Von Furstenberg (IAC) converts 2,263 RSUs into People Inc common stock
Alexander Von Furstenberg, a director of People Inc, exercised 2,263 Restricted Stock Units (RSUs) into common shares on June 18, 2026. This transaction was a routine compensation-related event at $0.00 per share, not an open-market trade. Following this conversion, he directly holds 113,382 shares of common stock and 4,528 RSUs, with the remaining RSUs scheduled to vest in equal installments through 2028.
IAC (IAC) director Braham Tor receives 2,263 shares as RSUs vest
IAC director Braham Tor received 2,263 shares of IAC common stock as Restricted Stock Units (RSUs) vested on June 18, 2026. This was a routine equity compensation event, increasing his direct holdings to 17,263 common shares. Tor still holds 4,528 RSUs, which are scheduled to vest in equal installments through 2028, contingent on his continued service.
Is IAC Inc. (IAC) A Good Stock To Buy Now?
This article analyzes IAC Inc. (IAC) as an investment, drawing from a bullish thesis by Stefan Waldhauser. The core of the argument revolves around IAC's rebranding into "People Incorporated," simplifying its structure into a digital publishing and media ecosystem and a strategic stake in MGM Resorts. This strategic shift, including cost savings and divestment of non-core assets, is presented as a move towards focused ownership and enhanced shareholder value, despite a recent stock depreciation.
IAC Rebrands as People Incorporated and Changes Ticker
IAC/InteractiveCorp. has officially rebranded as People Incorporated, effective June 4, 2026. This change reflects the company's focus on its consumer brand and publishing-led holdings, including People Inc., America’s largest publisher, and a significant stake in MGM Resorts International. The company's common stock now trades on Nasdaq under the new ticker symbol PPLI.
IAC Rebrands as People Incorporated and Updates Stock Ticker Symbol
IAC has officially rebranded as People Incorporated as of June 4, 2026, and simultaneously updated its stock ticker symbol to reflect this change. The company confirmed this corporate name change through a public filing, indicating a shift in its market identity. All future business operations will be conducted under the new People Incorporated title.
Owner of People Inc., publisher of PEOPLE, adopts PPLI ticker
IAC has legally changed its name to People Incorporated and will now trade on Nasdaq under the ticker symbol PPLI, effective June 4, 2026. This rebrand emphasizes the company's focus on its publishing arm, People Inc., which includes over 40 brands, and its significant minority stake in MGM Resorts International. No action is required from shareholders as the common stock continues to trade with the same CUSIP.
Barry Diller's People Inc. offers to buy MGM Resorts, valuing it at $18 billion
Barry Diller's People Inc., formerly IAC, has offered to acquire the remaining stake in MGM Resorts, valuing the company at over $18 billion. People Inc. already owns 26.1% of MGM Resorts and is offering $48.30 per share in cash, a 10.6% premium. Diller stated that he views MGM Resorts as an attractive investment due to its real-world assets that artificial intelligence cannot easily replicate or disintermediate, combined with digital growth opportunities.
People Incorporated (NASDAQ: IAC) makes $48.30-per-share cash bid for MGM
People Incorporated has submitted a non-binding proposal to acquire all outstanding shares of MGM Resorts International it does not already own for $48.30 per share in cash. This offer represents a significant premium over MGM's recent trading prices and aims to take the company private with People Incorporated holding a controlling stake. People Incorporated, already owning 26.1% of MGM, plans to fund the transaction through existing cash and additional debt and equity commitments, expecting to control over 50.1% of the post-transaction equity.
IAC Conference Highlights People Inc. Pivot, AI Licensing Upside and MGM Bet
IAC is transforming from a holding company into People Incorporated, consolidating operations and focusing on its core media business, its stake in MGM Resorts, and strategic acquisitions. People Inc. is growing its "non-session-based" revenue, including AI licensing deals, which it now sees as a significant opportunity. IAC's capital allocation strategy prioritizes stock buybacks, increasing MGM shares, and M&A for People Inc.
IAC Conference Highlights People Inc. Pivot, AI Licensing Upside and MGM Bet
IAC is transforming from a holding company into "People Incorporated," focusing on its core operating business, People Inc., and its stake in MGM Resorts. People Inc. is emphasizing non-session-based revenue growth, including AI licensing deals, and is strategically acquiring assets that foster direct consumer relationships. IAC's capital allocation priorities include stock buybacks, increasing MGM shares, and targeted People Inc. acquisitions.
IAC Conference Highlights People Inc. Pivot, AI Licensing Upside and MGM Bet
IAC is transforming from a holding company into People Inc., focusing its operations on the digital media publisher while continuing asset sales and cost reductions. The company sees significant opportunity in AI licensing agreements for its extensive content and is actively investing in MGM Resorts International, believing its market value is currently underestimated. IAC also continues to repurchase its own stock, indicating a clear capital allocation strategy.
IAC to Participate in the 54th Annual TD Cowen Technology, Media and Telecom Conference
IAC announced that its Executive Vice President, COO, and CFO, Christopher Halpin, and Tim Quinn, CFO of People Inc., will participate in a fireside chat at the 54th Annual TD Cowen Technology, Media and Telecom Conference on May 27, 2026. A live audio webcast and replay of the session will be available on the investor relations section of IAC's website. IAC is a company that builds and acquires new products and brands, with its current portfolio including People Inc. and strategic equity positions in MGM Resorts International and Turo Inc.
IAC to Participate in the 54th Annual TD Cowen Technology, Media and Telecom Conference
IAC (NASDAQ: IAC) announced its participation in the 54th Annual TD Cowen Technology, Media and Telecom Conference. Christopher Halpin, EVP, COO, and CFO of IAC, along with Tim Quinn, CFO of People Inc., will engage in a fireside chat on Wednesday, May 27, 2026, at 3:00 p.m. ET. A live audio webcast and replay will be accessible through IAC's investor relations website.
IAC to rebrand as People Incorporated by August
IAC announced it will change its corporate name to People Incorporated by its second-quarter earnings report in August. This rebrand reflects its sharpened
IAC to Participate in the 2026 Annual J.P. Morgan Global Technology, Media and Communications Conference
IAC announced its participation in the Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 19, 2026. Christopher Halpin and Tim Quinn will conduct a fireside chat at 2:55 p.m. ET. A live audio webcast and replay will be available on IAC's investor relations website.
IAC to Participate in the 2026 Annual J.P. Morgan Global Technology, Media and Communications Conference
IAC announced its participation in the 2026 Annual J.P. Morgan Global Technology, Media and Communications Conference. Quantisnow alerted its Plus members minutes after the press release. Quantisnow, a market data and news platform, provides real-time market intelligence to retail investors.
5 Revealing Analyst Questions From IAC’s Q1 Earnings Call
IAC's Q1 earnings fell significantly short of analyst expectations due to web traffic challenges and non-core asset shedding. The article highlights five key analyst questions from the earnings call, covering IAC's capital allocation, digital revenue growth drivers, off-platform revenue diversification, licensing visibility, and affiliate commerce growth. Future catalysts include monitoring non-session-based revenue streams, new product launches, cost savings, and the outcome of the Google ad tech litigation.
Barry Diller's IAC to change name to 'People Incorporated,' plans layoffs to consolidate corporate functions
IAC, the internet and media conglomerate led by Barry Diller, is reportedly planning to change its name to 'People Incorporated.' This rebranding effort comes alongside plans for layoffs aimed at consolidating corporate functions.
Press Release: IAC Earnings Release Available on Company's Website
IAC announced that its earnings release for the first quarter of 2026 is now available on its website. The company directs stakeholders to its Investor Relations section for access to the full details and related financial documents. This release provides vital financial updates for investors and the public.
IAC puts first-quarter results online before Tuesday public webcast
IAC (NASDAQ: IAC) has posted its first-quarter 2026 financial results on its investor relations website ahead of a public conference call scheduled for Tuesday, May 5, 2026, at 8:30 a.m. EST. Following this news, IAC stock experienced a negative market reaction, declining 7.04% and indicating moderate trading interest and price volatility with a temporary trough of -9.3%. Management participants for the call include Barry Diller, Christopher Halpin, Neil Vogel, and Tim Quinn.
Barry Diller's IAC Rebranding As People Inc., Laying Off 77 Staffers In Strategy Shift
Barry Diller's Interactive Corp. (IAC) is changing its name to People Inc. and reducing its workforce by 77 staffers as part of a strategic restructuring to focus on its People publishing business and its 26% stake in MGM Resorts. The rebranding, which will take effect this summer, and the layoffs are expected to generate $40 million in annual cost savings as the company shifts its focus from a conglomerate model to two core assets under the leadership of Neil Vogel, who will become CEO of the entire company. Diller emphasized the company's opportunistic nature and its successful, contrarian move into digital publishing and its investment in MGM Resorts as un-disintermediateable assets.
Barry Diller’s IAC to Change Name, Cut Staff
Barry Diller's IAC is changing its name to People Inc. and cutting staff as it shifts its focus to its core publishing operations. This strategic move aligns with the company's increasing stake in MGM Resorts International and aims to concentrate on People's digital operations. IAC will transition necessary staff to People, leading to a significant reduction in its overall workforce.
IAC to rebrand as People Incorporated by August By Investing.com
IAC announced it will rebrand as People Incorporated by August. This change reflects the company's focus on its People Inc. publishing business and its investment in MGM Resorts International. Chairman and Senior Executive Barry Diller will remain as an advisor and oversee the MGM investment, as the company continues efforts to simplify its business and enhance shareholder value.
IAC to rebrand as People Incorporated by August
IAC (NASDAQ:IAC) announced it will change its corporate name to People Incorporated by its second-quarter earnings report in August to reflect its focus on its publishing business, People Inc., and its investment in MGM Resorts International. The company's publishing operations have seen consistent digital revenue growth, and it maintains a strong balance sheet. Chairman Barry Diller will continue to oversee the MGM investment.
Barry Diller Reveals Layoffs, C-Suite Shake Up and Name Change for IAC
Barry Diller is rebranding his company, IAC, as People Incorporated and shifting his role to executive chairman while Neil Vogel becomes the new CEO. The company will focus on its People publishing business and its holdings in MGM Resorts, leading to staff reductions and an expected $40 million in annual savings. Diller detailed these strategic changes in a note to shareholders, emphasizing the company's shift towards these two core assets and its historical pattern of reinvention.
Barry Diller’s IAC To Rebrand As People Incorporated, Focus On Publishing Amid Restructuring, Layoffs
Barry Diller's conglomerate IAC is rebranding as People Incorporated and will concentrate on its People Inc. publishing business and its investment in MGM Resorts International. This strategic shift involves layoffs and a significant reduction in overhead, with an anticipated annual cost savings of around $40 million. Neil Vogel will become CEO and Tim Quinn will be CFO of the restructured company, with Diller remaining as chairman.
Barry Diller renames IAC after People brand as August switch nears
IAC will change its corporate name to People Incorporated by August 2026, focusing on its digital publishing operations and a 26% strategic equity stake in MGM Resorts. Chairman Barry Diller outlined the rationale in a shareholder letter, detailing the company's evolution from a conglomerate to a more focused entity with a strong position in digital publishing and a significant investment in physical properties. The move aims to reduce overhead, leverage digital growth, and capitalize on a "contrarian" strategy for publishing and the stable value of MGM Resorts.
IAC TO HOST Q1 2026 EARNINGS CONFERENCE CALL ON MAY 5th
IAC (NASDAQ: IAC) will host a conference call on Tuesday, May 5, 2026, at 8:30 a.m. EST to discuss its first-quarter results. Key executives including Barry Diller, Christopher Halpin, and Neil Vogel will participate. The company, headquartered in New York City, is known for building companies and currently includes People Inc. and strategic equity positions in MGM Resorts International and Turo Inc.
MGM Resorts (NYSE: MGM) caps IAC and Barry Diller voting power via new agreement
MGM Resorts International has entered into a new Voting Agreement with IAC Inc. and Barry Diller, effective April 3, 2026. This agreement mandates that IAC, Diller, and their affiliates must vote any MGM shares exceeding 25.73% of total voting power in proportion to other stockholders' votes, thereby limiting their influence. The agreement is conditional on IAC maintaining at least 17.5% ownership and MGM's board nominating up to two IAC-designated directors, with termination conditions clearly defined.
IAC to Divest Care.com Stake in $320 Million Deal
IAC/InteractiveCorp. announced a definitive agreement to sell its entire stake in Care.com for approximately $320 million in cash to an affiliate of Pacific Avenue Capital Partners. This divestment aligns with IAC's strategy to focus on core assets and streamline its portfolio, while Care.com will operate as a standalone growth platform under new ownership. The transaction is expected to close in the first half of 2026, enhancing IAC's financial flexibility, though an AI analyst rates IAC as Neutral due to weak financial performance and technical momentum.
IAC to Divest Care.com Stake in $320 Million Deal
IAC/InteractiveCorp has announced a definitive agreement to sell its entire stake in Care.com for approximately $320 million in cash to an affiliate of Pacific Avenue Capital Partners. This divestment aligns with IAC's strategy to streamline its portfolio and focus on core assets, while Care.com will transition to private equity ownership aiming for accelerated growth in the family care market. The transaction is expected to enhance IAC's financial flexibility and position Care.com as a standalone growth platform.
$320M sale of Care.com bets on booming $400B family care market
IAC announced the sale of its Care.com subsidiary to an affiliate of Pacific Avenue Capital Partners for approximately $320 million in an all-cash transaction, expected to close in the first half of 2026. This divestiture aligns with IAC's strategy to focus on core assets like People Inc. and its MGM stake, while Pacific Avenue plans to scale Care.com's enterprise offerings. Care.com operates in the growing $400 billion family care market, leveraging its network of caregivers and partnerships with over 700 employers.
Pacific Avenue Capital Partners to Acquire IAC's Care.com
Pacific Avenue Capital Partners has entered into a definitive agreement to acquire Care.com, a subsidiary of IAC, for approximately $320 million. This acquisition aligns with IAC's strategy to streamline its portfolio by monetizing non-core assets and focusing on its People Inc. and MGM stake. Pacific Avenue aims to leverage its expertise to further grow Care.com, particularly in its enterprise offerings.
Ben Sherwood & Joanna Coles To Run The Daily Beast
Former Disney executive Ben Sherwood and Hearst veteran Joanna Coles have partnered with Barry Diller's IAC to lead The Daily Beast. Sherwood will serve as publisher and CEO, and Coles as chief creative and content officer, with both taking a substantial interest in the company. They aim to revitalize the digital publication amid a challenging media landscape, focusing on its "insurgent promise" and original vision as a sophisticated tabloid.
Victor Kaufman of IAC Inc. (IAC) reports RSU grant and share withholding
Victor Kaufman, Vice Chairman of IAC Inc. (IAC), reported recent equity compensation activities, including the grant of 6,845 restricted stock units (RSUs) on February 9, 2026, which will vest in equal installments over the next three years. Additionally, 2,445 RSUs vested on February 10, 2026, with 1,007 shares withheld for tax purposes at $36.47 per share. Following these transactions, Kaufman directly holds 22,483 IAC common shares and 4,890 RSUs, with an additional 68,284 shares held indirectly through a trust for his spouse.
IAC Highlights Q4 Results and Expands Strategic Investments
IAC/InteractiveCorp. announced its Q4 2025 results, showcasing strong performance from its People Inc. unit with a 14% rise in digital revenue for the quarter. Despite a consolidated revenue decline and goodwill impairment at Care.com, the company emphasized disciplined capital allocation, share repurchases, and strategic investments in MGM Resorts International and AI partnerships. Analysts currently rate IAC stock as a Buy with a $60.00 price target.
IAC: Q4 Financial Results Overview
IAC Inc. reported a net loss of $76.8 million and a loss of $0.99 per share for the fourth quarter, missing analyst earnings estimates of $0.67 per share. Despite the earnings miss, the company's Q4 revenue reached $646 million, exceeding the $640.7 million forecast. For the full year, IAC posted a total loss of $104 million on revenues of $2.39 billion.
IAC: Q4 Financial Results Overview
IAC Inc. reported a net loss of $76.8 million, or $0.99 per share, for the fourth quarter, missing analyst estimates. Despite the earnings miss, the company's revenue for the quarter reached $646 million, exceeding forecasts. For the full year, IAC reported a total loss of $104 million and annual revenue of $2.39 billion.
Barry Diller joins IAC earnings call as Q4 results go public
IAC (NASDAQ: IAC) has released its fourth-quarter financial results on its investor relations website and announced a public conference call for February 4, 2025, at 8:30 a.m. EST. The call will feature Barry Diller, Christopher Halpin, and Neil Vogel. The article also notes a moderate negative market reaction to the news, with IAC's stock declining 3.02%.
2.7M clinicians, $1.5B in jobs: new CEO to steer Vivian Health's AI push
Vivian Health has announced significant leadership changes, appointing Bill Kong as CEO, with co-founder Parth Bhakta transitioning to Executive Chairman and Adam Greenberg expanding his role to President & CFO. The company, a subsidiary of IAC Inc., is profitable and has seen 50x revenue growth since its acquisition, now focusing on AI-driven product innovation to scale its healthcare jobs marketplace, which supports 2.7 million clinicians and facilitates over $1.5 billion in annual labor spend. The new leadership aims to leverage Kong's operational experience and deep industry relationships to further transform healthcare hiring.
IAC TO ANNOUNCE Q4 2025 EARNINGS ON FEBRUARY 3rd AND HOST EARNINGS CONFERENCE CALL ON FEBRUARY 4th
IAC (NASDAQ: IAC) will announce its fourth-quarter 2025 earnings after market close on February 3, 2026, and will host an earnings conference call on February 4, 2026, at 8:30 a.m. EST. The company's leadership, including Barry Diller, Christopher Halpin, and Neil Vogel, will participate in the call to discuss the results. The financial details will be accessible on the investor relations section of IAC's website.
XTX Topco Ltd Makes New $1.61 Million Investment in IAC Inc. $IAC
XTX Topco Ltd has made a new investment of $1.61 million in IAC Inc., purchasing 42,977 shares. Institutional investors collectively own 88.9% of IAC. Despite IAC missing recent quarterly earnings estimates and experiencing a revenue decrease, analysts maintain a "Moderate Buy" consensus rating with an average target price of $46.73.
IAC Stock: Company Inks AI Deal With Microsoft; Earnings Send Shares Down
IAC, the conglomerate led by Barry Diller, has signed an AI deal with Microsoft amidst the rising challenges publishers face from artificial intelligence. Despite this strategic move, the company's stock is currently declining. The article suggests that the AI deal is not the reason for the stock's poor performance, implying other factors, likely earnings-related, are at play.
IAC shares tumble as Q3 earnings miss expectations
IAC (NASDAQ:IAC) shares dropped 11.9% after reporting third-quarter earnings that missed analyst expectations. The digital media company saw revenue decline 8% year-over-year, largely due to weakness in its print and search segments, despite growth in its People Inc. division. The company posted a loss of -$0.27 per share on revenue of $589.8 million.
Citizens reiterates Market Outperform rating on IAC stock, sees multiple catalysts By Investing.com - Investing.com South Africa
This article reports that Citizens reiterated a Market Outperform rating on IAC stock. The content, however, appears to be an application error page rather than a full news article detailing the reasons for the rating or any specific catalysts. It indicates a technical issue preventing the article from loading correctly.
Did Vivian Health’s AI Launch Just Shift IAC’s (IAC) Digital Innovation and Earnings Narrative? - simplywall.st
Vivian Health, an IAC company, has launched an AI Assistant to streamline healthcare recruitment, signaling IAC's expansion into AI-driven solutions. This move could influence IAC's earnings growth and digital innovation strategy, though the company's reliance on Google for traffic remains a key vulnerability. Analysts have diverse fair value estimates for IAC, ranging from US$46.26 to US$177.63.
A Look at IAC's (IAC) Valuation Following Recent Share Price Declines - Yahoo Finance
IAC's shares have fallen over 3% today, extending a more than 10% decline for the month and a 26.1% loss over the past year. Despite analysts deeming the stock 34% undervalued with a fair value of $48.69, concerns about revenue and long-term losses persist. The D/Cipher+ product is highlighted as a key asset for future digital advertising revenue growth and profitability.
People Inc. Cuts 6% Of Its Workforce
People Inc., formerly Dotdash Meredith, has announced layoffs impacting 226 employees, approximately 6% of its workforce, across all business areas. The company attributes these cuts to a strategic decision to reallocate funds towards growth areas, such as the recent acquisition of Feedfeed and investments in its contextual ad-targeting tech, D/Cipher+, rather than business struggles. Despite facing challenges from AI search products impacting referral traffic and a dip in its parent company IAC's stock, People Inc. emphasizes its growth in off-platform views and AI partnerships, while affirming AI will not replace human content creation.
IAC TO ANNOUNCE Q3 2025 EARNINGS ON NOVEMBER 3rd AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 4th
IAC (NASDAQ: IAC) will release its third-quarter 2025 earnings after market close on Monday, November 3, 2025. Following the earnings release, the company will host a conference call on Tuesday, November 4, 2025, at 8:30 a.m. ET to discuss the results. Key executives including Barry Diller, Christopher Halpin, and Neil Vogel will participate in the call, which will be accessible to the public via a live audiocast and replay on IAC's investor relations website.
IAC TO ANNOUNCE Q3 2025 EARNINGS ON NOVEMBER 3rd AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 4th
IAC (NASDAQ: IAC) will release its third-quarter 2025 financial results after market close on November 3, 2025, accessible on its investor relations website. The company will also host an earnings conference call on November 4, 2025, at 8:30 a.m. ET to discuss the results, with participation from key executives including Barry Diller. The audiocast will be publicly available through IAC's investor relations section.
