating cash and lower capital expenditures Free Cash Flow (Twelve Months Ended December 31) | ($ in millions) | 2024 | 2023 | | :--- | :--- | :--- | | Net cash provided by operating activities | $354.5 | $189.5 | | Capital expenditures | $(65.5) | $(141.4) | | **Free cash flow** | **$289.0** | **$48.2** | - The **$240.8 million** year-over-year increase in Free Cash Flow was primarily due to favorable working capital, lower capital expenditures, and higher Adjusted EBITDA[18](index=18&type=chunk) [Liquidity and Capital Resources](index=9&type=section&id=LIQUIDITY%20AND%20CAPITAL%20RESOURCES) As of December 31, 2024, IAC held $1.8 billion in cash and $2.0 billion in long-term debt, with Dotdash Meredith repricing loans and improving its leverage ratio Capital Structure as of December 31, 2024 | Item | Amount ($ in billions) | | :--- | :--- | | Cash and cash equivalents | $1.8 | | Long-term debt | $2.0 | - Dotdash Meredith repriced **$1.18 billion** of Term B loans, reducing borrowing costs by **60 basis points**[23](index=23&type=chunk) - Dotdash Meredith's net consolidated leverage ratio declined below **4.0x**, which increases IAC's financial flexibility[23](index=23&type=chunk) - IAC had **3.7 million shares** remaining in its stock repurchase authorization as of year-end[27](index=27&type=chunk) [Operating Metrics](index=10&type=section&id=OPERATING%20METRICS) Q4 2024 operating metrics show Dotdash Meredith's Core Sessions up 3%, Angi Inc. Service Requests down 16% but with improved monetization, Care.com Enterprise revenue up 18%, and broad declines in Search [Segment Operating Metrics](index=10&type=section&id=Segment%20Operating%20Metrics) Q4 2024 segment metrics show Dotdash Meredith's Core Sessions up 3%, Angi Inc. Service Requests down 16% with improved monetization, Care.com Enterprise revenue up 18%, and broad declines in Search Dotdash Meredith Q4 Metrics | Metric | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | Performance marketing revenue | $86.5M | $71.1M | 22% | | Advertising revenue | $191.8M | $185.5M | 3% | | Core Sessions (millions) | 2,327 | 2,255 | 3% | Angi Inc. Q4 Metrics | Metric | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | Total Revenue | $267.9M | $300.4M | -11% | | Service Requests (thousands) | 3,629 | 4,324 | -16% | | Monetized Transactions per Service Request | 1.45 | 1.27 | 14% | | Transacting Professionals (thousands) | 168 | 196 | -14% | Care.com & Search Q4 Revenue ($ in millions) | Segment/Revenue Stream | Q4 2024 | Q4 2023 | Growth | | :--- | :--- | :--- | :--- | | **Care.com - Enterprise** | $48.6 | $41.3 | 18% | | **Care.com - Consumer** | $45.0 | $50.0 | -10% | | **Search - Ask Media Group** | $74.0 | $113.9 | -35% | | **Search - Desktop** | $15.2 | $19.6 | -23% | [Dilutive Securities](index=11&type=section&id=DILUTIVE%20SECURITIES) The company estimates potential share dilution at approximately 1.2 million shares (1.4-1.5%), with Joey Levin forfeiting 3 million restricted shares [Dilution Analysis and Equity Award Updates](index=11&type=section&id=Dilution%20Analysis%20and%20Equity%20Award%20Updates) The company estimates total share dilution at approximately 1.2 million shares (1.4-1.5%), with Joey Levin forfeiting 3 million restricted shares and certain Angi Inc. equity awards potentially settled in IAC common stock - As part of his Employment Transition Agreement on January 13, 2025, Joey Levin forfeited **3 million shares** of IAC restricted stock granted in November 2020[34](index=34&type=chunk) - The company presents its calculation of potential share dilution, which differs from GAAP methodology, showing total dilution of **1.2 million shares (1.4%)** at a stock price of **$50.00**[32](index=32&type=chunk) - Certain Angi Inc. equity awards can be settled in IAC common stock at IAC's discretion[36](index=36&type=chunk) - The dilution from vested awards expected to be settled in March 2025 is included in the company's dilution calculation[36](index=36&type=chunk) [GAAP Financial Statements](index=12&type=section&id=GAAP%20FINANCIAL%20STATEMENTS) This section presents the unaudited consolidated financial statements, including the statement of operations, balance sheet, and cash flows, providing a comprehensive view of IAC's financial performance and position [Consolidated Statement of Operations](index=12&type=section&id=IAC%20CONSOLIDATED%20STATEMENT%20OF%20OPERATIONS%20%28UNAUDITED%29) Q4 2024 revenue was $989.3 million, with operating income improving to $50.6 million, but a $287.4 million unrealized MGM investment loss led to a $199.0 million net loss Consolidated Statement of Operations Highlights ($ in thousands) | | Three Months Ended Dec 31, 2024 | Three Months Ended Dec 31, 2023 | | :--- | :--- | :--- | | **Revenue** | $989,307 | $1,058,034 | | **Operating income (loss)** | $50,621 | $(36,957) | | **Unrealized (loss) gain on investment in MGM** | $(287,373) | $512,611 | | **Net (loss) earnings** | $(199,390) | $326,650 | | **Diluted (loss) earnings per share** | $(2.39) | $3.70 | [Consolidated Balance Sheet](index=13&type=section&id=IAC%20CONSOLIDATED%20BALANCE%20SHEET%20%28UNAUDITED%29) As of December 31, 2024, total assets were $9.5 billion, down from $10.4 billion due to the MGM investment, with $1.8 billion cash and $1.9 billion net long-term debt Consolidated Balance Sheet Highlights ($ in thousands) | | December 31, 2024 | December 31, 2023 | | :--- | :--- | :--- | | **Cash and cash equivalents** | $1,798,170 | $1,297,445 | | **Investment in MGM Resorts International** | $2,242,672 | $2,891,850 | | **Total Assets** | $9,547,160 | $10,371,177 | | **Long-term debt, net** | $1,931,847 | $1,993,154 | | **Total shareholders' equity** | $6,278,973 | $6,755,003 | [Consolidated Statement of Cash Flows](index=14&type=section&id=IAC%20CONSOLIDATED%20STATEMENT%20OF%20CASH%20FLOWS%20%28UNAUDITED%29) For the twelve months ended December 31, 2024, IAC generated $354.5 million in operating cash, resulting in a $501.0 million net increase in cash and cash equivalents Consolidated Statement of Cash Flows Highlights (Twelve Months Ended Dec 31, $ in thousands) | | 2024 | 2023 | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $354,518 | $189,528 | | **Net cash provided by (used in) investing activities** | $276,825 | $(87,467) | | **Net cash used in financing activities** | $(129,099) | $(223,013) | | **Net increase (decrease) in cash** | $501,014 | $(119,828) | | **Cash at end of period** | $1,807,255 | $1,306,241 | [Full Year 2025 Outlook](index=15&type=section&id=FULL%20YEAR%202025%20OUTLOOK) IAC forecasts FY 2025 Adjusted EBITDA between $345 million and $425 million, with Dotdash Meredith contributing $330-$350 million [FY 2025 Outlook and Q1 Commentary](index=15&type=section&id=FY%202025%20Outlook%20and%20Q1%20Commentary) IAC forecasts FY 2025 Adjusted EBITDA between $345 million and $425 million, with Dotdash Meredith expecting high-single-digit Q1 digital revenue growth and elevated corporate expenses FY 2025 Adjusted EBITDA Outlook ($ in millions) | Segment | FY 2025 Outlook | | :--- | :--- | | Dotdash Meredith | $330 - $350 | | Angi Inc. | $135 - $150 | | Care.com | $45 - $55 | | Search | $10 - $15 | | Emerging & Other | $(25) - $(15) | | Corporate | $(150) - $(130) | | **Total** | **$345 - $425** | - For Q1 2025, Dotdash Meredith expects Digital revenue growth in the high-single digits, while Angi Inc. anticipates revenue declines in the low **20% range** year-over-year[43](index=43&type=chunk) - Corporate expenses in 2025 will be impacted by non-recurring items, most of which are concentrated in Q1, including professional fees for the Match Group litigation, restructuring costs for Joey Levin's departure, and Angi spin-off costs[43](index=43&type=chunk) [Reconciliations of GAAP to Non-GAAP Measures](index=16&type=section&id=RECONCILIATIONS%20OF%20GAAP%20TO%20NON-GAAP%20MEASURES) This section provides detailed tabular reconciliations of GAAP Operating Income (Loss) to non-GAAP Adjusted EBITDA for Q4 and full-year 2024 and 2023, including a forward-looking Q1 2025 reconciliation [Adjusted EBITDA Reconciliations](index=16&type=section&id=Adjusted%20EBITDA%20Reconciliations) This section provides detailed tabular reconciliations of GAAP Operating Income (Loss) to non-GAAP Adjusted EBITDA for Q4 and full-year 2024 and 2023, including a forward-looking Q1 2025 reconciliation - Provides detailed reconciliations of Operating Income (Loss) to Adjusted EBITDA for Q4 and full-year 2024 and 2023, showing adjustments for stock-based compensation, depreciation, and amortization of intangibles for each business segment[45](index=45&type=chunk)[47](index=47&type=chunk) - A specific reconciliation for Dotdash Meredith shows that excluding **$13.0 million** in Q4 2024 severance, its full-year 2024 operating income would have been **$119.9 million** and Adjusted EBITDA would have been **$308.4 million**[48](index=48&type=chunk) - A reconciliation for the Q1 2025 outlook is provided, detailing the expected adjustments from operating income to Adjusted EBITDA for key segments[49](index=49&type=chunk) [Financial Reporting Principles and Metric Definitions](index=19&type=section&id=PRINCIPLES%20OF%20FINANCIAL%20REPORTING) This section defines IAC's key non-GAAP metrics, Adjusted EBITDA and Free Cash Flow, and provides detailed definitions for each business segment's operating metrics [Definitions of Non-GAAP Measures](index=19&type=section&id=Definitions%20of%20Non-GAAP%20Measures) IAC defines its key non-GAAP metrics, Adjusted EBITDA and Free Cash Flow, explaining their components and utility for evaluating business performance - Adjusted EBITDA is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items such as amortization and impairment of intangible assets[52](index=52&type=chunk) - Free Cash Flow is defined as net cash provided by operating activities, less capital expenditures, and is considered useful as it represents the cash generated by operating businesses before non-operational movements[53](index=53&type=chunk) [Metric Definitions](index=20&type=section&id=Metric%20Definitions) This section provides detailed definitions for key operating metrics across IAC's segments, including Dotdash Meredith's 'Core Sessions' and Angi Inc.'s 'Service Requests' - Dotdash Meredith's 'Core Sessions' are defined as unique visits to its most significant owned and operated sites, including brands like People, Investopedia, and Better Homes & Gardens[62](index=62&type=chunk) - Angi Inc.'s 'Service Requests' include submitted domestic service requests, directory contacts, and bookings for Services jobs[65](index=65&type=chunk) - 'Monetized Transactions' are requests matched to a paying professional or completed/in-process Services jobs[66](index=66&type=chunk) - Care.com's 'Enterprise Revenue' is generated from annual contracts with businesses that provide Care.com services as an employee benefit[70](index=70&type=chunk) [Other Information](index=22&type=section&id=OTHER%20INFORMATION) The report concludes with a Safe Harbor statement outlining forward-looking risks and an 'About IAC' section describing its company-building philosophy [Safe Harbor Statement and Company Overview](index=22&type=section&id=Safe%20Harbor%20Statement%20and%20Company%20Overview) The report concludes with a Safe Harbor statement outlining forward-looking risks and an 'About IAC' section describing its company-building philosophy - The Safe Harbor statement lists key risks, including competition from generative AI, changes in relationships with partners like Google, unstable market conditions, and risks associated with the proposed spin-off of Angi Inc.[73](index=73&type=chunk) - IAC describes its corporate strategy as building companies, guided by curiosity and financially-disciplined opportunism, noting that **11 public companies** have emerged from IAC[74](index=74&type=chunk)

Core Viewpoint - IAC has released its fourth quarter financial results along with a letter to shareholders from CEO Joey Levin, and a similar letter from Angi Inc. CEO Jeffrey Kip, indicating ongoing communication and transparency with investors [1]. Group 1: Financial Results - IAC's fourth quarter financial results have been posted on its investor relations website, highlighting the company's performance and strategic direction [1]. - A conference call is scheduled for February 12, 2025, at 8:30 a.m. ET to discuss the financial results of both IAC and Angi Inc. [1]. Group 2: Company Overview - IAC is a company that builds and evolves businesses, having developed 11 public companies over two decades, including Angi Inc., Dotdash Meredith, and Care.com [3]. - The company emphasizes a principle of financially disciplined opportunism, which remains a core aspect of its operations [3].

STOCKHOLM, Feb. 6, 2025 /PRNewswire/ -- October–December 2024 Total sales MSEK 41 794 (39 542) Organic sales growth 4 percent (6) Real sales growth within technology and solutions 6 percent (6) Operating income before amortization MSEK 3 036 (2 683) Operating margin 7.3 percent (6.8) Earnings per share, SEK 2.86 (2.11) Earnings per share before IAC, SEK 3.05 (2.44) Cash flow from operating activities 153 percent (166)January–December 2024 Total sales MSEK 161 921 (157 249) Organic sales growth 5 percent (9) ...

Board Appointments - Warner Bros Discovery has appointed Anthony Noto and Joey Levin to its board of directors, increasing the board size to 13 members [1] - Anthony Noto joined the board on January 8, while Joey Levin will join on February 1, with both standing for election at the company's annual meeting [1] Executive Backgrounds - Anthony Noto is the CEO of SoFi Technologies and previously held executive roles at Twitter (now X) for four years following its IPO, where he served as lead banker for the transaction as co-head of Global TMT Investment Banking at Goldman Sachs [3] - Noto also served as CFO of the National Football League [3] - Joey Levin has over two decades of experience at IAC, holding roles of increasing seniority across mergers & acquisitions, operations, and business management teams, overseeing growth, acquisitions, and spin-offs including Match Group and Vimeo [4] Strategic Value - WBD CEO David Zaslav stated that both new board members bring valuable insights and expertise, with considerable experience in relevant industries and exceptional track records of driving growth, innovation, and shareholder value [2] - The appointments are expected to support the company's strategic and operational objectives to realize the full potential of Warner Bros Discovery [2]

Core Viewpoint - IAC has approved the spinoff of Angi, a home improvement marketplace, expecting the transaction to close in the second quarter of the year, with both companies set to report their fourth-quarter results on February 11 [1][4]. Group 1: Leadership Changes - IAC CEO Joey Levin will transition to an advisory role and become Angi's executive chairman, working alongside CEO Jeff Kip [2]. - Following Levin's departure, IAC will operate without a new CEO, with top executives reporting directly to Chairman Barry Diller [3]. Group 2: Financial Performance - Angi's revenue declined by 16% year-over-year to $296.7 million in the third quarter, attributed to reduced sales and marketing spending [5]. - IAC acquired Angie's List for over $500 million and merged it with HomeAdvisor, resulting in a current market cap of approximately $770 million for Angi, of which IAC owns 85% [6]. Group 3: Historical Context and Strategy - The spinoff of Angi has been under consideration for several years, previously postponed in 2019 during the Match Group transaction [6]. - IAC is recognized for incubating businesses and subsequently spinning them off, having done so with companies like Expedia and Ticketmaster [7].

Leadership and Organizational Changes - Joey Levin will transition from IAC CEO to Executive Chairman of Angi, partnering with Angi CEO Jeff Kip to lead the company's next phase as an independent entity [1][2] - IAC will not appoint a new CEO after Levin's transition, with CFO & COO Christopher Halpin and Chief Legal Officer Kendall Handler reporting directly to Barry Diller, IAC's Senior Executive and Chairman [9] - The leadership reorganization is part of IAC's broader strategy to evolve and focus on its portfolio and new growth opportunities [2] Spin-off Details and Benefits - IAC plans to spin off its full stake in Angi to IAC shareholders, making Angi a fully independent company [1] - The spin-off is expected to be tax-free and will eliminate Angi's dual-class structure, with IAC shareholders receiving one share/one vote common stock of Angi [2] - Angi will benefit from a more attractive equity currency for growth through M&A, capital formation, and talent acquisition, while IAC will focus on its broader portfolio and new opportunities [2] Financial and Strategic Outlook - IAC and Angi reaffirmed prior financial expectations for Q4 2024 [5] - Both companies are expected to benefit from the spin-off by allocating resources to meet their unique business needs and implementing optimal capital structures [2] - Angi aims to expand its pre-priced offerings and balance service requests and directory services on its platforms [3] Industry and Market Context - Angi has helped over 150 million homeowners and hundreds of thousands of small local businesses grow, with a nationwide network of skilled home professionals [4] - IAC's portfolio includes category-leading businesses like Angi, Dotdash Meredith, and Care.com, reflecting its strategy of financially-disciplined opportunism [7] Upcoming Events - IAC and Angi will release their Q4 2024 results on February 11, 2025, followed by a conference call on February 12, 2025, to discuss the results [10]

Leadership and Strategic Changes - Charlotte Triggs has been appointed as the first-ever GM and Editor-in-Chief of the PEOPLE Group at Dotdash Meredith, effective immediately [1] - Triggs will oversee all platforms and content operations for digital and print, succeeding Wendy Naugle, who is leaving after five years [1] - Triggs has a 20-year tenure at PEOPLE, having held roles such as editorial intern, cover writer, TV editor, podcast producer, and news director [2] Company and Brand Overview - Dotdash Meredith is the largest digital and print publisher in America, with nearly 200 million monthly users and over 40 iconic brands, including PEOPLE [3] - PEOPLE, launched in 1974, is a leading entertainment news brand with over 100 million consumers across print, digital, video, podcasts, and social media [4] - The PEOPLE/Entertainment Weekly Digital Network is ranked No 1 in the entertainment news category by ComScore [4] Future Vision and Growth - Triggs emphasizes the importance of merging classic offerings with innovative content consumption and interactivity to shape the future of the PEOPLE brand [3] - The PEOPLE brand has experienced explosive growth in recent years, driven by its digital breaking news and iconic weekly magazine [2]

IAC (NASDAQ: IAC ) reported earnings today together with Angi ( ANGI ) as they usually do. As noted in our last coverage , the OpenAI deal and also the Apple News partnership seems to have kicked in, andThey lead the investing group The Value Lab where they offer members a portfolio with real time updates, chat to answer questions 24/7, regular global market news reports, feedback on member stock ideas, new trades monthly, quarterly earnings write-ups, and daily macro opinions.The Valkyrie Trading Society i ...

Table of Contents As filed with the Securities and Exchange Commission on November 12, 2024 | --- | |---------------------------------------------------------------------------------| | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | | FORM 10-Q | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

IAC IAC announced in its third-quarter earnings report that it is considering a strategic move to spin off its ownership stake in Angi Inc. ANGI.This news comes as Angi shares traded lower after-hours, following the company's third-quarter financial results. IAC's potential spin-off would make Angi a stand-alone entity, allowing it to operate independently from IAC, which has nurtured and managed the brand as part of its portfolio of digital and media businesses.According to Benzinga Pro, Angi reported quar ...