Diller Talks Up CitySearch

IAC/Interactive Corp. Chairman Barry Diller generally downplays CitySearch during analyst calls, preferring to focus on brighter stories among IAC’s portfolio of companies, such as TicketMaster, Lending Tree and until recently, Expedia.

But at a Goldman Sachs’ investor conference on Sept. 22, Diller surprisingly devoted more time to CitySearch than IAC’s other companies. He noted that CitySearch is now operating in the black, and has seen a rise in monthly unique users from eight million in 2003 to 23 million today.

Diller’s positive comments reinforce outward confidence in the division by IAC, including its recent move to the new IAC west coast headquarters in West Hollywood, and its recruitment of high level executives to work under CEO Briggs Ferguson.

Planet Discover Adds Gannett, Scripps

Planet Discover’s addition of Gannett and Scripps titles suggests that it is increasingly poised to breakout in the newspaper search space. The potential for newspaper search remains fairly good, as newspapers begin to compete more seriously against the Yellow Pages for search-oriented shopping and small business advertising.

For Planet Discover, the Scripps tie is especially interesting, as the parent company looks for ways to localize its new Shopzilla acquisition. Up to now, Scripps executives have solely focused on Shopzilla’s synergies with the conglomerate’s non-local cable properties, such as HGTV, The Food network and DIY.