Barry Diller

“I'm going to be brief about just some opening remarks. I much prefer to get to your questions. On MGM, as you all know, we spent a good many months this summer.”

“Thanks, Chris. you know about six months ago somewhere around then we began to chart a new course for the company we decided that just being in the general acquisition business was not going to produce results as it had for the past couple of decades we just didn't think there were opportunities but what we did have…”

“We had a solid fourth quarter at the company, finishing the year on a confident note characterized by focus and execution. We saw a 14% increase in digital revenue, surpassing the expectations of skeptics in digital publishing.”

“I've been talking to investors lately, and I certainly understand everyone's desire for more clarity about IAC's future. With the departure of our CEO and the spin-off of Angi, it's understandable that there are questions about our direction and our future.”

“But it's nice to talk with you this morning. I haven't been on one of these calls in a little more than 10 years and hopefully, you will not want me to wait another 10 years before I do it again.”