Quote:
Originally Posted by Paul Markham
Banks running a porn company, makes that script idea by ADG even juicier.
My take on this whole thing is that it proves traffic is not king, selling the traffic something is. And what ever you're selling it had better be worth the price and worth buying again if you want to stay in business. Selling somebody a faulty, low value and poor product makes them reluctant to buy again. No matter how many people you send to see that product.
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WTF are you talking about? They are selling plenty. Last time I checked, AFF had nearly 1MM users paying $19 a month, which equates to roughly $180MM in the first 9 months, with operating income of $17MM (dragged down by Penthouse's losses.) That interest and other expenses stems from Penthouse and most likely from that $414MM of debt. If Andrew and Lars didn't sell, guess how much of that $414MM of debt they would have.
Also, you can talk all you want about selling customers good products, but guess what. These are adult websites. This isn't Comcast or Sprint. It's a monthly, subscription based, adult website. Could you maybe give me a list of other adult entities that net $20-30MM a year?
You, and many others, need to start reading. If you did, you'd see that all those numbers don't include solely AFF.