It looks like the clock has run out on Liberty if it wants to appeal the ruling it lost to IAC: according to IAC’s (NSDQ: IACI) just-filed 10-q, the appeal deadline is today, and so far it knows of no appeal having been filed. While this option has been open, it wasn’t particularly anticipated. Some other highlights:
— Ticketmaster: While revenue grew 15 percent during the quarter, the company acknowledged that much of this was due to acquisitions, including Paciloan and TicketsNow. As for its future strategy post-Live Nation: “Ticketmaster has taken steps to replace the revenue it expects to lose upon the expiration of its contract with Live Nation (NYSE: LYV), Inc. at the end of 2008. These include a number of discrete investments including new acquisitions, efforts to gain scale in the market for ticket resale services and adding resources into growth efforts internationally which come with up front costs.” The filing suggests that it will continue to invest in scaling the business.
— Acquisitions: Altogether, IAC spent $353.8 million net of cash on acquisitions, mainly on deals to bolster Ticketmaster. It also said it increased its level of long-term investment by $48.5 million due to its investment in The HealthCentral Network.
— New IAC: Most of this was on the call: revenue growth can be attributed to the new Google (NSDQ: GOOG) deal, though the filing claims that the expanded loss was due to the launch of RushmoreDrive.com and InstantAction.