Software, Digital Content, Geopolitics, Economics & More from of a Libertarian Serial Expat and Entrepreneur
In: people8 May 2001
"The Internet Commerce Group, consisting of Ticketmaster.com, HSN.com, Hotel Reservations Network and Match.com, generated $39 million EBITDA (earnings before interest, taxes, debt and appreciation) on $182 million in revenue during the first quarter, an 89 percent jump in revenue over last year. Based on those numbers and projections that have been adjusted to take a faltering economy into consideration, Diller says the group can bring in $750 million in 2001 with profits of $120 million."
Homestore, Expedia, Ticketmaster, Monster.com, that’s a few big sites growing into profitable properties.
07/17/01 update: USA Networks to Buy 75% of Expedia.
I'm CEO of an online trade publishing firm in the marketing and defense verticals. We try to make news and data digestible and useful in an environment that is more noisy each day. This personal blog mixes my thoughts and interests on politics, business, software, and more, based on my business and personal experiences. Over the years I have posted items that turned out spectacularly wrong, and a few posts that stood the test of times better. Personal views only.