FIRST AIRED: June 3, 2016

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00:00:00
media mogul turns web heavyweight barry diller looking to cash in on the smoking hot online dating market the mastermind behind icy interactive announced on thursday the match group which includes match dot com okay cupid and meet up mobile app tender will be separated into a publicly traded company and i. p. o. is planned for sometime in the final quarter of the year , i'm reuters reporter congregations at the icy interactive headquarters in new york city barry diller has become the master of the break up into thousand seventy spun off well known names like the home shopping network and ticketmaster but his biggest success as expedia dot com he spun that off a decade ago it is still the go to site in terms of online travel since then it has grown to a market value of fourteen billion dollars gobbling up other smaller travel websites along the way dealers hoping to duplicate that success with the match spin off his matchmaking business all growth of nearly ten percent and all but one quarter last year the mobile revolution means finding love can be as simple as just a few swipes on a mobile phone , after the break up i. a. c. will still control other internet media names like ask dot com and the daily beast , shares jumping to a record high after the announcement