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Wednesday, April 7, 2010 as of 11:14 AM ET

Barry Diller

Barry Diller

Barry Charles Diller (born February 2, 1942) is the Chairman and Senior Executive of IAC/InterActiveCorp and the media executive responsible for the creation of Fox Broadcasting Company and USA Broadcasting.

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Revenue, Profit Beats Forecast at IAC/InterActive

Barry Diller's Internet holding company IAC/InterActive Corp reported better-than-expected first-quarter revenue and profit bolstered by its search and dating businesses.

Total revenue in the quarter jumped 39 percent to $640.6 million, beating analysts' average forecast of $593 million, according to Thomson Reuters I/B/E/S."It's a nice solid execution once again," said Colin Gillis, an analyst with BGC Partners. "The piece of the equation that is overlooked is how well search is doing."The New York-based company said on Wednesday revenue at the company's search business, which includes Ask.com, increased 47 percent to $343.2 million, while its dating service Match.com posted revenue of $174.3 million, up 56 percent.IAC's rose 6.2 percent to $51.77 in morning trading.The stock is up nearly 35 percent from a year ago attracting investors who like the company's strong share buy-back program and cash dividend.IAC said its board of directors approved a repurchase of an additional 10 million...

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  1. 6 Potential Growth Stocks Near Their Highs

    AlanBrochstein Screens for Potential Growth StocksHere we are with fewerthan two months to go, and stocks, as measured by the S&P 500, have goneessentially nowhere t...

  2. IAC Recruits Chelsea Clinton to its Board

    Last week, Internet media company IAC /Interactive (NASDAQ:IACI) quietly added a 31-year-old graduate student who has little relevant experience to its board of dire...

  3. IAC names Chelsea Clinton to its board

    (Reuters) - Billionaire Barry Diller's IAC /InterActiveCorp <IACI.O> named Chelsea Clinton to its board, the U.S. online media holding company said in a regulatory f...

  4. Self-Loathing in Sun Valley

    The billionaires and millionaires who make their fortunes in media, entertainment and tech wrapped up Saturday at Allen & Co.’s 29 th annual media conference in Sun ...

  5. CEOs wary of hiring, but sweat over jobless rate

    By Scott MaloneBOSTON (Reuters) - Corporate America's job engine is largely stalled, with chief executives waiting for a pickup in demand that would result from high...

  6. Expedia Plans to Spin Off TravelAdvisor

    Expedia Inc, (NASDAQ:EXPE) the largest online travel agency, said it plans to split into two publicly traded companies through a proposed spin-off of its TripAdvisor...

  7. IAC loses appeal over ex-unit that went bankrupt

    By Jonathan StempelNEW YORK (Reuters) - IAC/InterActiveCorp <IACI.O>, a media holding company chaired by billionaire Barry Diller, lost its bid to dismiss a lawsuit ...

  8. Google's Schmidt Speaks Out on Page as CEO

    FBN's Dennis Kneale on his conversation with Eric Schmidt about the Google management shake-up.

  9. Newsweek Merger With Daily Beast Delayed: Report

    The Newsweek/Daily Beast merger was expected to be wrapped up by late November or early December but it has been delayed and is not closing until later this month, t...

  10. Bears Stay on Sidelines: Dow Adds 107

    FOX Business: The Power to ProsperThe bulls on Wall Street continued their hot start to December by piling another 100 points onto the Dow on Thursday in response to...

  11. IAC's CEO Diller Steps Down

    FBN's Sandra Smith on Barry Diller stepping down as CEO of IAC.

  12. Diller Steps Down as IAC CEO, Malone Swaps Stake for Cash

    Barry Diller is stepping down as chief executive of IAC /InterActiveCorp, the company said, adding it had bought out one of its largest shareholders, John Malone's L...

  1. U.K. Panel Slams News Corp., Murdochs Over Hacking Scandal

    A British parliamentary committee blasted News Corp. (NASDAQ:NWSA) on Tuesday, saying the media giant exhibited willful blindness in the U.K. hacking scandal.In a 12...

  2. New York Is No. 2 City for Tech Start-Ups: Study

    New York's start-up scene staged a comeback in the first quarter, according to a new study, as investors scour the city in search of the next Instagram.New York vent...

  3. Aereo Likely To Lose Suit By Networks: Moody's

    Barry Diller's Aereo online broadcast-television sttreaming service will probably be the loser in a court battle with the owners of TV networks, Moody's said Friday....

  4. Diller's War with Networks

    FBN's Dennis Kneale with news that Barry Diller has been sued for showing TV broadcasts through Aereo.

  5. Midday Market Report: 2/15

    Iran cuts oil exports to six European nations

  6. Lower Your 'State of the Union' Expectations

    Time to visit the highlight reel of President Barack Obama’s past State of the Union addresses, as the president speaks to the nation Tuesday night.Keep in mind the ...

  7. TripAdvisor Spins Off From Expedia, Takes Flight as Public Company

    In April, Expedia announced its intentions to spin off trip reviews site TripAdvisor as a public company. And this morning, TripAdvisor debuted on the NASDAQ under t...

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