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IAC/InterActiveCorp Message Board

  • paybak66 paybak66 Mar 20, 2008 3:54 PM Flag

    dumping EPI?

    Just read the Q4 07 earnings conf call transcript - and noticed the comment from an analyst about Diller "trying to sell EPI for some time now".

    Interesting that they not only WANT to (finally) dump Entertainment - but that they cant even find a BUYER!

    Yikes!

    What does everyone else think about EPI? Looks like their numbers the past 1 - 2 yrs have been horrible....new CEO or not! And now, transitioning to a "paid advertising model" - since that is the CEO's background - seems poorly timed, given the economy. Good luck getting small, local mom and pop restaurants and retailers to pay for local advertising.

    Ouch....

 
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