IAC CEO Joey Levin on Media Merger Mania: I'm Happy to See it Happening
IAC CEO Joey Levin tells Cheddar's Alex Heath that he's encouraged by the fact that traditional media companies are looking for ways to compete with Netflix and Amazon. He also discusses whether IAC would look at buying Groupon or the Gizmodo Media Group.
For full interview, [click here](https://cheddar.com/videos/iac-ceo-joey-levin-talks-hinge-dating-app-acquisition).
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.