Every material Form 8-K People filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
People Incorporated (NASDAQ: PPLI) reported third-quarter 2026 revenue of $430.8 million, down 4% from $447.1 million a year earlier, and a net loss attributable to shareholders of $687.5 million, or $9.15 per diluted share, versus a loss of $21.9 million, or $0.27 per share, in Q3 2025. The loss was driven mainly by a $1,119.9 million unrealized loss on its MGM Resorts investment, while the operating loss narrowed to $3.0 million from $27.2 million and Adjusted EBITDA was $54.8 million, down 1%.
Q3 2026 revenue was $430.8 million, down 4%; Digital revenue rose 2% to $288.5 million while Print revenue fell 16% to $127.6 million.
Net loss attributable to shareholders was $687.5 million, or $9.15 per diluted share, compared with $21.9 million, or $0.27 per share, in Q3 2025.
Full-year 2026 Total Adjusted EBITDA outlook is $263-$283 million, and the company had 12.5 million shares remaining under its repurchase authorizations as of October 30, 2026.
People Incorporated, Barry Diller and MGM Resorts International amended their April 3, 2026 Voting Agreement on October 27, 2026. The amendment caps People and Mr. Diller's combined MGM ownership at 29.9% of common stock, adds voting and anti-defense commitments, and clarifies when a change of control occurs.
Covered Entities may hold up to 29.9% of MGM's outstanding common stock, with exceptions for MGM-driven share reductions
Voting obligation applies above a 25.73% voting power threshold on non-change-of-control matters
MGM agreed not to adopt defensive measures primarily aimed at the Covered Entities, and a majority-stake acquisition by them is not a change of control unless the Board approves it
People Incorporated reported Q2 2026 revenue of $436.7 million, down 1% from a year earlier, and an operating loss of $14.3 million, wider than the $7.5 million loss in Q2 2025. Net earnings attributable to shareholders rose to $506.9 million, or $6.68 per diluted share, mainly because of a $721.7 million unrealized gain on its MGM Resorts stake. The company also named Neil Vogel as CEO and Timothy Quinn as CFO, effective August 5, 2026.
Revenue was $436.7 million, down 1% from $443.2 million in Q2 2025; Adjusted EBITDA rose 15% to $55.9 million.
Operating loss was $14.3 million, compared with $7.5 million in Q2 2025.
Net earnings attributable to shareholders were $506.9 million, or $6.68 per diluted share, versus $2.57 a year earlier, including a $721.7 million unrealized MGM gain.
Board approved 10 million additional share repurchases on June 16, 2026; 12.5 million shares remained under the authorization as of July 31, 2026.
On June 22, 2026, People entered a Voting Agreement with Barry Diller, Diane von Furstenberg and Alexander von Furstenberg, who have or may be deemed to have the right to direct voting of about 46.4% of People's outstanding voting power. The agreement requires shares above 48.5% of voting power to be voted in the same proportion as other stockholders, and the Board approved authorization to repurchase an additional 10 million shares, though People is not currently repurchasing shares.
Voting Agreement parties have or may be deemed to have voting control over about 46.4% of People's voting power; shares above 48.5% must vote proportionally with other holders.
The agreement terminates automatically if the parties and their affiliates own less than 30% of voting power or if a change of control occurs.
The Board authorized repurchase of an additional 10 million shares of People Common Stock; People is not currently conducting repurchases.
Christopher Currier was appointed Chief Accounting Officer effective June 16, 2026, succeeding Michael H. Schwerdtman, who retired.
IAC reported first-quarter 2026 results on May 4, 2026, with revenue down 12% to $422.9 million and an operating loss of $40.1 million, compared with operating income of $24.1 million a year earlier. The net loss attributable to shareholders narrowed to $71.9 million, or $0.94 per diluted share, from $216.8 million, or $2.64, with the filing tying the swing to a $34.0 million unrealized gain on its MGM Resorts stake versus a $324.3 million loss in Q1 2025. The company is also streamlining its structure around People Inc. and expects $40 million in annual run-rate operating expense savings, which shareholders should weigh against the weaker operating results.
Adjusted EBITDA was $2.7 million, down 93% from $36.4 million in Q1 2025; People Inc. Adjusted EBITDA was $43.5 million, down 46%.
Net loss attributable to IAC shareholders was $71.9 million, or $0.94 per diluted share, versus $216.8 million, or $2.64 per share, a year earlier.
Expected restructuring costs include $14 million in severance and related expenses, with $10 million recognized in Q1 2026, and $48 million in stock-based compensation expense.
Officers Christopher Halpin and Kendall Handler will depart in August; Neil Vogel is expected to become Chief Executive Officer after Q2 2026 earnings.
IAC Inc. said it will change its name to People Incorporated, with the change expected around its Q2 2026 earnings in August. It also started a plan to consolidate corporate functions with its People Inc. publishing business, expected to save about $40 million a year and cost about $63 million in total. The filing says Chief Financial Officer Christopher Halpin and Chief Legal Officer Kendall Handler will leave when the Q2 10-Q is filed, with Neil Vogel and Tim Quinn named to the CEO and CFO roles. The filing gives no Q1 2026 revenue or profit figures.
Plan to consolidate corporate functions with People Inc. through workforce reduction and technology integrations, to be completed by Q1 2027
Expected annual run-rate cost savings of about $40 million; total expected costs of about $63 million, including about $14 million severance and $48 million non-cash stock-based compensation
Christopher Halpin (EVP, COO and CFO) and Kendall Handler (EVP and Chief Legal Officer) to cease roles on filing of the Form 10-Q for the quarter ending June 30, 2026; Neil Vogel and Tim Quinn expected to become CEO and CFO
IAC Inc. reported fourth-quarter 2025 revenue of $646.0 million, down 10% from a year earlier, and an operating loss of $113.4 million, which included a $207.5 million non-cash goodwill impairment at Care.com. The net loss attributable to IAC shareholders narrowed to $76.8 million from $199.0 million, helped by an $118.5 million unrealized gain on its MGM Resorts stake. The company also said it will stop providing quarterly earnings guidance and gave full-year 2026 total Adjusted EBITDA guidance of $260 million to $335 million.
Q4 revenue was $646.0 million versus $721.4 million a year earlier; Search revenue fell 68% to $29.0 million.
Diluted loss per share was $0.99 versus $2.42 in Q4 2024.
People Inc. Digital revenue rose 14% to $354.8 million, its fastest growth in five quarters.
FY 2026 guidance includes total operating income of $95 million to $190 million; quarterly outlooks will no longer be provided.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every People filing is on SEC EDGAR ↗. 8-K briefs of other companies →