ServiceMagic 2013 Annual Report Download - page 12

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Table of Contents
definition video player, proprietary uploading and encoding infrastructure and uncluttered advertising experience. Vimeo's revenue is derived
primarily from subscription product offerings, as well as on-demand transactions and advertising.
Electus is an integrated multimedia entertainment studio that unites producers, creators, advertisers and distributors to produce video content
for distribution across a variety of platforms in the United States and various jurisdictions abroad. Electus also operates Electus Digital, which
consists of the following websites and properties: CollegeHumor.com, Dorkly.com, WatchLOUD.com, YouTube channels WatchLOUD,
Nuevon and Hungry and Big Breakfast (a production company).
Our Media segment also includes Daily Burn and The Daily Beast. DailyBurn is a health and fitness property that provides streaming fitness
and workout videos across a variety of platforms, including iOS, Android, xBox and internet-enabled "connected" televisions. The Daily Beast
(formerly News_Beast) is a website dedicated to news, commentary, culture and entertainment that curates and publishes existing and original
online content from its own roster of contributors.
Our Media segment revenue is derived primarily from advertising, media production and subscriptions.
Other
Our Other segment consists primarily of Shoebuy and Tutor. Shoebuy is a leading internet retailer of footwear and related apparel and
accessories. Shoebuy generally passes purchases made by customers through its various websites on to the relevant vendors for fulfillment and
shipping. Tutor is an online tutoring solution, which was acquired in December 2012. Our Other segment revenue is derived primarily from
merchandise sales and subscriptions.
Employees
As of December 31, 2013, IAC and its subsidiaries employed approximately 4,000 full-time employees. IAC believes that it generally has
good employee relationships, including relationships with employees represented by unions or other similar organizations.
Additional Information
Company Website and Public Filings. The Company maintains a website at www.iac.com. Neither the information on the Company's
website, nor the information on the website of any IAC business, is incorporated by reference in this annual report, or in any other filings with,
or in any other information furnished or submitted to, the SEC.
The Company makes available, free of charge through its website, its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K (including related amendments) as soon as reasonably practicable after they have been electronically filed with (or
furnished to) the SEC.
Code of Ethics. The Company's code of ethics, as amended in April 2009, applies to all employees (including all of IAC's executive
officers and senior financial officers (including IAC's Chief Financial Officer and Controller)) and directors and is posted on the Company's
website at http://ir.iac.com/corporate-governance-document.cfm?DocumentID=11373. This code of ethics complies with Item 406 of SEC
Regulation S-K and the rules of The Nasdaq Stock Market. Any changes to the code of ethics that affect the provisions required by Item 406 of
Regulation S-K, and any waivers of such provisions of the code of ethics for IAC's executive officers, senior financial officers or directors, will
also be disclosed on IAC's website.
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