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Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never gave them any benefits.
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never gave them any benefits.
DealBook: Making a Case for One Leader at JPMorgan
"This isn't about good governance; it's about busybodies without a clue, trying to do the dumbest thing - slapping and shaming a superb C.E.O. for utterly no practical reason." That's what Barry Diller , the media mogul, told me on Monday about the possibility that shareholders could vote to strip Jamie Dimon , the chairman and chief executive of ... (more)
Will Facebook Pull the Trigger on a Netflix-like Acquisition?
Once upon a time, Netflix traded near $50 a share and had bad press on all sides.
InterActiveCorp Coverage Initiated at JG Capital
The firm set a "positive" rating on the stock. The analysts wrote, "IAC is a complex company with unrelated businesses in the core areas of search, applications, online dating, local and media.
About.com, Newsy Partner For Original Online Video Content
Outsourcing a share of its video production, About.com on Wednesday is expected to announce a partnership with mobile-focused video news network Newsy.
Large-Cap Tech Is Breaking Out
Much has been written on Apple's breakout since its recent lows in the $380s. The company has posted its best two weeks of trading since 2009, rising ~20% since its intraday lows of $385 on April 19.
Helmed by CEO Rourke, Hud:sun Media will work closely with Electus to develop and produce programming for television, digital and content marketing, both domestically and internationally.
InterActiveCorp PT Raised to $58.00 at Ubs Ag
The firm currently has a "buy" rating on the stock. Shares of InterActiveCorp traded down 0.32% during mid-day trading on Thursday, hitting $47.42. InterActiveCorp has a 52 week low of $38.20 and a 52 week high of $55.57. The stock's 50-day moving average is currently $43.90. The company has a market cap of $3.996 billion and a P/E ratio of 27.77.
Pre-Market Analysis on FB, ZNGA, AKAM, and IACI
The Internet information sector has generally shown poor performance despite some major positives in earnings.
Mobile USA , TMUS , the shares up now $1.03, or almost 7%, at $16.59. CEO John Legere was on Bloomberg Television this morning being asked about the battle between Dish Networks and Japan's Softbank over Sprint-Nextel , and said he didn't care about which company won Sprint.
IAC/InterActiveCorp Management Discusses Q1 2013 Results - Earnings Call Transcript
Good day, everyone, and welcome to the IAC Reports Q1 Results Conference Call. Today's conference is being recorded.
CBS Won't Buy Hulu, Might Terminate Free TV
According to Bloomberg , CBS Chief Executive Les Moonves said that the network will switch to cable if Aereo wins the right to re-transmit shows without permission.
U.S. Stock Futures Little Changed Before Fed Statement, ISM Data
U.S. stock futures were little changed, after the Standard & Poor's 500 Index climbed to a record yesterday, as investors awaited a statement from the Federal Reserve and a report on manufacturing.
IAC nets a Diller of a disappointment
IAC/InterActiveCorp shares fell as much as 5.5 percent in extended trading after the owner of Match.com, Newsweek/Daily Beast and other Internet brands reported slower-than-expected growth in its search segment.
InterActiveCorp (IACI) Releases Quarterly Earnings Results, Beats Expectations By $0.14 EPS
InterActiveCorp issued its quarterly earnings data on Tuesday. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.14, StockRatingsNetwork reports.
BizNext: 7 things you need to know 04.30.13
Apple just got a patent for a technology that will alert you to the best way to contact a customer, friend or family member, whether it's text, phone call or email, at any given time based on where they are and what they're doing.
Chelsea Clinton: A Stanford Education and She is Talking to a Lizard
Think about this: You're the most well-known people in the world. You are the President and First Lady of the United States, and every single newspaper, magazine, reporter, or movie star would LOVE to be the first people to ask your one and only cute little child a question.
Buyer's Remorse: Media Mogul Says He Regrets Acquiring Newsweek
"I wish I hadn't bought Newsweek," the founder and Chairman of IAC/InterActiveCorp said today in a Bloomberg Television interview.
Diller: Aereo Is 'Not a Loophole; It Is a Right'
IAC/Interactive Corp. chairman and founder Barry Diller defended his investment in Aereo by arguing consumers have a "right" to the service and that the company is not simply exploiting a "legal loophole" in the law.