<Page> Exhibit 99.2 USA Interactive Pro Forma Segment Results $ in millions; rounding differences may exist. Unaudited. <Table> <Caption> REVENUE 1999 2000 2001 ---------- ---------- ------------------------------------------------------------ YE 12/31 YE 12/31 Q1 Q2 Q3 Q4 YE 12/31 ---------- ---------- -------- -------- -------- ---------- ---------- Operating Businesses HSN - U.S. $ 1,332.9 $ 1,527.0 $ 349.2 $ 356.5 $ 374.8 $ 469.4 $ 1,550.0 Ticketing 442.7 518.6 150.1 163.9 133.9 131.8 579.7 Hotels.com 161.8 328.0 105.3 138.3 151.2 141.7 536.5 Expedia 73.0 156.7 57.2 78.5 79.5 81.8 296.9 Precision Response 215.9 282.1 80.7 75.6 72.6 69.8 298.7 Match.com 9.0 29.2 8.5 10.7 12.5 17.6 49.2 ---------- ---------- -------- -------- -------- ---------- ---------- Sub-total 2,235.4 2,841.5 751.1 823.5 824.5 911.9 3,311.0 Emerging Businesses Citysearch and related 27.3 50.8 12.4 12.4 11.1 10.3 46.1 International TV shopping and other 175.7 281.0 83.4 87.7 66.1 82.2 319.4 ECS/Styleclick 55.4 48.5 8.6 7.8 5.4 12.4 34.2 ---------- ---------- -------- -------- -------- ---------- ---------- Sub-total 258.4 380.3 104.4 107.9 82.6 104.9 399.8 ---------- ---------- -------- -------- -------- ---------- ---------- Non-recurring items 6.9 - - - - - - Foreign exchange conversion - (35.3) (13.7) (13.8) (9.1) (10.2) (46.9) HSN Disengagement - 6.2 36.2 25.3 21.6 25.9 109.0 Intersegment Elimination - - - (2.6) (2.3) (2.2) (7.1) ---------- ---------- -------- -------- -------- ---------- ---------- Total $ 2,500.7 $ 3,192.8 $ 877.9 $ 940.3 $ 917.3 $ 1,030.3 $ 3,765.8 ========== ========== ======== ======== ======== ========== ========== </Table> <Table> <Caption> 2002 ------------------------------------------------------------------ Q1 Q2 Q3 Q4 YE 6/30 ---------- ---------- ---------- ---------- ---------- Operating Businesses HSN - U.S. $ 396.2 $ 376.1 $ 772.3 Ticketing 153.4 175.4 328.8 Hotels.com 165.7 229.7 395.4 Expedia 116.0 142.7 258.7 Precision Response 70.1 72.1 142.2 Match.com 25.3 29.5 54.8 ---------- ---------- ---------- ---------- ---------- Sub-total 926.6 1,025.6 1,952.3 Emerging Businesses Citysearch and related 7.3 7.6 14.9 International TV shopping and other 81.5 87.8 169.4 ECS/Styleclick 12.1 10.4 22.5 ---------- ---------- ---------- ---------- ---------- Sub-total 100.9 105.8 206.7 ---------- ---------- ---------- ---------- ---------- Non-recurring items - - 0.0 Foreign exchange conversion (16.5) (10.1) (26.7) HSN Disengagement (0.9) (0.9) (1.8) Intersegment Elimination (3.0) (2.6) (5.6) ---------- ---------- ---------- ---------- ---------- Total $ 1,007.1 $ 1,117.8 $ 2,124.9 ========== ========== ========== ========== ========== </Table> The financial, statistical and other information contained herein is unaudited. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> <Table> <Caption> ADJUSTED EBITDA 1999 2000 2001 ------- -------- ----------------------------------------------------------- YE 12/31 YE 12/31 Q1 Q2 Q3 Q4 YE 12/31 -------- -------- ------ ------- ------ ------- -------- OPERATING BUSINESSES HSN - U.S. $ 214.7 $ 229.6 $ 45.7 $ 51.7 $ 45.9 $ 72.1 $ 215.4 Ticketing 93.3 100.0 30.2 35.5 19.0 21.5 106.2 Hotels.com 24.2 52.6 15.8 21.0 21.8 22.9 81.5 Expedia (44.3) (38.8) 4.5 17.7 16.4 22.2 60.9 Precision Response 30.4 44.6 10.0 10.2 7.9 6.2 34.3 Match.com (0.4) 6.3 0.3 2.8 5.8 7.6 16.5 Corporate and other (36.1) (29.9) (7.9) (8.2) (8.1) (7.0) (31.2) ------- ------- ------ ------- ------ ------- ------- SUB-TOTAL 281.7 364.5 98.6 130.8 108.7 145.4 483.6 Emerging Businesses Citysearch and related (60.4) (63.9) (11.8) (11.0) (10.8) (9.9) (43.4) International TV shopping and other 11.8 14.7 (0.8) (1.6) (12.4) (7.7) (22.6) ECS/Styleclick (56.0) (71.2) (16.9) (14.5) (14.4) (7.8) (53.6) ------- ------- ------ ------- ------ ------- ------- Sub-total (104.6) (120.4) (29.4) (27.1) (37.6) (25.4) (119.6) Foreign exchange conversion - (3.9) (0.9) (1.0) 0.9 (0.2) (1.2) HSN Disengagement - 0.9 6.0 3.5 3.0 3.6 16.1 ------- ------- ------ ------- ------ ------- ------- TOTAL $ 177.0 $ 241.0 $ 74.3 $ 106.2 $ 75.0 $ 123.4 $ 378.9 ======= ======= ====== ======= ====== ======= ======= Non recurring items - (4.7) - (4.8) (12.3) (3.1) (20.1) ------- ------- ------ ------- ------ ------- ------- ADJUSTED EBITDA- LESS NON-RECURRING ITEMS $ 177.0 $ 236.3 $ 74.3 $ 101.5 $ 62.7 $ 120.3 $ 358.8 ======= ======= ====== ======= ====== ======= ======= </Table> <Table> <Caption> Adjusted EBITDA 2002 ---------------------------------------------------------------------- Q1 Q2 Q3 Q4 YE 6/30 ------- ------- ------- ------- ------- OPERATING BUSINESSES HSN - U.S. $ 57.7 $ 62.6 $ 120.3 Ticketing 33.7 43.7 77.4 Hotels.com 25.8 32.9 58.6 Expedia 34.5 43.3 77.8 Precision Response 5.7 8.1 13.8 Match.com 6.9 9.7 16.6 Corporate and other (8.7) (9.9) (18.6) ------- ------- ------- ------- ------- SUB-TOTAL 155.6 190.4 346.0 EMERGING BUSINESSES Citysearch and related (10.7) (8.6) (19.3) International TV shopping and other (8.5) (6.1) (14.6) ECS/Styleclick (4.6) (6.2) (10.7) ------- ------- ------- ------- ------- SUB-TOTAL (23.8) (20.9) (44.6) Foreign exchange conversion (0.3) (0.2) (0.5) HSN Disengagement 0.0 0.0 0.0 ------- ------- ------- ------- ------- TOTAL $ 131.6 $ 169.3 $ 300.9 ======= ======= ======= ======= ======= Non recurring items 0.0 (44.4) (44.4) ------- ------- ------- ------- ------- ADJUSTED EBITDA- LESS NON-RECURRING ITEMS $ 131.6 $ 124.9 $ 256.5 ======= ======= ======= ======= ======= </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 24, 2002. <Page> USA INTERACTIVE ACTUAL RESULTS OF OPERATIONS (AS REPORTED) $ IN MILLIONS; ROUNDING DIFFERENCES MAY EXIST. UNAUDITED. <Table> <Caption> P&L 1999 2000 2001 -------- --------- ------------------------------------------------------ YE 12/31(1) YE 12/31(1) Q1(1) Q2 Q3(1) Q4(1) YE 12/31(1) -------- --------- -------- ------ -------- -------- -------- Date Reported: 02/01/01 01/29/02 04/24/02 07/24/02 10/24/01 01/29/02 01/29/02 Revenues, net 3,371.7 4,596.2 1,312.8 940.3 1,255.8 1,346.5 4,855.4 Operating costs and expenses: Costs related to revenues 1,995.9 2,757.9 799.8 597.9 746.3 831.3 2,975.4 Other costs and expenses 754.7 1,027.6 282.5 236.2 312.4 298.3 1,129.4 Amort. of non-cash distribution and marketing expense 0.0 11.7 8.0 10.6 5.2 6.5 30.3 Depreciation and other amortization 98.5 174.7 65.8 84.4 51.2 63.4 264.9 Amortization of goodwill 252.7 568.0 0.0 0.0 103.0 100.8 203.7 Non-recurring items 0.0 0.0 0.0 10.6 0.0 0.0 0.0 -------- --------- -------- ------ -------- -------- -------- Total operating costs 3,101.8 4,539.8 1,156.2 939.7 1,218.1 1,300.4 5,854.0 -------- --------- -------- ------ -------- -------- -------- Operating income 269.9 56.3 156.6 0.6 37.7 46.1 241.0 Interest expense, net (48.5) (34.2) (11.4) 19.8 (10.1) (14.0) (15.7) Gain on sale of securities 89.7 0.0 0.0 0.0 0.0 0.0 0.0 Other, net 5.8 49.3 (6.5) (5.9) (12.9) (26.4) (51.8) -------- --------- -------- ------ -------- -------- -------- 46.9 15.1 (17.9) 13.9 (23.1) (40.4) (67.6) -------- --------- -------- ------ -------- -------- -------- Earnings before income taxes and minority interest 316.9 71.4 138.6 14.5 14.6 5.7 173.5 Income tax expense (103.1) (112.9) (33.7) (13.5) (21.9) (37.7) (106.9) Minority interest (197.3) (47.1) (79.1) 3.3 (33.2) (25.0) (133.9) -------- --------- -------- ------ -------- -------- -------- Net earnings/(loss) from continuing operations 16.5 (88.6) 25.8 4.2 (40.4) (56.9) (67.3) ======== ========= ======== ====== ======== ======== ======== Preferred dividend 0.0 0.0 0.0 (3.3) 0.0 0.0 0.0 -------- --------- -------- ------ -------- -------- -------- Net earnings available to common shareholders 16.5 (88.6) 25.8 1.0 (40.4) (56.9) (67.3) ======== ========= ======== ====== ======== ======== ======== Weighted average diluted shares 367.9 359.7 396.9 463.1 376.4 377.1 374.1 ======== ========= ======== ====== ======== ======== ======== Weighted average fully converted shares 721.0 747.4 758.0 737.6 760.9 765.3 ======== ========= ======== ====== ======== ======== ======== Basic earnings per share $ .05 $ (.25) $ (.11) $ (.15) $ (.34) ======== ========= ======== ====== ======== ======== ======== Diluted earnings per share $ .04 $ .07 $ .00 $ (.08) ======== ========= ======== ====== ======== ======== ======== ADJUSTED EBITDA 621.1 810.7 230.4 101.4 197.1 216.8 745.8 ======== ========= ======== ====== ======== ======== ======== Excluding one-time charges and non-operating gains: Basic and diluted earnings per share $ (.01) $ (.25) $ .01 $ (.08) $ (.13) $ (.34) ======== ========= ======== ====== ======== ======== ======== Cash net income earnings per share $(.14) $ .13 $ .05 $ .13 $ .04 $ .40 ======== ========= ======== ====== ======== ======== ======== </Table> <Table> <Caption> 2002 ---------------------------------------------------------------------- Q1 (1) Q2 Q3 Q4 YE 12/31 -------- --------- -------- ------ -------- Date Reported: 04/24/02 07/24/02 Revenues, net 1,372.6 1,117.8 Operating costs and expenses: Costs related to revenues 822.5 681.9 Other costs and expenses 316.4 267.5 Amort. of non-cash distribution and marketing expense 7.0 10.1 Depreciation and other amortization 90.3 93.5 Amortization of goodwill 0.0 0.0 Non-recurring items 0.0 158.7 -------- -------- -------- -------- -------- Total operating costs 1,236.1 1,211.7 -------- -------- -------- -------- -------- Operating income 136.4 (93.9) Interest expense, net (11.8) 28.6 Gain on sale of securities 0.0 0.0 Other, net (12.1) (13.4) -------- -------- -------- -------- -------- (23.9) 15.2 -------- -------- -------- -------- -------- Earnings before income taxes and minority interest 112.6 (78.8) Income tax expense (32.2) (14.6) Minority interest (54.5) (9.7) -------- -------- -------- -------- -------- Net earnings/(loss) from continuing operations 25.9 (103.1) ======== ======== ======== ======== ======== Preferred dividend (2.0) (3.3) -------- -------- -------- -------- -------- Net earnings available to common shareholders 23.9 (106.4) ======== ======== ======== ======== ======== Weighted average diluted shares 422.0 472.3 ======== ======== ======== ======== ======== Weighted average fully converted shares 783.1 ======== ======== ======== ======== ======== Basic earnings per share ======== ======== ======== ======== ======== Diluted earnings per share $ .05 $ (.26) ======== ======== ======== ======== ======== ADJUSTED EBITDA 234.6 124.9 ======== ======== ======== ======== ======== Excluding one-time charges and non-operating gains: Basic and diluted earnings per share $ .03 ======== ======== ======== ======== ======== Cash net income earnings per share $ .08 $ .10 ======== ======== ======== ======== ======== </Table> (1) Previously reported data is not adjusted to reflect the sale of entertainment assets to Vivendi Universal as discontinued operations. THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> USA INTERACTIVE OPERATING METRICS IN MILLIONS EXCEPT PER UNIT <Table> <Caption> 1999 2000 2001 ------ --------- ----------------------------------------------------- YE YE Q1 Q2 Q3 Q4 YE ------ --------- --------- --------- --------- --------- --------- HSN- US Units shipped 32.1 35.2 8.6 9.0 9.5 11.4 38.5 Gross profit % 34.3% 34.9% 33.5% 34.5% 34.3% 33.9% 34.0% Return rate 20.3% 19.6% 19.6% 19.6% 19.0% 17.9% 19.0% Product mix:* Home Licensing N/A N/A 37% 35% 36% 41% 38% Home Fashions N/A N/A 4% 4% 5% 5% 4% Jewelry N/A N/A 26% 26% 25% 25% 25% Health/Beauty N/A N/A 19% 22% 20% 17% 19% Apparel/Accessories N/A N/A 14% 13% 14% 12% 13% Average Price Point N/A $47.82 $ 50.06 $ 47.36 $ 46.21 $ 47.36 $ 47.69 HSN cable / DBS HH (end of period) 60.6 65.9 68.4 69.5 71.5 73.4 73.4 HSN total HH (end of period) 73.7 77.1 80.2 81.1 82.8 83.0 83.0 America's Store FTE's (end of period) 8.3 8.6 8.3 10.6 11.0 12.3 12.3 </Table> <Table> <Caption> 2002 --------------------------------------------------------------- Q1 Q2 Q3 Q4 YE ------- ------- ------- ------- ------- HSN- US Units shipped 9.6 9.3 Gross profit % 35.5% 38.4% Return rate 19.0% 18.8% Product mix:* Home Licensing 32% 28% Home Fashions 7% 6% Jewelry 24% 26% Health/Beauty 24% 24% Apparel/Accessories 13% 16% Average Price Point $45.41 $ 44.18 HSN cable / DBS HH (end of period) 72.6 74.9 HSN total HH (end of period) 74.9 77.1 America's Store FTE's (end of period) 10.2 11.1 </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. * In Q1 2002, HSN reclassfied certain items in its product mix. As such, wellness, ingestibles, and fitness categories were moved out of the Home Goods category and into the Health & Beauty category. Product Mix for 1999 and 2000 assuming reclassification not available. Home Licensing includes electronics, computers, and other licensed homegoods. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> USA INTERACTIVE OPERATING METRICS IN MILLIONS EXCEPT PER TICKET <Table> <Caption> 1999 2000 2001 2002 ------ ------ ----------------------------------------- --------------------------------- YE YE Q1 Q2 Q3 Q4 YE Q1 Q2 Q3 Q4 YE ------ ------ ---- ------ ---- ---- ------ ---- ------ ----- ----- --- TICKETING Number of tickets sold 75.0 83.0 23.6 23.6 19.3 20.3 86.8 23.9 24.3 Gross value of tickets sold $2,781 $3,256 $937 $1,016 $788 $870 $3,611 $997 $1,144 Share of tickets sold online 13.4% 24.5% 29.5% 33.2% 31.9% 33.9% 32.1% 37.8% 43.0% Revenue per ticket $ 5.25 $5.71 $5.96 $6.29 $ 6.20 $ 6.00 $ 6.11 $5.97 $6.72 </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> USA INTERACTIVE OPERATING METRICS IN THOUSANDS <Table> <Caption> ---------- ---------------------------------------------------------- 2000 2001 ---------- ---------------------------------------------------------- YE Q1 Q2 Q3 Q4 YE ---------- ---------------------------------------------------------- MATCH.COM Paid subscribers 156.9 189.5 216.6 252.7 382.2 382.2 New registrations 1,135.6 1,054.7 1,059.5 1,216.0 2,304.0 5,634.3 New subscriptions (first time only) 399.5 121.7 134.8 154.2 260.4 671.0 Conversion rate (Reg to Subs) 35.2% 11.5% 12.7% 12.7% 11.3% 11.9% </Table> <Table> <Caption> -------------------------------------------------------- 2002 -------------------------------------------------------- Q1 Q2 Q3 Q4 YE -------------------------------------------------------- MATCH.COM Paid subscribers 527.7 604.2 New registrations 2,911.7 3,284.5 New subscriptions (first time only) 342.4 313.2 Conversion rate (Reg to Subs) 11.8% 9.5% </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> USA Interactive Operating Metrics <Table> <Caption> -------- ----------- ----------------------------------------------------------- 1999 2000 2001 -------- ----------- ----------------------------------------------------------- YE YE Q1 Q2 Q3 Q4 YE -------- ------------- ----------------------------------------------------------- HOTELS.COM Hotel room nights sold (thousands) 1,229 2,433 799 1,030 1,227 1,187 4,243 Average Daily Rate N/A $131.70 $124.35 $129.65 $120.30 $112.40 $121.10 Affiliates (including TravelNow) N/A 16,200 18,649 20,857 22,793 23,808 23,808 Properties 1,500 2,600 3,084 3,374 3,890 4,567 4,567 Cities served 40 97 135 146 171 178 178 </Table> <Table> <Caption> --------------------------------------------------------------------- 2002 --------------------------------------------------------------------- Q1 Q2 Q3 Q4 YE --------------------------------------------------------------------- HOTELS.COM Hotel room nights sold (thousands) 1,408 1,883 Average Daily Rate $115.70 $118.95 Affiliates (including TravelNow) 25,755 28,340 Properties 6,058 6,467 Cities served 218 243 </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002 <Page> USA INTERACTIVE OPERATING METRICS IN THOUSANDS <Table> <Caption> ------------ ------------------------------------------------------------ 2000 2001 ------------ ------------------------------------------------------------ YE Q1 Q2 Q3 Q4 YE ------------ ------------------------------------------------------------ EXPEDIA Total gross bookings (a) $1,793,000 $674,000 $802,000 $723,000 $704,000 $2,903,000 Total transactions (b) 4,832 1,780 2,241 2,222 2,229 8,472 Average monthly Media Metrix reach (c) N/A 6,969 7,502 9,410 9,238 N/A Expedia.com conversion (d) N/A 5.7% 7.0% 5.5% 5.2% N/A Expedia new purchasing customers (e) 1,769 671 904 918 870 3,363 Expedia cumulative purchasing customers (f) 8,843 3,603 4,507 5,424 6,294 19,828 Expedia quarterly unique purchasing customers (g) 2,741 1,007 1,336 1,393 1,383 5,119 </Table> <Table> <Caption> -------------------------------------------------------------------------- 2002 -------------------------------------------------------------------------- Q1 Q2 Q3 Q4 YE -------------------------------------------------------------------------- EXPEDIA Total gross bookings (a) $1,107,000 $1,333,000 Total transactions (b) 3,045 3,681 Average monthly Media Metrix reach (c) 11,242 12,161 Expedia.com conversion (d) 5.8% 6.3% Expedia new purchasing customers (e) 1,316 1,529 Expedia cumulative purchasing customers (f) 7,610 9,139 Expedia quarterly unique purchasing customers (g) 1,874 2,217 </Table> (a) Gross bookings represents the total value of travel booked through the Expedia, VacationSpot, and WWTE sites. (b) Transactions represents the number of reservations and purchases transacted through the Expedia and WWTE sites. (c) Average monthly Media Metrix reach represents the unduplicated reach for the Expedia and VacationSpot sites. (d) Conversion represents the monthly average Expedia.com unique monthly purchasers divided by the monthly average Media Metrix reach for the Expedia.com site. (e) Expedia new purchasing customers represents the number of new customers transacting through the Expedia sites in a quarter. (f) Expedia cumulative purchasing customers represents the cumulative number of customers that have ever transacted through the Expedia sites as of the end of a quarter. (g) Expedia quarterly unique purchasing customers represents the number of unique customers transacting through the Expedia sites over the course of a quarter. THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002. <Page> USA INTERACTIVE OPERATING METRICS IN MILLIONS <Table> <Caption> CAPITALIZATION (as of 7/15/02) Ticker (NASDAQ) USAI SHARES OUTSTANDING (MILLIONS) (a): USA Common Stock 383.6 USA Class B 64.6 --------------- Total Shares Outstanding 448.3 Estimated dilutive options and warrants (treasury method) 25.2 --------------- Fully diluted shares 473.4 =============== MARKET CAPITALIZATION (billions): Outstanding equity capitalization $10.7 Fully diluted equity capitalization $11.2 Attributable Cash (b) $3.2 Securities in VUE (c) 2.1 Debt and Preferred Stock (1.2) --------------- Net Attributable Cash and Securities 4.0 =============== </Table> (a) Fully diluted shares includes treasury method options and warrants and other dilutive securities, and includes Vivendi's remaining 56.6 million shares that may be delivered to USA in connection with USA's Series B preferred interest in VUE. (b) Includes attributable cash from USA's public subsidiaries, based on the Q2 weighted average of USA's fully diluted, treasury method ownership in public subsidiaries, which was 66% for Ticketmaster, 67% for Hotels.com and 55% for Expedia. Excludes cash due to clients at Ticketmaster. Consolidated cash is $3.5 billion as of June 30, 2002. (c) Includes securities issued to USA in the Vivendi transaction, as follows: Class A and Class B preferred interests and 5.4% common interest in Vivendi Universal Entertainment ("VUE") at balance sheet carrying values, less the estimated present value of taxes on the above securities. <Table> <Caption> Shares % of Shares % of Fully Owned Outstanding Diluted Shares -------------- ---------------- ------------------- Ticketmaster (NASDAQ: TMCS) 95.8 67% 66% Hotels.com (NASDAQ: ROOM) 39.0 68% 67% Expedia (NASDAQ: EXPE) 35.4 62% 55% </Table> THE FINANCIAL, STATISTICAL AND OTHER INFORMATION CONTAINED HEREIN IS UNAUDITED. As filed with the Securities and Exchange Commission on July 24, 2002. <Table> <Caption> BUSINESS MIX / GROSS TRANSACTION VALUE Revenue sources (Q2 '02): Merchandise 40% Online travel/hotel rooms 34% Ticketing 16% Teleservices / ECS 7% Personals 3% -------------- Commerce 100% ============== Interactive (online and TV) (% of total) 84% International (% of total) 13% </Table>