Media Industry
Industry: Email Alert RSS FeedDiller's IAC slumps.(News & Comment)(InterActiveCorp)(Brief Article)
Broadcasting & Cable, February, 2005
-20.3% Barry Diller's InterActive Corp. plans to spin off its travel businesses from TicketMaster and Home Shopping Network, but problems at Expedia overwhelm HSN's strength, and IAC's off 20.3% so far this year. When details of the deal come out next month, watch which side of the company Diller and his major bucker, Liberty Media's John Malone, put their money.
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