This link has been bookmarked by 1 people . It was first bookmarked on 30 Apr 2008, by Wade Ren.
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30 Apr 08
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IAC reported first quarter earnings 
this morning, and broke out the financials of what the new IAC would like after the pending five-way breakup of the company is completed. (A March court victory against dissenting -
uch owes its 22 percent jump in revenues and 15 percent jump in operating income to the $3.5 billion, five-year deal it struck with Google last fall to hand over all search advertising on Ask.com and other sites to the search overlord.
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e Media & Advertising division—the new IAC’ largest and most profitable unit which includes Ask.com, Citysearch, and Evite—revenues increased 28 percent to $216 million and operating income skyrocketed 192 percent to $31 million. This was largely
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er revenues per search quer
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on to iits No. 5 spot in search market share (4.7 percent in March, according to comScore) and showe
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als finally got canned). Ask has been
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queries of any search engin
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search advertising business from its fading
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AC’s other businesses did not do so well on their own. Match.com saw a 10 percent jump in revenues, but a 13 percent decline in operating profits. And the other businesses are just a mish-mash of underperforming assets.
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n’t Ask already been outsourcing its ads to Google for years now? I think what happened was they got a *better* deal with Google than they previously had so they got more money from Google (per search or whatever), that’s a
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