WSJ – Aug 19 - Match Group is expected to trade at a higher multiple than the rest of IAC, particularly as it starts monetizing Tinder. IAC hasn't mentioned a spinoff but has taken steps in that direction, including creating Match Group with its own management. IAC would need to stabilize it's search-and-apps business (includes Ask.com and About.com) before leaving it on its own. If IAC proceeds with a spinoff, it won't necessarily be a smooth sailing for Match either. Revenue and subscriber growth has slowed in the past three quarters. Average revenue per subscriber has fallen for the past six. The problem: Most user growth is at OkCupid and Tinder, which are free.
by Miriam Gottfried
See full article at WSJ
Match is lost within IAC. Match Group will get far more exposure and a better valuation once they emerge from IAC IMHO. See our summaries of Match/IAC news here: https://www.onlinepersonalswatch.com/category/match/
Match is lost within IAC. Match Group will get far more exposure and a better valuation once they emerge from IAC IMHO. See our summaries of Match/IAC news here: https://www.onlinepersonalswatch.com/category/match/