Ask Jeeves helped narrow the operating loss in the media and advertising business to $900,000 from $12 million. Sales jumped 958% to $83.5 million. Sales at Ask Jeeves rose 15%.
More from the IAC news release:
Ask Jeeves? properties increased their share of U.S. search queries to 6.4% in September (source: comScore). Ask Jeeves? decision to significantly reduce the number of sponsored search results on its site is believed to have enhanced the search experience for users...For the full quarter, as compared to its prior year period, Ask Jeeves increased revenue by 15%.
Finally, this Clickz article has a few comments from IAC CEO, Barry Diller:
"There's a symbiosis that's natural between a search engine and these fantastic vertical services," Diller said. "As you integrate these into search results, you give consumers a better value-add than they can get anywhere else. It's that differentiation that will allow us to grow share."
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!