IAC Looks to Sell CH Media Following Match Group Spin

IAC is reportedly considering a sale of CH Media, a portfolio property acquired in 2006 which contains viral video brand CollegeHumor.

CollegeHumor reaches over 15 million unique visitors each month, and owns multiple YouTube videos with 50 million views or more. 

Recent uploads include ‘Why Scary Movies Aren’t Actually Scary’, ‘Breaking Up with Snapchat’ and ‘Why Musicians are Forced to Sell Out’.

CH is also the parent of DROPOUT, a subscription-based streaming service for comedy without ads.

An IAC spokesperson declined to comment on the potential sale when approached by reporters at Bloomberg.

The news comes following the announcement that IAC is looking to spin Match Group, the parent company to Tinder, OkCupid, Hinge and POF. 

Match stock has dipped around 3% since that time, while IAC has climbed approximately 5%. The former will take on debts from the latter as part of any separation, so some analysts feel Match may be impacted negatively.

Others argue that there will no longer be a danger of IAC siphoning profits in the wake of a split, so the dating giant will win in the long term.

Read more here.