Edge Rewrite
restyle Source code View original
// HTMLRewriter · presentation

This page was redesigned at the edge.

Cloudflare fetched the original article and streamed it through HTMLRewriter to apply an entirely new visual system without rebuilding the source page.

Jump to content

People Incorporated

From Wikipedia, the free encyclopedia
(Redirected from BlueCrew)

People Incorporated
Formerly
  • Silver King Broadcasting Company, Inc.
  • HSN Inc. (1996–1998)
  • USA Networks Inc. (1998–2002)
  • USA Interactive (2002–2003)
  • InterActiveCorp (2003–2004)
  • IAC/InterActiveCorp (2004–2022)
  • IAC Inc. (2022–2026)
TypePublic
ISINUS44891N2080[1]
IndustryMedia, Hospitality, Travel
PredecessorsSilver King Communications
FoundedJuly 28, 1986; 39 years ago (1986-07-28)
HeadquartersIAC Building,
New York City
,
United States
Area served
Worldwide
Key people
Barry Diller (chairman)
Products
RevenueDecrease US$2.39 billion (2025)
Decrease −US$97 million (2025)
Negative increase −US$104 million (2025)
Total assetsDecrease US$7.13 billion (2025)
Total equityDecrease US$4.73 billion (2025)
Number of employees
5,156 (2025)
Subsidiaries
Websitepeople-incorporated.com
Footnotes
[2]

People Incorporated is an American publishing company. It is the parent company of People Inc., Care.com, Vivian Health, The Daily Beast, and IAC Films.[2][3][4] It also owns 26.1% of MGM Resorts International (with a pending proposal of complete acquisition) and 31% of Turo.[5]

The company was founded in 1986 as Silver King Broadcasting Company and in 1996 became HSN Inc., the holding company of Home Shopping Network. In 1998 the company acquired USA Network and changed its name to USA Networks, Inc. The firm's television assets were sold to Vivendi in 2002 and the company changed its name to USA Interactive. The company changed its name to InterActiveCorp, and later to IAC/InterActiveCorp in 2004. In 2012, the company acquired About.com and changed its name to IAC Inc. In June 2026, the company changed its name to People Incorporated.

The company is organized in Delaware with principal executive offices in New York City.[2]

History

[edit]

1980s and 1990s

[edit]

People Incorporated was incorporated on July 28, 1986 as Silver King Broadcasting Company, Inc., as a subsidiary of Home Shopping Network.[6][7] By 1988, Silver King had bought 11 stations for about $220 million.[7] The company was later renamed as HSN Communications, Inc., and then Silver King Communications, Inc.[6] In 1992, Silver King was spun off to HSN shareholders as a separately traded public company.[7] In August 1995, Barry Diller acquired control of Silver King, in a deal backed by the company's largest shareholder, Liberty Media.[8] Diller, who had led the creation of Fox Broadcasting Company, reportedly hoped to use Silver King's stations as the foundation for a new broadcast network. The company acquired several assets in the late 1990s. In December 1996, Silver King acquired an 80% stake in HSN for $1.3 billion in stock, and changed its own name to HSN, Inc.[9][10] At the same time, the company acquired Savoy Pictures, a failed film studio that owned four Fox affiliate stations through SF Broadcasting, for $210 million in stock.[11]

HSN purchased a controlling stake in Ticketmaster in July 1997,[12] and acquired the rest of the company in June 1998.[13] In February 1998, it acquired the television assets of Universal Studios (including USA Network, Sci-Fi Channel, and Universal Television's domestic production and distribution arms) for $4.1 billion.[14][15] The company's name was changed to USA Networks, Inc. at this point.[15] Continuing its acquisition strategy, the company acquired the Hotel Reservations Network in May 1999 for $149 million.[16][17]

USA Networks merged the online division of Ticketmaster with city guide website Citysearch in September 1998, establishing a new company that went public as Ticketmaster Online–CitySearch (TMCS).[18] USA then sold Ticketmaster proper to TMCS in 2001, retaining a 61% share in the combined company, which became known as simply Ticketmaster.[19] USA brought Ticketmaster back under full ownership in 2003, purchasing all outstanding shares.[20]

2000s

[edit]

In the early 2000s, USA Networks began divesting itself of its traditional television broadcasting and production units. In May 2001, Univision Communications acquired USA Broadcasting (a division of USA Networks including 13 local stations).[21] The next year, Vivendi bought the rest of USA's television entertainment businesses, including the USA Network and Sci-Fi Channel.[22] This led to the creation of a new company named Vivendi Universal Entertainment, led by Diller.[23] Throughout this transition, USA Networks continued to build up its online portfolio. In July 2001, the company entered the online travel business with its acquisition of Expedia,[24] followed the next year by an acquisition of Interval International.[25]

Following the shift in focus to online assets, the company changed its name to USA Interactive (USAI)[26] in May 2002;[27] InterActiveCorp in June 2003;[28] and finally to IAC/InterActiveCorp in July 2004.[29]

In August 2003, IAC acquired the online mortgage comparison site LendingTree,[30] and in September, the company added discount travel website Hotwire.com to its growing list of acquisitions.[31] In October, IAC agreed to buy French travel site Anyway.com from Transat A.T. for $62.7 million.[32]

In 2004 and 2005, IAC continued its growth through acquisition, adding assets including Tripadvisor,[33] ServiceMagic,[34] and Ask Jeeves.[35] It also launched Gifts.com during this period.[36] In August 2005, the company bundled together its travel-related sites and spun them off as a new public company, Expedia, Inc.[37] Additional acquisitions in 2006 included ShoeBuy.com,[38] which the company later sold to Jet,[39] and Connected Ventures including CollegeHumor and Vimeo.[40]

In May 2008, IAC and Ask.com acquired Lexico, the owner of Dictionary.com, Thesaurus.com, and Reference.com.[41] In August 2008, IAC spun off several of its businesses, including: Tree.com (formerly LendingTree), the Home Shopping Network, Ticketmaster, and Interval International.[42]

In April 2009, IAC acquired Urbanspoon.[43] It acquired People Media for $80 million in July 2009.[44] Also in July 2009, the company launched Notional, a production company.[45]

2010s

[edit]

In February 2010, IAC's Match.com acquired Singlesnet, an online dating site.[46] In May 2010, it acquired DailyBurn, a fitness site .[47]

In December 2010, following a protracted dispute over the 2008 spinoffs, Liberty traded its IAC stock for $220 million in cash, plus ownership of Evite and Gifts.com. On the same day, Diller stepped down as CEO but remained chairman, and Match.com CEO Greg Blatt was appointed to succeed him.[48]

In 2012, IAC acquired People Inc., (then called About.com). A few years later, IAC renamed it Dotdash. In 2021, IAC's Dotdash acquired the magazine assets of Meredith Corporation (which had previously acquired Time Inc. in 2018). Following the acquisition, the company took the name Dotdash Meredith.

In January 2013, IAC acquired online tutoring firm Tutor.com.[49] On August 3, 2013, IAC sold Newsweek to the International Business Times on undisclosed terms.[50]

On December 22, 2013, IAC fired Justine Sacco, director of corporate communications, after she posted an AIDS joke regarding her upcoming trip to Africa to Twitter, which went viral.[51][52] The incident became a byword for the need for people to be cautious about what they post on social media.[53]

In August 2014, IAC acquired ASKfm for an undisclosed sum.[54][55]

IAC sold Urbanspoon to Zomato in January 2015 for around $50 million.[56]

In November 2015, IAC and Match Group announced the closing of Match Group's previously announced initial public offering.[57]

In May 2017, HomeAdvisor combined with Angie's List, forming the new publicly traded company ANGI Homeservices Inc. The company made its stock market debut in October 2017. In October 2018, ANGI made its first acquisition of on-demand platform Handy.[58]

In January 2019, IAC sold Citysearch parent CityGrid to eLocal.[59] In July 2019, IAC made its largest investment ever in the world's largest peer-to-peer car sharing marketplace, Turo. Later that year, IAC acquired Care.com.[60] In December 2019, IAC and Match Group entered into an agreement providing for the full separation of Match Group from the remaining businesses of IAC.[61]

2020s

[edit]

In January 2020, IAC withdrew its financial backing for CollegeHumor and its sister websites and sold the websites to Chief Creative Officer Sam Reich; IAC remains a minority owner of Reich's rebranded company Dropout. As a result of the restructuring, more than 100 employees of CollegeHumor were laid off.[62]

In February 2020, IAC completed its $500 million acquisition of Care.com.[63]

In July 2020, Match Group was separated from the remaining businesses of IAC, including the corporate spin-off of the company.[64]

In August 2020, IAC acquired a 12% stake in MGM Resorts International.[65] It increased the stake to 16.5% in August 2022.[66]

In May 2021, IAC completed the spin-off of Vimeo, the 11th company to be spun-off from IAC.[67]

In October 2021, IAC announced the acquisition of Meredith Corporation's National Media Group for $2.7 billion. The deal closed December 1, 2021,[68] and the acquired Meredith (and the former Time Inc.) assets merged with IAC subsidiary Dotdash, forming a new entity called Dotdash Meredith.[69]

In August 2022, IAC changed its legal entity (IAC/InterActiveCorp) to IAC Inc. In October, IAC agreed to sell its workforce-as-a-service platform Bluecrew to EmployBridge with IAC remaining a minority shareholder in Bluecrew's business.[70]

In June 2026, IAC was renamed People Incorporated.[71] Neil Vogel, who has been CEO of the People business segment, became CEO of the entire company.[72]

Brands

[edit]

People Inc.

[edit]

Care.com

[edit]
  • Care.com

Emerging & Other

[edit]

See also

[edit]

References

[edit]
  1. ↑ "Deutsche Börse Xetra - XFRA : ISIN Change". Retrieved April 12, 2025.
  2. 1 2 3 "IAC: 2025 Form 10-K Annual Report". United States Securities and Exchange Commission. February 20, 2026.
  3. ↑ Diller, Barry (April 28, 2026). "Letter from Barry Diller to IAC Shareholders". United States Securities and Exchange Commission.
  4. ↑ Cohen, Aaron (January 7, 2020). "How the remnants of About.com are stealthily taking over the internet". Fast Company.
  5. ↑ "People Incorporated Proposes to Acquire MGM Resorts International for $48.30 Per Share in Cash" (Press release). New York: People Incorporated. June 1, 2026.
  6. 1 2 Form 10-K: Annual Report (Report). United States Securities and Exchange Commission. April 14, 1997. p. 3. Archived from the original on March 3, 2017.
  7. 1 2 3 Osman, Jim (January 4, 2022). "IAC/InterActiveCorp Is A $12 Billion Company That Has Created $128 Billion Worth Of Value. Shareholders Can Expect A Lot More. Here's Why". Forbes.
  8. ↑ "Diller Is Cleared To Take Control of Silver King". The New York Times. Associated Press. March 12, 1996. Archived from the original on January 12, 2015.
  9. ↑ Martin Peers (December 19, 1996). "Silver King annexes HSN". Variety. Archived from the original on February 20, 2016. Retrieved February 13, 2016.
  10. ↑ Form 8-K: Acquisition or disposition of assets (Report). United States Securities and Exchange Commission. December 23, 1996. Archived from the original on July 10, 2017.
  11. ↑ "Diller to take over Savoy, Home Shopping". United Press International. November 27, 1995.
  12. ↑ "HSN, With 50.1%, Has Controlling Stake In Ticketmaster". The New York Times. July 30, 1997. Archived from the original on November 13, 2014. Retrieved January 8, 2015.
  13. ↑ Form 10-K: Annual Report (Report). United States Securities and Exchange Commission. March 24, 1999. p. 3. Archived from the original on August 27, 2017.
  14. ↑ Surowiecki, James; de Llosa, Patty; Tarpley, Natasha (April 12, 1999). "Barry Diller Is No Visionary But he is a great businessman. If he wins Lycos and blends it with the media and retail assets he manages so well, he may even create a profitable Internet company". Fortune Magazine. Archived from the original on January 14, 2015. Retrieved January 8, 2015.
  15. 1 2 "HSN adds to TV fare; is renamed". The Tampa Tribune. Tampa, Florida. February 13, 1998. p. 1, Business & Finance. Retrieved September 16, 2022 – via NewsBank.
  16. ↑ "USA Networks to acquire Hotel Reservation Network". American City Business Journals. April 12, 1999. Archived from the original on November 13, 2014.
  17. ↑ Form 10-K: Annual Report (Report). United States Securities and Exchange Commission. March 2, 2000. p. 69. Archived from the original on August 27, 2017.
  18. ↑ Form S-1: Registration Statement (Report). United States Securities and Exchange Commission. September 30, 1998. p. 5. Archived from the original on February 26, 2017.
  19. ↑ "Ticketmaster Online–CitySearch and Ticketmaster close transaction" (Press release). United States Securities and Exchange Commission. January 31, 2001. Archived from the original on August 27, 2017.
  20. ↑ "USA INTERACTIVE COMPLETES ACQUISITION OF TICKETMASTER" (Press release). United States Securities and Exchange Commission. January 17, 2003.
  21. ↑ "U.S. Approved Univision Deal". The New York Times. May 9, 2001. Archived from the original on December 14, 2014. Retrieved January 15, 2015.
  22. ↑ "Vivendi Completes USA Deal". LA Times. May 8, 2002. Archived from the original on December 28, 2014. Retrieved January 15, 2015.
  23. ↑ "Vivendi Seals $10.3B USA Networks Deal". Fox News. December 17, 2001. Archived from the original on November 13, 2014. Retrieved January 15, 2015.
  24. ↑ "USA Networks acquires Expedia". The Chicago Tribune. July 17, 2001. Archived from the original on May 21, 2015. Retrieved May 18, 2015.
  25. ↑ "USA Interactive to Acquire Interval International From Willis Stein & Partners and Other Investors". Hospitality Net. May 30, 2002. Archived from the original on May 20, 2015. Retrieved May 18, 2015.
  26. ↑ "History". IAC. Archived from the original on December 16, 2016. Retrieved December 5, 2016. The page repeatedly refers to "USAI", e.g. "USAI acquires Precision Response Corporation (announced 1/00)".
  27. ↑ "USA Networks, Inc. completes transaction with Vivendi Universal; company renamed USA Interactive" (Press release). USA Interactive. May 7, 2002. Archived from the original on March 11, 2017. Retrieved August 27, 2017 – via EDGAR.
  28. ↑ "LendingTree suitor changing name". Biz Journals. June 19, 2003. Archived from the original on November 18, 2014. Retrieved January 15, 2015.
  29. ↑ Form 8-K: Current report (Report). IAC/InteractiveCorp. July 14, 2004. Archived from the original on August 27, 2017. Retrieved August 27, 2017 – via EDGAR.
  30. ↑ Hansell, Saul (May 6, 2003). "USA Interactive Is Acquiring LendingTree In Stock Deal". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015.
  31. ↑ "InteractiveCorp to buy Hotwire". USA Today. September 22, 2003. Archived from the original on November 13, 2014. Retrieved January 15, 2015.
  32. ↑ "Transat announces sale of Anyway.com to IAC/InterActiveCorp, owner of Expedia - Expedia, Inc. to extend presence in France through Anyway addition to IAC Travel portfolio". PR Newswire. October 27, 2003. Archived from the original on October 24, 2014. Retrieved January 15, 2015 – via The Free Library.
  33. ↑ Hansell, Saul (March 17, 2004). "Deals: InterActive Corp to Acquire TripAdvisor". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015.
  34. ↑ "IAC/InterActive Corp Acquires ServiceMagic". ACHR News. August 11, 2004. Archived from the original on April 2, 2015. Retrieved January 15, 2015.
  35. ↑ Fabrikant, Geraldine (March 21, 2005). "AskJeeves Inc to Be Bought for $2 Billion". The New York Times. Archived from the original on April 2, 2015. Retrieved January 15, 2015.
  36. ↑ Vara, Vauhini (March 21, 2005). "IAC Launches Gift-Giving Web Site". The Wall Street Journal. Archived from the original on April 2, 2015.
  37. ↑ Hansell, Saul (August 8, 2005). "Spinoff of Expedia Comes at Tough Time for Its Sector". The New York Times. Archived from the original on November 14, 2014. Retrieved January 15, 2015.
  38. ↑ "IAC/Interactive acquires online retailer ShoeBuy.com". American City Business Journals. January 31, 2006. Archived from the original on November 13, 2014.
  39. ↑ Levy, Nat (January 6, 2017). "Walmart buys Zappos competitor ShoeBuy for $70M to help Jet.com battle Amazon in online apparel". GeekWire. Archived from the original on January 10, 2017.
  40. ↑ Morrissey, Brian (August 15, 2006). "IAC Buys CollegeHumor.com". Adweek. Archived from the original on November 13, 2014.
  41. ↑ Ovide, Shira (May 15, 2008). "IAC to Buy Lexico to Boost Its Ask.com". The Wall Street Journal. Archived from the original on July 9, 2017.
  42. ↑ "IAC: And Then There Were Five". Forbes. August 21, 2008. Archived from the original on July 29, 2017.
  43. ↑ Siegler, MG (April 29, 2009). "IAC Buys UrbanSpoon Based On Good Recommendations". TechCrunch.
  44. ↑ Carlson, Nicholas (July 7, 2009). "IAC Buys More Dating Sites For $80 Million". Business Insider. Archived from the original on February 12, 2015.
  45. ↑ Szalai, Georg (July 27, 2009). "IAC launches Notional". The Hollywood Reporter. Associated Press.
  46. ↑ Rao, Leena (February 25, 2010). "Confirmed: Match.com Acquires Singlesnet". TechCrunch. Archived from the original on February 14, 2015.
  47. ↑ "IAC Buys Into Fitness Social Network DailyBurn". TechCrunch. May 20, 2010. Archived from the original on February 5, 2015.
  48. ↑ Wauters, Robin (December 2, 2010). "Liberty Exits IAC For Evite, Gifts.com And $220M In Cash – Diller Steps Down As CEO". TechCrunch. Archived from the original on February 22, 2016.
  49. ↑ Farnham, Alan (January 8, 2013). "Biggest Online Tutor Bought By Barry Diller's IAC". ABC News. Archived from the original on November 21, 2018.
  50. ↑ Launder, William (August 3, 2013). "IBT Media to Buy Newsweek from IAC". The Wall Street Journal. Archived from the original on April 6, 2015.
  51. ↑ Ronson, Jon (February 12, 2015). "How One Stupid Tweet Blew Up Justine Sacco's Life". The New York Times Magazine. Archived from the original on February 12, 2015. Going to Africa. Hope I don't get AIDS. Just kidding. I'm white!
  52. ↑ O'Connell, Mark (January 13, 2014). "First Thought, Worst Thought". The New Yorker. Archived from the original on January 16, 2014.
  53. ↑ Giacomazzo, Bernadette (January 10, 2014). "Top 10 Social Media Rules for Professionals (Hint: Don't Be Like Justine Sacco)". Latin Post. Archived from the original on January 12, 2014.
  54. ↑ "Ask.fm bought by Ask.com and Tinder owner". BBC News. August 14, 2014.
  55. ↑ Perez, Sarah (August 14, 2014). "IAC Agrees To Work With Regulators On Cyberbullying Protections Following Ask.fm Deal". TechCrunch.
  56. ↑ Shu, Catherine (January 12, 2015). "Restaurant Discovery Site Zomato Buys IAC's Urbanspoon, Enters The U.S." TechCrunch.
  57. ↑ "Match Group Announces Pricing of Initial Public Offering" (Press release). PR Newswire. November 18, 2015. Archived from the original on November 20, 2015.
  58. ↑ Carville, Olivia (October 11, 2018). "ANGI Homeservices to Buy Handy to Dominate Home Renovations". Bloomberg. Archived from the original on September 2, 2020. Retrieved October 11, 2018.
  59. ↑ Sullivan, Laurie (January 4, 2019). "eLocal Acquires Felix And CityGrid From IAC To Build On Performance". MediaPost. Archived from the original on January 28, 2023.
  60. ↑ Cosgrove, Elly (December 20, 2019). "Care.com shares surge after Barry Diller's IAC agrees to buy online caregiver marketplace". CNBC. Archived from the original on December 20, 2019. Retrieved December 20, 2019.
  61. ↑ Kellaher, Colin; Prang, Allison (December 19, 2019). "IAC/InterActive, Match Group Agree to Full Separation". The Wall Street Journal. Archived from the original on December 19, 2019.
  62. ↑ Sapra, Bani (January 8, 2020). "CollegeHumor's parent company pulled its funding, laying off more than 100 employees and leaving a longtime executive to run the company on his own". Business Insider. Archived from the original on January 9, 2020.
  63. ↑ "IAC Announces Close of $500 Million Care.com Acquisition" (Press release). PR Newswire. February 11, 2020. Archived from the original on February 12, 2020.
  64. ↑ "IAC and Match Group Complete Full Separation" (Press release). PR Newswire. July 1, 2020. Archived from the original on July 2, 2020.
  65. ↑ "IAC Invests in MGM Resorts International" (Press release). PR Newswire. August 10, 2020. Archived from the original on September 10, 2020.
  66. ↑ Hayden, Erik (August 26, 2022). "IAC Increases Stake in MGM Resorts in Bet on Online Gambling Growth". The Hollywood Reporter.
  67. ↑ "IAC Completes Spin-off Of Vimeo" (Press release). PR Newswire. May 25, 2021. Archived from the original on May 25, 2021.
  68. ↑ "IAC's Dotdash Announces Close of Meredith Transaction" (Press release). PR Newswire. December 1, 2021. Archived from the original on September 15, 2022.
  69. ↑ Trachtenberg, Jeffrey A.; Armental, Maria (October 6, 2021). "Magazine Publisher Meredith Agrees to Be Sold to Barry Diller's IAC". The Wall Street Journal. Archived from the original on October 7, 2021.
  70. ↑ Leach, Kamaron (October 4, 2022). "Apollo-Backed EmployBridge to Acquire Bluecrew From IAC". Bloomberg News.
  71. ↑ "IAC is Now People Incorporated with New Ticker Symbol" (Press release). PR Newswire. June 4, 2026.
  72. ↑ Hayes, Dade (April 28, 2026). "Barry Diller's IAC Rebranding As People Inc., Planning Layoffs In Strategic Restructuring". Deadline Holywood.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=People_Incorporated&oldid=1365414724"