IAC: A History of Acquisitions and Transformations IAC, initially established in 1986 as Silver King Broadcasting, embarked on an aggressive acquisition strategy, rapidly expanding its portfolio. Early acquisitions focused on local television stations, leading to a name change to HSN Communications and then Silver King Communications. A 1992 spin-off made it a publicly traded company. Barry Diller's acquisition in 1995, backed by Liberty Media, aimed to build a new broadcast network. Subsequent acquisitions included a major stake in HSN, Savoy Pictures, and Ticketmaster. A pivotal moment arrived in 1998 with the $4.1 billion purchase of Universal Studios' television assets, renaming the company USA Networks. This period saw further acquisitions, including the Hotel Reservations Network and Citysearch. The company then divested its traditional television holdings, selling assets to Univision and Vivendi. Shifting focus to online assets, the company rebranded to USA Interactive, then InterActiveCorp, and finally IAC/InterActiveCorp. The early 2000s saw a flurry of online acquisitions including Expedia, LendingTree, Hotwire, and later Tripadvisor and Ask Jeeves. Several spin-offs followed, including Expedia and key assets like the Home Shopping Network and Ticketmaster. Liberty Media's exit in 2010 marked a significant shift. The subsequent years witnessed further acquisitions and spin-offs, including Vimeo in 2021. The acquisition of Meredith Corporation's National Media Group in 2021 significantly expanded its media holdings. IAC continues to evolve, adapting to the changing media landscape through strategic acquisitions and divestments. In 2022, the company officially simplified its name to IAC Inc.