Diller Buys ZeroDegrees
----
InterActive Corp. has agreed to buy Santa Monica-based ZeroDegrees
(www.zerodegrees.com), according to Reuters. InterActive, Barry Diller's
conglomerate, did not disclose terms for the company. InterActive also owns
TicketMaster, LendingTree.com, Match.com, and other sites. ZeroDegrees
launched in January of 2003 and launched the service in August of last year.
http://www.socaltech.com/intelligence/index.php?id=670
--------
Diller takes a step away from buying transactions and established aggregated consumer marketplaces to buy a pure audience aggregator. Another obvious horizontal platform for service integration (ala CitySearch).