Company Profile For IAC/InterActiveCorp

IAC/InterActiveCorp (IAC) operates diversified Internet businesses in the United States and various jurisdictions abroad. The Company operates in four segments: Media & Advertising, Match, ServiceMagic and Emerging Businesses. Media & Advertising consists primarily of its search business. Match segment is a provider of subscription-based online personals services. ServiceMagic is an online marketplace. Emerging Businesses segment consists primarily of Shoebuy and Pronto. In April 2009, the Company announced the acquisition of Urbanspoon, an online local restaurant guide that aggregates restaurant reviews from across the Web, from newspapers and professional food critics to bloggers and diners. In July 2009, the Company announced the launch of Notional, a video content company.

BRIEF: For the nine months ended 30 September 2009, IAC/InterActiveCorp.'s revenues decreased 8% to $1B. Net income from continuing operations totaled $37.6M vs. a loss of $88.2M. Revenues reflect a decrease in income from services. Net income reflects a decrease in general and administrative expenses, lower product development expense, decrease in amortization of non cash marketing and fall in depreciation expense.