IAC Posts

IAC buys more of Tinder from early investor

Tinder is a location based social discovery app that connects people with mutual interests. The app is used for both networking and dating purposes. Tinder has hit around 10 million users and has made millions of matches in over a year now. 

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Vimeo announces $10 million film distribution program

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Vimeo has launched a new $10 million program. The $10 million fund is for films that are distributed exclusively through Vimeo On Demand. Vimeo On Demand was launched a year ago. The services lets creators charge for access to their content.

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Aereo raises $34 million, plans 15 market expansion by March

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Aereo is a video streaming startup that allows users to watch live local TV channels for $8 per month. Aereo has announced that they have raised $34 million in funding to pursue an expansion plan.

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Fired IAC PR exec Justine Sacco apologizes for offensive tweet

Justine Sacco
Justine Sacco is a former PR executive at InterActiveCorp (IAC). She was fired because she wrote an offensive tweet that said “Going to Africa. Hope I don’t get AIDS. Just kidding. I’m white!” Sacco was a senior director of corporate communications at IAC. IAC owns websites like Match.com, The Daily Beast, About.com, OkCupid, CollegeHumor.com, and Dictionary.com.

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Match.com Is Getting Sued For $1.5 Billion By A Model

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InterActiveCorp (IAC) subsidiary Match.com is one of the largest dating websites on the Internet with around 2.8 million paying subscribers.  Match.com is getting sued for $1.5 billion by Miami-based model Yuliana Avalos (pictured above).  Why is she suing Match.com?

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CollegeHumor To Release Coffee Town Movie Tomorrow

Coffee Town
Popular comedy website CollegeHumor is going to release their first full feature-length film tomorrow called Coffee Town.  The film will be made available on iTunes, Amazon.com, PlayStation, and other platforms.
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Aereo Is Expanding To Boston Next Month

Aereo has announced this week that they will be expanding their TV streaming service to Boston, Massachusetts in a few weeks.  Users that registered with Aereo will be able to tune in to the service starting May 15th and then will open it up to everyone on May 30th.  Boston is the second city to get Aereo after New York City.  This past January, Aereo said that they plan to expand to 22 cities in the U.S. over the course of the year.
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Vimeo Buys Echograph, Names Nick Alt As Head Of Mobile

Vimeo is a video sharing website that is known for hosting crisp HD video.  The company has acquired Echograph, a popular iPhone and iPad app developed by Clear-Media.  Echograph lets you build creative videos that look like animated GIFs.  After the acquisition is completed, Vimeo will most likely make the $2.99 Echograph app free.  The Echograph team will be reporting to Vimeo president Dae Mellencamp.  The terms of the deal were undisclosed.

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