Headquartered in New York, NY·Fiscal year ends December·NASDAQ: PPLI·people.inc
About People
People Incorporated (NASDAQ: PPLI), formerly IAC Inc., is the owner of People Inc., the largest digital and print publisher in America. The company operates more than 40 consumer media brands including PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, Allrecipes, Investopedia, and Southern Living, attracting more than 175 million consumers monthly. Revenue is generated through digital advertising (including programmatic and direct-sold), performance marketing (affiliate commerce commissions), content licensing (including Apple News+, Meta, and AI/LLM-related distribution), and print subscriptions and advertising. The company also owns Vivian Health, a healthcare professional recruiting platform, and The Daily Beast, a digital news publication. People Incorporated holds a significant minority stake of 66.8 million shares in MGM Resorts International. The company has a long history of building, operating, investing in, and spinning off internet and media businesses, including past ownership of entities like Angi Inc. and Care.com. Updated
Shares of MGM Resorts International (NYSE:MGM | MGM Price Prediction) are sinking in morning trading after Barry Diller’s People Inc. (NASDAQ:PPLI) pulled its cash bid for the casino operator’s remaining public shares.…