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41-546: The Princeton Review was founded in 1981 by John Katzman , who—shortly after graduating from Princeton University—began tutoring students for the SAT from his Upper West Side apartment. A short time later, Katzman teamed up with Adam Robinson, an Oxford-trained SAT tutor who had developed a series of techniques for "cracking the system." Katzman built the Princeton Review into a national and then international operation and

82-403: A company that owns online dating and college preparation services could amass data and exploit it in a way that preys on unsuspecting consumers, particularly younger people. "Do parents know that when their underage kids enroll for exam prep or tutoring, personal information may be shared with hookup sites that could then target their kids to become customers?" asked the critic, who concluded that

123-605: A controlling stake in Ticketmaster Group in July 1997, and then acquired the rest of the company in June 1998. In February 1998, it acquired the television assets of Universal Studios (including USA Network , Sci-Fi Channel , and Universal Television 's domestic production and distribution arms) for $ 4.1 billion. The company's name was changed to USA Networks, Inc. at this point. Continuing its acquisition strategy,

164-616: A founder of both 2U and its major competitor, Noodle Partners, Katzman is often mentioned in articles and discussions surrounding the Online Program Management (OPM) industry. At 2U, Katzman popularized the revenue-share model in which OPMs take a percentage of a university’s tuition revenue in exchange for program management. This business model is debated among higher education constituents and policymakers but remains popular today. A 2019 article by Kevin Carey published in

205-433: A full-service strategy, marketing, and technical services provider to higher education. As of October 2023, it reported working with over 65 public and private universities and has raised over $ 110 million through three rounds of financing. Katzman has been involved in the founding of several other education companies, including Tutor.com , Student Advantage, and Eat New York, an early software-based restaurant guide. He

246-432: A minority owner of Reich's rebranded company Dropout . As a result of the restructuring, more than 100 employees of CollegeHumor were laid off. In February, IAC completed its $ 500 million acquisition of Care.com. In July 2020, IAC and Match Group announced the successful completion of the separation of Match Group from the remaining businesses of IAC. As a result of the separation, Match Group's dual class voting structure

287-607: A new company named Vivendi Universal Entertainment, led by Diller. Throughout this transition, USA Networks continued to build up its online portfolio. In July 2001, the company entered the online travel business with its acquisition of Expedia , followed the next year by an acquisition of Interval International . Following the shift in focus to online assets, the company changed its name to USA Interactive ( USAI ) in May 2002; InterActiveCorp in June 2003; and finally to IAC/InterActiveCorp in July 2004. In August 2003, IAC acquired

328-575: A number of books for the company, including Cracking the SAT , a New York Times bestseller, and created products and services in several media. 2U (2008-2012) In 2008, Katzman founded 2U , an educational technology company that partners with leading nonprofit colleges and universities, such as the University of Southern California , Georgetown University , and University of North Carolina at Chapel Hill to offer online degree programs. He served as

369-478: A senior thesis titled "The Dead Tree Gives No Shelter." The Princeton Review (1981-2007) Katzman was the co-founder of The Princeton Review , which initially taught SAT preparation to high-school students in New York City. He started the company in 1981 shortly after leaving college, then partnered with Adam Robinson to develop it, and served as the company’s CEO until 2007. He authored and coauthored

410-679: A subsidiary of Comcast . The company is incorporated under Delaware General Corporation Law and headquartered in New York City . Joey Levin , who previously led the company's search and applications segment, has served as chief executive officer since June 2015. IAC was established in 1986 as Silver King Broadcasting Company , as part of a plan to increase viewership of the Home Shopping Network (HSN) by purchasing local television stations. By 1988, Silver King had bought 11 stations for about $ 220 million. The company

451-631: A wide range of standardized tests, Katzman is an outspoken critic of the modern preoccupation with standardized testing. He has argued that many tests are no better indicator of achievement in the relevant fields than grades and scores on other tests (such as the Advanced Placement exams). He has also been outspoken in his opposition to the Common Core and tests based on it. He demands better outcomes from for-profit education providers. He often speaks on topics related to online education and

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492-564: Is actually called: IAC Inc. In October, IAC agreed to sell its workforce-as-a-service platform Bluecrew to EmployBridge with IAC remaining a minority shareholder in Bluecrew's business. IAC's businesses are categorized into distinct segments for the purposes of financial reporting. Those segments are labelled by the company as Angi Inc., Dotdash Meredith, Search, and Emerging and Other. Each business listed may have multiple brands connected to it. On May 1, 2017, IAC announced it had entered into

533-559: Is an angel investor in two dozen education technology ventures, and has served on the boards or advisory boards of several others including the National Association of Independent Schools , the National Alliance of Public Charter Schools , The Institute for Citizens & Scholars , Carnegie Learning , and Renaissance Learning . Despite being the founder of a business based on the preparation of students for

574-650: Is the parent company of Strayer University and Capella University . Katzman lives in New York and is married to Alicia Ernst. They have two children, Daniel and Lyra. IAC (company) IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet . The company originated in 1996 as HSN Inc. as the holding company of Home Shopping Network and USA Network before changing its name to USA Networks, Inc. in 1999 and its television assets were sold to Vivendi in 2002. Those are now owned today by NBCUniversal ,

615-697: The Robert Wood Johnson Foundation , criticized the Princeton Review list of Best Party Schools . USA Today published an editorial titled "Sobering Statistics" in August 2002 and stated, "the doctor's group goes too far in suggesting that the rankings contribute to the problem (of campus drinking)." The editorial noted the fact that among the schools the AMA program was then funding as part of its campaign against campus drinking, six of 10 of those schools calling for The Princeton Review to "drop

656-529: The Home Shopping Network, Ticketmaster, and Interval International. In 2009, IAC acquired Urbanspoon and People Media, and launched the production company Notional. IAC would later sell Urbanspoon to Zomato in 2015. IAC's largest shareholder, Liberty Media, exited the company in 2010, following a protracted dispute over the 2008 spinoffs. Liberty traded its IAC stock for $ 220 million in cash, plus ownership of Evite and Gifts.com. On

697-536: The Huffington Post names Katzman as the impetus for the development of the entire OPM industry and some of the issues that have since arisen, including revenue-share and runaway digital marketing costs. Katzman, Carey says, is now fighting to change the tuition-splitting practices that he created. In 2020, however, Noodle Partners teamed up with Strategic Education to use WorkForceEdge, a platform to connect employees with educational programs. Strategic Education

738-561: The Princeton Review website: The company offers courses worldwide through company-owned and third-party franchises . Countries with Princeton Review franchises include Azerbaijan , Bahrain , Egypt , Hong Kong , India , Indonesia , Jordan , Kazakhstan , Kuwait , Lebanon , Malaysia , Mexico , Oman , Philippines , Qatar , Saudi Arabia , South Korea , Switzerland , Turkey , the United Arab Emirates and Vietnam . Test preparation providers have been criticized in

779-469: The SAT. Princeton Review's Inside the SAT software was the recipient of a 1996 software CODiE award. Katzman was a recipient of the 2018 ASU GSV Lifetime Achievement Award, which "honors individuals whose lives have had a profound impact in changing the world for good". In 2024, he was named one of the 100 most influential people in K-12 education by District Administration. At Princeton Review, Katzman

820-677: The annual ranking...had made (Princeton Review's) past top-party-school lists: many times for some. That's no coincidence." The editorial commended The Princeton Review for reporting the list, calling it "a public service" for "student applicants and their parents". The Princeton Review rankings for LGBT -related lists were criticized in 2010 by a ranking competitor in The Advocate magazine as inaccurate due to outdated methodologies. The Princeton Review has always based its "LGBTQ-Friendly" and "LGBTQ-Unfriendly" top twenty ranking lists on its tri-annual surveys of students at colleges profiled in

861-737: The company "makes no guarantee that data sharing among its entities will not include those customers whose sole aim is to improve their grades and test scores." Indeed, another critic points out that The Princeton Review "policy states 'we may collect certain information from your computer each time you visit our site'—information like data 'regarding your academic and extracurricular activities and interests.' That information can be used to 'send you email notices and offers; perform research and analysis about your use of or interest in our products, services or products or services offered by others; [and] develop and display content and advertising tailored to your interests on our site and other sites. ' " No evidence

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902-674: The company acquired the Hotel Reservations Network in May 1999 for $ 149 million. USA Networks merged the online division of Ticketmaster with city guide website Citysearch in September 1998, establishing a new company that went public as Ticketmaster Online–CitySearch (TMCS). USA then sold Ticketmaster proper to TMCS in 2001, retaining a 61 percent share in the combined company, which became known as simply Ticketmaster. USA brought Ticketmaster back under full ownership in 2003, purchasing all outstanding shares. In

943-490: The company bundled together its travel-related sites and spun them off as a new public company, Expedia, Inc. Additional acquisitions in 2006 included ShoeBuy.com , which the company later sold to Jet , and Connected Ventures including CollegeHumor and Vimeo . In May 2008, IAC and Ask.com acquired Lexico , the owner of Dictionary.com , Thesaurus.com, and Reference.com . In August 2008, IAC spun off several of its businesses, including: Tree.com (formerly LendingTree),

984-652: The company was acquired by Charlesbank Capital , a private equity fund, for $ 33 million. On August 1, 2014, the Princeton Review brand name and operations were bought for an undisclosed sum by Tutor.com , an IAC company , and Mandy Ginsburg became CEO. The company is no longer affiliated with its former parent, Education Holdings 1, Inc. On March 31, 2017, ST Unitas acquired The Princeton Review for an undisclosed sum. In January 2022, Primavera Capital Group acquired The Princeton Review and Tutor.com from ST Unitas. The Princeton Review offers test preparation courses, tutoring services, and or guidebooks for various tests via

1025-436: The company's Best Colleges book which asks undergraduates: "Do students, faculty, and administrators at your college treat all persons equally regardless of their sexual orientations and gender identify/expression?" The Princeton Review also publishes The Gay & Lesbian Guide to College Life (2007) . It has been available as an eBook since 2011. In 2016, the company was criticized by privacy rights advocates concerned that

1066-557: The company’s CEO until January 2012. Katzman shifted to Executive Chairman in January 2012, and left in August to help build Noodle. Like The Princeton Review, 2U became a Russell 2000 company. Noodle (2010–present) In 2010, Katzman created The Noodle Companies, a studio with multiple subsidiary, Noodle-branded education companies. In 2016, he changed the focus of Noodle Partners, and became its full time CEO. Founded as an online program manager , Noodle Partners has evolved into

1107-465: The early 2000s, USA Networks began divesting itself of its traditional television broadcasting and production units. In May 2001, Univision Communications acquired USA Broadcasting (a division of USA Networks including 13 local stations). The next year, Vivendi bought the rest of USA's broadcast entertainment businesses, including the USA Network and Sci-Fi Channel. This led to the creation of

1148-467: The foundation for a new broadcast network. The company acquired several assets in the late 1990s. In December 1996, Silver King acquired an 80% stake in HSN for $ 1.3 billion in stock, and changed its own name to HSN, Inc. At the same time, the company acquired Savoy Pictures , a failed film studio that owned four Fox affiliate stations through SF Broadcasting , for $ 210 million in stock. HSN purchased

1189-635: The measurement of academic achievement. In 2008, Katzman and his wife pledged $ 1.5 million to help fund the Katzman/Ernst Chair in Educational Entrepreneurship, Technology and Innovation, an endowed chair in the University of Southern California Rossier School of Education to train and certify teachers for urban schools. Katzman was a co-recipient of a Cable Television ACE Award in 1995 for Princeton Review's Student Admissions Television , an education special about

1230-469: The online mortgage comparison site LendingTree , and in September, the company added discount travel website Hotwire.com to its growing list of acquisitions. In October, IAC agreed to buy French travel site Anyway.com from Transat A.T. for $ 62.7 million. In 2004 and 2005, IAC continued its growth through acquisition, adding assets including Tripadvisor , ServiceMagic , and Ask Jeeves . It also launched Gifts.com during this period. In August 2005,

1271-522: The past on the grounds that their courses claim larger score increases than they deliver. College rankings, including those published by the Princeton Review, have been criticized for failing to be accurate or comprehensive by assigning objective rankings formed from subjective opinions. Princeton Review officials counter that their rankings are unique in that they rely on student opinion and not just on statistical data. In 2002 an American Medical Association affiliated program, A Matter of Degree, funded by

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1312-655: The same day, Diller stepped down as CEO, though he remained as chairman and Match.com CEO Greg Blatt was appointed to succeed him. That same year, IAC acquired dating site Singlesnet and fitness site DailyBurn . In January 2013, IAC acquired online tutoring firm Tutor.com . On August 3, 2013, IAC sold Newsweek to the International Business Times on undisclosed terms. On December 22, 2013, IAC fired their director of corporate communications, Justine Sacco , after an AIDS joke she posted to Twitter went viral , being re-tweeted and scorned around

1353-415: The symbol "VMEO". In October 2021, IAC announced the acquisition of Meredith Corporation 's National Media Group for $ 2.7 billion. The deal closed December 1, 2021, and the acquired Meredith (and the former Time Inc. ) assets merged with IAC subsidiary Dotdash, forming a new entity called Dotdash Meredith . In August 2022, IAC officially changed its legal entity (IAC/InterActiveCorp) to reflect what it

1394-428: The world's largest peer-to-peer car sharing marketplace, Turo . Later that year, IAC acquired Care.com . In December 2019, IAC and Match Group entered into an agreement providing for the full separation of Match Group from the remaining businesses of IAC. In January 2020, IAC withdrew its financial backing for CollegeHumor and its sister websites and sold the websites to Chief Creative Officer Sam Reich ; IAC remains

1435-743: The world. The incident became a byword for the need for people to be cautious about what they post on social media. In 2014, IAC acquired ASKfm for an undisclosed sum. In November 2015, IAC and Match Group announced the closing of Match Group's previously announced initial public offering. In May 2017, HomeAdvisor combined with Angie's List , forming the new publicly traded company ANGI Homeservices Inc. The company made its stock market debut in October 2017. In October 2018, ANGI made its first acquisition of on-demand platform Handy . In January 2019, IAC sold Citysearch parent CityGrid to eLocal. In July 2019, IAC made its largest investment ever in

1476-412: Was CEO until 2007, when he was replaced by Michael Perik. In March 2010, Perik resigned and was replaced by John M. Connolly. In April 2010, the company sold $ 48 million in stock for $ 3 per share, and a short time later was accused of fraud in a class action suit filed by a Michigan retirement fund, which claimed The Princeton Review leadership exaggerated earnings to boost its stock price. In 2012,

1517-537: Was born in New York City in 1959, and grew up there with brother Richard, and sister, Julie. Katzman went to Birch Wathen , a small independent school, from kindergarten through high school. He attended Princeton University , where he majored in electrical engineering and computer science (EECS) and then switched to the school of Architecture. He started tutoring in sophomore year to pay his expenses, and continued through college. Katzman graduated from Princeton University with an A.B. in architecture in 1981 after completing

1558-578: Was eliminated and the interest in Match Group formerly held by IAC is now held directly by IAC's shareholders. As of the separation, "new" IAC trades under the symbol "IAC" and "new" Match Group under the symbol "MTCH." In August 2020, IAC announced it had invested a 12% stake in MGM Resorts International . In May 2021, IAC completed the spin-off of Vimeo, the 11th company to be spun-off from IAC. Vimeo trades on Nasdaq under

1599-581: Was ever presented that IAC , which owned The Princeton Review when these criticisms were made, used data gathered by The Princeton Review to promote IAC company dating services to younger people. John Katzman John Katzman (born October 10, 1959) is an American EdTech pioneer. He founded and ran Princeton Review , which assists students with their studies and career choices, and then founded and ran 2U and Noodle Partners , both of which use are tech-enabled service providers to universities. Katzman has also authored books on those subjects. Katzman

1640-481: Was later renamed as HSN Communications, Inc. , and then Silver King Communications, Inc. In 1992, Silver King was spun off to HSN shareholders as a separately traded public company. In August 1995, Barry Diller acquired control of Silver King, in a deal backed by the company's largest shareholder, Liberty Media . Diller, who had led the creation of the Fox network , reportedly hoped to use Silver King's stations as

1681-496: Was one of the first cybersquatters on the Internet. In 1994, he registered Kaplan.com, and then taunted that competitor by encouraging visitors to tell their stories about the company on that page. The case went to arbitration, where he offered to sell the domain for a case of beer; Kaplan declined, and was awarded the domain, leading Katzman to state that "The folks at Kaplan have no imagination, no sense of humor and no beer." As

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