Originally filed in late July, CoStar’s lawsuit accuses Zillow of “rampant” copyright infringement of listing photos. The complaint claims that Zillow’s unauthorized use of CoStar images amounts to one of the largest... Read more »
CoStar responded Wednesday by calling the allegations “highly misleading” and questioned D.E. Shaw’s motivations, noting the investor holds significant stakes in direct competitors. “If D. E. Shaw is worried about transparency, it... Read more »
“Under the leadership of CEO Andy Florance, CoStar has continued to dedicate disproportionate attention and resources to its unprofitable Homes.com business. This continued investment, despite repeated failures to meet projections, has eroded... Read more »
Roughly a year after calling on CoStar Group to embark on a journey of “meaningful self-help,” the firm’s activist investors at Third Point Investors Ltd are back again pushing the Andy Florance-helmed... Read more »