Barry Diller’s IAC to Change Name to ‘People Incorporated,’ Plans to Lay Off 77 Staffers in Consolidation of Corporate Functions

Barry Diller’s IAC To Rebrand As People Incorporated, Focus On Publishing Amid Restructuring, Layoffs

Barry Diller’s sprawling conglomerate IAC is changing its name to People Incorporated and sharpening its focus on its People Inc. publishing business as well as its investment in MGM Resorts International. “Our major continuing operating business is now our publishing operations,” the media  mogul wrote in a a letter to shareholders on Tuesday. “We are unlike most publishers in that we began as a native digital publisher and spent a decade d…

Barry Diller’s IAC to Change Name to ‘People Incorporated,’ Plans to Lay Off 77 Staffers in Consolidation of Corporate Functions

More than two decades after Barry Diller established IAC (InterActiveCorp.) as a media holding company, he announced that it will change its name to “People Incorporated” by its Q2 earnings in August. The name change is “to reflect its focus on its People publishing business and its stake in MGM Resorts,” the company said. IAC’s Dotdash Meredith publishing unit in July 2025 had changed its name to People Inc. Now, that’s going to be the name o…

Barry Diller Reveals Layoffs, C-Suite Shake Up and Name Change for IAC

The mogul will shift to executive chairman as the company focuses on two core areas: People publishing and its stake in MGM Resorts. Neil Vogel will become CEO.

Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions

New York Times: Barry Diller announces a broad overhaul of IAC, changing its name to People, with a focus on its publishing business and MGM stake, and will cut 77 positions  —  The artificial intelligence giant has reportedly fallen behind on its own user and revenue targets, raising questions about its data center and I.P.O. plans