People Inc

PPLI

Market cap $3.27B

People Inc.'s core thesis centers on MGM's undervaluation, with BetMGM's robust iGaming growth and buybacks enhancing intrinsic value and ownership leverage. Recent asset sales and conservative digital publishing valuations further support PPLI's discount-to-NAV story. Our estimated NAV implies a 26% discount and approximately 35% upside while assigning no value to Turo or other emerging assets.

NEW YORK, July 15, 2026 /PRNewswire/ -- On Tuesday, August 4th, 2026, at 8:30 a.m. EST, People Incorporated (NASDAQ: PPLI) will host a conference call to answer questions regarding the company's second quarter results.

Global food delivery platform Delivery Hero was a contributor for the quarter. French pay-TV operator Canal+ contributed positively in the quarter. Leading international student placement agency and high stakes English testing service provider IDP Education was a detractor for the quarter. We exited our positions in Delivery Hero, as discussed above, and Menicon, which was a smaller position that had approached fair value.

MGM Resorts climbed Monday, trading as high as 48.25 amid reported negotiations with Barry Diller's People Inc.

The casino giant has been negotiating a potential deal with Barry Diller's People Inc. after the media mogul offered to buy the casino giant in early June, according to people familiar with the matter.

The media industry has spent the better part of a decade working to capture the attention of audiences whose content consumption habits have diversified to include many options beyond legacy models. Increasingly, the vertical screen has become the dominant one in people's lives.

New AI-powered sourcing workflow delivers up to 3x higher candidate response rates and builds on Vivian AI Assistant's proven recruiting outcomes SAN FRANCISCO, June 9, 2026 /PRNewswire/ -- Vivian Health, the nation's leading healthcare jobs marketplace, today announced AI Proposals, a new capability within Vivian AI Assistant that helps healthcare recruiters source and engage qualified candidates more efficiently through AI-powered matching and personalized outreach. The feature uses AI to identify top-matching candidates and tailor outreach while allowing recruiters to review, edit, and approve every proposal before it is sent.

Shares will begin trading under new Nasdaq stock symbol "PPLI" effective at market open today NEW YORK, June 4, 2026 /PRNewswire/ -- Today People Incorporated, formerly IAC (Nasdaq: IAC), announced its legal name change and that the Company's common stock, listed on the Nasdaq Capital Market, will begin trading under the new ticker symbol PPLI, effective at market open today June 4, 2026. People Incorporated is the public entity that owns America's largest publisher People Inc., and a significant minority stake in MGM Resorts International.

Bloomberg Intelligence's Jody Lurie joins Scarlet Fu on "Bloomberg Deals." Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn't already own, marking the latest pivot for the billionaire media mogul after overhauling IAC.

A buyout proposal for a major casino operator typically creates a straightforward path for investors. The stock price usually settles just below the offer to account for time and deal risk.