---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-24-000010"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:11:24.806032+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dotdash Meredith reports 2023 revenue down 12% YoY to $1.69B, net loss improves to $207M

## Summary
- Revenue $1.6949B in 2023 vs $1.9347B in 2022, driven by print declines; Digital revenue not separately disclosed.
- Net loss of $207.4M in 2023 vs $367.5M in 2022; operating loss narrowed to $150.7M from $188.1M.
- Goodwill unchanged at $1.5B; intangible assets net $615.5M (down from $895.2M due to amortization).
- Long-term debt $1.497B at Dec 2023; received $510M contributions from IAC and made $405M distributions during year.
- Interest expense $137.5M vs $90.1M in 2022 due to higher rates on Term Loan B.

## SEC filing metadata
- accession: 0001800227-24-000010
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000180022724000010/0001800227-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022724000010/iaci-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-24-000010
- JSON: https://secwatch.observer/filing/0001800227-24-000010.json
- Plain text: https://secwatch.observer/filing/0001800227-24-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.