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(2) Zoomerang Survey of match Talk™ beta users, October 2006.NEW YORK, July 7 /PRNewswire-First Call/ -- Today, an operating business of IAC (NASDAQ: IACI), announced that it has signed an agreement to acquire People Media, a leading operator of targeted dating sites, from American Capital Ltd."It's clear that some people are drawn to online communities defined by their own demographic characteristics, and Josh Meyers, People Media's CEO, and his team have done a tremendous job of developing and operating those communities," said Greg Blatt, CEO of "We believe People Media's momentum will continue, and that the combination of and People Media can accelerate each business' current growth trends in a variety of ways, including through the sharing of product development and online marketing expertise and the ability to market a broader array of services to the combined customer base, thereby improving customer acquisition economics for both companies." "We are thrilled to be joining forces with," said Josh Meyers, CEO of People Media.Founded in 1986, American Capital has billion in capital resources under management(1) and ten offices in the U. provides a rich tapestry of ethnicities, interests, goals, ambitions, quirks, looks and personalities from which to choose.operates some of the leading subscription-based online dating sites in 24 countries, in 8 languages and spanning five continents, as well as oversees its ongoing investment in, the world's number one dating and relationship site, today launched an innovative new service called match Talk™.

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In fact, a majority of people surveyed by said they knew within 10 minutes of talking on the phone if they had chemistry with an individual, without ever meeting face-to-face(1).