Iac/Interactivecorp history

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.

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.

Continuing its acquisition strategy, the company acquired the Hotel Reservations Network in May 1999 for $149 million.

In May 2001, Univision Communications acquired USA Broadcasting (a division of USA Networks including 13 local stations). The next year, Vivendi bought the rest of USA's broadcast entertainment businesses, including the USA Network and Sci-Fi Channel.

In August 2003, IAC acquired the online mortgage comparison site LendingTree, and in September, the company added discount travel website Hotwire.com to its growing list of acquisitions.

Additional acquisitions in 2006 included Shoebuy.com, which the company later sold to Jet, and Connected Ventures including CollegeHumor and Vimeo.

In August 2008, IAC spun off several of its businesses, including: Tree.com (formerly LendingTree), the Home Shopping Network, Ticketmaster, and Interval International.

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

On August 3, 2013, IAC sold Newsweek to the International Business Times on undisclosed terms.

In 2014, IAC acquired ASKfm for an undisclosed sum.

IAC would later sell Urbanspoon to Zomato in 2015.

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

In August 2020, IAC announced it had invested a 12% stake in MGM Resorts International.