EPISODE · May 4, 2026 · 2 MIN
IAC Doubles Down on Digital, MGM Resorts
from The Daily News Now! Business
IACs Q3 2025 earnings show a strong performance in People Inc. and MGM Resorts. People Inc. exceeded adjusted EBITDA guidance, with digital side growing 9% and audiences reaching over half the U.S. population. Off-platform revenue jumped 66% year-over-year, making up over a third of the quarters haul. IAC is shifting from defense to offense, turning century-old brands into digital powerhouses. MGM is seen as bulletproof, with strong rebound post-COVID and digital profits. Care.com faces enterprise slowdowns and is suing Google for ad tech monopoly. IAC expects digital revenue up 7-10% in Q4 and is divesting non-core assets for about a billion in capital. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6259ab897fb193e
NOW PLAYING
IAC Doubles Down on Digital, MGM Resorts
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Mar 19, 2026 ·34m
Feb 18, 2026 ·11m
Feb 11, 2026 ·45m