NY TIMES - Sep 14 - IAC has been snatching up dating sites for the last several years. In March, IAC increased its majority stake in Tinder. As of the end of last year, IAC said it hosted 30M active users among its dating properties, 3.4M of which are regular paid subscribers. The Match Group is now responsible for about one quarter of IAC’s overall revenue. “We are not just the acquirer of choice,” said Sam Yagan, CEO of the Match Group, “we are the only acquirer.” Investors seem nervous. They have been pushing for IAC to spin off the Match Group as soon as possible, probably because they think the popularity of dating sites is about to crest. Dating through mobile is exploding and has remained a weak spot for much of the industry. Another problem is that the market has become crowded. Mr. Yagan is not worried. He said there was still plenty of business to go around.
by Leslie Kaufman & Mike Isaac
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