The OPW/iDate Weekly News Summary.
- Attend the Mobile Dating Conference: http://www.internetdatingconference.com
- June 5-6 in Beverly Hills (Video review : http://youtu.be/awXZE03i-i0
- September 8-9 in Cologne Germany
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php
:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS ~:
Match.com Q1 2014 Results - Revenue Up 9%
PR NEWSWIRE - Apr 30 - The Match Group revenue increased 9% YOY ($212.2M), as paid subscribers grew 10% to 3.5M globally. Profits declined despite higher revenue primarily due to a significant increase in marketing expenses.http://www.onlinepersonalswatch.com/new ... -up-9.html
Zoosk In Numbers
SEEKING ALPHA - May 1 - Zoosk has encouraging financials. Its 2013 revenue was $178.2M, up 63% from 2012. Its loss narrowed sharply to $2.6M in 2013 from $20.7M a year earlier. At 168 employees, revenue per employee is ~$1M. Zoosk was founded in 2007, and has attracted ~$60M in VC backing. About half of Zoosk's users are outside the U.S. It has ~26M members, including 650K subscribers.http://www.onlinepersonalswatch.com/new ... mbers.html
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HowAboutWe Launches You&Me Messaging App For Couples
TECH CRUNCH - May 1 - You&Me and is the first standalone project out of the company. Users have a whole set of options for the type of messages they can send their partners. There are standard photo, text, and video messages, as well as the ability to send voice memos and their favorite song. The You&Me app is free and available now in the App Store.http://www.onlinepersonalswatch.com/new ... uples.html
eHarmony CEO Talks About eH+ And New Job Service
FOX BUSINESS - Apr 29 - CEO of eHarmony, Dr. Neil Clark Warren, spoke with Fox about their new premium matchmaking services, eH+, and plans for its job service. eHarmony has now 762K paying members, up 50% YOY. Dr. Warren did not disclose how many people had signed up for eH+ but said the service had a great response since its launch in January 1st, 2014. eHarmony is also trying to match people with the right job and is expanding into "LinkedIn" business. "65-75% people in US are not happy with their job. They can be if they get match on both the cultural basis with the company they work for and on individual personality basis with the person to whom they report," he said.http://www.onlinepersonalswatch.com/new ... rvice.html
Dating sites make millions each year from running their casually oriented dating traffic to Fling.
for special treatment.
IAC To Grab 27% Of US Online Dating Market In 2014
INVESTORS.COM - Apr 28 - IAC is expected to grab 27% of the estimated $2.2B market for U.S. dating services in 2014, according to a new IBISWorld report. Online dating account for 49% of the U.S. dating service industry, followed by mobile dating (26%), matchmakers (14%) and singles events (7%). Match revenue is predicted to rise 11.5% to $605M this year. eHarmony is forecast to have U.S. revenue of $310M this year, up 6.9%. Zoosk will generate $114M. IBISWorld expects the U.S. dating service industry to grow at an annual rate of 4.2% from 2014 through 2019.http://www.onlinepersonalswatch.com/new ... -2014.html
Gay Social Network "Hornet" Attracts 3M Users
SAN FRANCISCO BUSINESS TIMES - Apr 26 - Hornet, the gay dating app that launched in 2011, has attracted 3M users and that number is growing 20% month a month. In addition to the US, it is very popular in Brazil, France, Russia and Turkey. The app raised $2M. It makes money with advertising and by selling premium accounts.http://www.onlinepersonalswatch.com/new ... users.html
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Spark Networks: Proxy Fight Scheduled For June 18th
SEEKING APLHA - Apr 25 - Spark Networks' management is finally changing its practices, as the largest stockholder just turned activist. JDate is highly profitable, but not growing. ChristianMingle is growing rapidly, but bleeding money. The largest stockholder is Osmium Partners, which is run by the activist investor, John Lewis. Osmium owns 14.1% of the company. Spark Networks' management's success is being debated publicly. CEO Gregory Liberman served as President from 2006 and as CEO since 2011. John Lewis complains about the excessive pay of executive officers. Mr Liberman made $1,471,737 in 2012 and $900,015 in 2011. The pay of $825,000 in 2012 in stock options is especially disturbing, given that he is overseeing a non-profitable small capitalization company. The proxy fight will reach its peak in the Annual Meeting of Stockholders scheduled on June 18, 2014. Whether Osmium wins or loses the board seats, the process serves to wake up the executive management and the board, mandating them to take actions for the benefit of shareholders.http://www.onlinepersonalswatch.com/new ... -18th.html
LinkedUp Is Like Tinder On LinkedIn
TELEGRAPH.CO.UK - Apr 25 - LinkedUp dating app connects people with their LinkedIn profile. The app works like Tinder; users swipe left to reject and right to indicate interest. Messages can only be exchanged if both parties are interested in each other.http://www.onlinepersonalswatch.com/new ... kedin.html
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The OPW/iDate Dating Business Insider is first and the largest weekly news summary
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:~ UPCOMING INTERNET DATING & DATING INDUSTRY CONFERENCES ~:
June 5-6, 2014 : Beverly Hillshttp://www.internetdatingconference.com ... a-2014.php
September 8-9, 2014 : Cologne Germanyhttp://www.internetdatingconference.com ... e-2014.php
:~ TWITTER ~:
Online Personals Watch newsfeed: http://twitter.com/internet_dating
iDate events and updates: http://twitter.com/idateconference
The business conference for the dating industry @ InternetDatingConference.com
Industry Message Boards @ mb.InternetDatingConference.com
Conference Organiser, Marc Lesnick, email@example.com
Online Personals Watch, www.onlinepersonalswatch.com
Editor: Mark Brooks, firstname.lastname@example.org