12 Facts About IAC Films

IAC Films is incorporated under Delaware General Corporation Law and headquartered in New York City.

IAC Films was established in 1986 as Silver King Broadcasting Company, as part of a plan to increase viewership of the Home Shopping Network by purchasing local television stations.

IAC Films was later renamed as HSN Communications, Inc, and then Silver King Communications, Inc In 1992, Silver King was spun off to HSN shareholders as a separately traded public company.

IAC Films's name was changed to USA Networks, Inc at this point.

In 2004 and 2005, IAC Films continued its growth through acquisition, adding assets including TripAdvisor, ServiceMagic, and Ask Jeeves.

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In 2009, IAC Films acquired Urbanspoon and People Media, and launched the production company Notional.

That same year, IAC Films acquired dating site Singlesnet and fitness site DailyBurn.

In July 2019, IAC Films made its largest investment ever in the world's largest peer-to-peer car sharing marketplace, Turo.

In January 2020, IAC Films withdrew its financial backing for CollegeHumor and its sister websites and sold the websites to Chief Creative Officer Sam Reich.

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

In October 2021, IAC Films announced the acquisition of Meredith Corporation's National Media Group for $2.

IAC Films's businesses are categorized into distinct segments for the purposes of financial reporting.