Interactive Corp. reported an 18 percent second quarter 2009 year over year income gain on today’s earnings call, to $1.6 billion. However, IAC search and media (including Ask.com) accounted for half that increase, which IAC had not owned this time last year. HSC Germany sales declined 17 percent in the quarter.

Personals revenue grew 28 percent. Match.com increased paid members by 15 percent year over year at the end of June. Internationally, Match.com has entered an agreement with Yahoo! to power the Yahoo!’s personal service in the U.K. and Germany over a multi-year period. 

TicketMaster’s strong momentum continued in Q2, selling more than 30 million tickets for the third consecutive quarter, and achieving all-time 14 percent gain in revenue, profits, and online penetration. Its sports ticket exchange increased sales by 86 percent. 

“Ticketing has been an outstanding performer,” said President and COO Doug Lebda, on the earnings call. “What is really amazing is how this 30-year old business with its solid market position just continues to innovate, expand, and consistently renew and add clients…Just last week, TicketMaster announced its entry into Spain, one of the top-five ticketing markets in Europe, with the acquisition of “Tic Tac Ticket”, which works with more than 400 event organizers across the Spanish market.”

Not surprisingly, real estate products such as Lending Tree and RealEstate.com saw heavy declines. ” In real estate, we believe that our new e-brokerage business can give us a distinct advantage in penetrating this massive market opportunity,” said Lebda. “With more than 130 agents on board in Portland, Denver, Seattle, and Salt Lake City, and over 270 real estate contracts signed with consumers over the past few months, we have real traction. We are also in the process of overhauling realestate.com, which is intended to accelerate the site’s evolution from primarily a lead generator to one that is consumer friendly, listing-centric, and feature rich.” RealEstate.com now has 1.9 million listings, up from last year’s 1.3 million. This represents three fourths of the listings in the top 75 U.S. markets.

Barry Diller, IAC Chair and CEO,  spoke of what’s ahead for HSN (Home Shopping Network.) “It is early days. I think we have two experiments going in what you would call interactive TV,” he said. “ I think that is probably the next..step before you get really rich archival retrieval and appointment viewing and things like that. Inevitably, of course, it is going to happen, as the data possibilities grow, there is no question but the video is going to be easily retrievable and you will be able to get exactly what you want when you want it from a whole array of things, all with video and instructions and all the stuff that home shopping has been known for historically.

“In ITV…which is with Cablevision, the idea is that you essentially, on a big screen, just like you are watching today, you like a product, you point and click and it is delivered to you within the next day or so. You do not have to phone order, you do not have to do anything. It is I think the most natural evolution.

 While there were profit ups and downs in the various categories of IAC products, the message was hopeful. “Whatever comes of this economy and its hopes and risks, our mix of businesses, our steady progress, and our strong balance sheet ought to see us better than through,” said Diller.

The call transcript for this report was provided by SeekingAlpha.