LondonSeptember 26-28, 2016
Register | Agenda| Exhibit
 
Miami January 26 - 27 2017
Register | Agenda| Exhibit
 
Los Angeles 2017

Register by
July 29
and save $1267!

It is currently Fri Jul 29, 2016 10:10 am


Dating Industry and Matchmaking Industry Forums

Business Message Board for the Dating, Online Personals, Social Dating, Mobile Dating, Dating Affiliate and Matchmaking Industry

All times are UTC




Bookmark This Topic   Delicious   Digg   Reddit   Furl   Facebook   Technorati

Post new topic Reply to topic  [ 1 post ] 
Author Message
PostPosted: Tue Oct 27, 2009 10:56 pm 
Offline
Active-iDate-User

Joined: Wed Jun 07, 2006 1:54 pm
Posts: 193
Location: New York
MERGER MARKET - Oct 26 - FriendFinder Networks, formerly known as Penthouse Media, filed for an IPO in December, anticipating $460m in proceeds to help pay off its debt. FriendFinder could look to sell off non-core pieces of its business that may be distracting to potential investors including GradFinder and Christian dating site BigChurch, online dating industry consultant Mark Brooks said. The company would likely keep its highly lucrative adult sites. Its adult social networking and live interactive video sites comprised 95% of the company’s revenue, as of six months ended 30 June 2008. FriendFinder’s international properties could also be spun out to a media company with more expertise in certain geographic markets, said Noel Biderman, CEO of Toronto-based Avid Life Media, the holding company of dating sites like HotOrNot and Ashley Madison. He pointed to IAC-owned Match which took a 27% stake in European dating operator Meetic in February, in exchange for Match’s European operations, as an industry example of this. In the case of FriendFinder, its Latino dating site Amigos has a strong membership base, and could be sold to an acquirer that can better grow and monetize the brand, Brooks noted. FriendFinder’s sites may fetch 7x to 8x EBITDA, Biderman said, using Match’s USD 80m acquisition of People Media in July as a comparable transaction.

MORE NEWS @ ONLINE PERSONALS WATCH[/url]

_________________
Mark Brooks
Editor, Online Personals Watch
mark@onlinepersonalswatch.com
USA: 212-444-1636, UK: 020 8133 1835


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group

phpBB SEO

iDate was mentioned in:


Boston Herald
BBC
San Francisco Chronicle
PC World
MTV News
Washington Post
NPR (National Public Radio)
Los Angeles Business Journal

FUTURE ONLINE DATING CONFERENCES


Copyright © 2003-2016 Internet Business Conferences LTD All Rights Reserved
Questions? Telephone: +1 (212) 722 1744 X 71

  • Furl
  • Digg
  • Facebook
  • Technorati
  • Delicious
  • facebook
  • friendfeed
  • linkedIn