IAC Inc

IAC

Market cap $3.34B

IAC NASDAQ: IAC executives said the company's recent consolidation plan is intended to simplify its structure, reduce corporate expense and narrow what management views as a discount in the company's share price.

IAC Inc. (IAC) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript

Simplification of the business from a holding company to just People Inc. (Publishing) and MGM Resorts (Betting) should help close the conglomerate discount gap vs. fair value. Selling off non-core assets like Turo and Vivian, followed by shareholder-friendly allocation of capital, should boost the stock price, with buybacks being the first method of returning capital to shareholders. Dealmaking is still part of IAC's (now People Inc.) DNA, and this could mean deals with Entain/BetMGM or peers like Ziff Davis to develop their existing businesses.

IAC NASDAQ: IAC is continuing its transformation from a holding company into People Incorporated, with executives describing the shift as a continuation of a strategy outlined earlier this year that includes asset sales, cost reductions and a sharper focus on People Inc. and MGM Resorts International.

NEW YORK, May 20, 2026 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 54th Annual TD Cowen Technology, Media and Telecom Conference on Wednesday, May 27, 2026. Christopher Halpin, Executive Vice President, COO and CFO of IAC and Tim Quinn, CFO of People Inc. will participate in a fireside chat at 3:00 p.m.

IAC Inc. (IAC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

NEW YORK, May 12, 2026 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19, 2026.

The shutdown underscores how the once-crowded search industry has consolidated over time, leaving smaller or legacy platforms unable to compete at scale.

Media executive Barry Diller said he would “absolutely” buy CNN in an appearance at The Wall Street Journal's Future of Everything Festival Tuesday.

IAC Inc. (IAC) Q1 2026 Earnings Call Transcript