Barry Diller Still Believes - Company Business and Marketing

Industry Standard, The, July 30, 2001 by Kenneth Li

2001

USA Networks takes a 75 percent stake in Expedia.

Sources: USA Networks, published reports, The Standard

A Different Kind of Media Giant

USA Networks' converging universe.

The company's far-flung businesses -- from cable networks and shopping channels to online ticket vendors and hotel reservations services -- took in $1.4 billion last year. With growth and the addition of Expedia, the company expects to top $5.6 billion in 2002 - 85 percent of that coming from commerce and other non-advertising transactions.

USA ENTERTAINMENT

Studios USA

First-run television production and distribution. Hit series: Law and Order, Xena: Warrior Princess.

USA Films

Movie production and distribution: Gramercy Pictures, October Films, USA Home Entertainment. Projected 2001 revenue: $141 million.

USA Network

Cable channel offering original and syndicated TV and films, including Baywatch and Walker, Texas Ranger.

Sci-Fi Channel

Science fiction and horror specialty.

Reaches 71 million homes.

Trio

Arts TV service run by USA Cable.

Serves 9 million households and took in $20.4 million last year.

USA Interactive

Includes Web sites Sciff.com, USANetwork.com, Triotv.com and NWITV.com.

Newsworld International

24-hour international news channel based in Toronto.

USA ELECTRONIC RETAILING

Home Shopping Network

Television and Internet shopping network. Five million customers and sales of $1.8 billion in 2000. Launched services in China and Hong Kong last July. Other international divisions include HSN en Espanol, Shop Channel in Japan and Home Order Television in Germany.

USA INFORMATION AND SERVICES

Hotel Reservations Network

Online discount reservation supplier.

Last year's revenues: $328 million.

HRN, with Expedia and National

Leisure Group, will form USA Travel Group. Expected to clear about $4 billion in 2001 bookings.

Precision Response Corp.

Online services firm specializing in e-commerce, teleservices and order fulfillment. Projected 2001 revenue: $325 million.

Styleclick

Web services firm with 2000 revenues of $24.2 million. Closed Los Angeles operation in May.

Ticketmaster

World's largest event ticket retailer.

USA holds 68 percent share.

Revenues of $171.2 million in quarter ending in March 2001.

March.com

Online matchmaking service with 520,000 members. Provides personals service to MSN.com.