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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Tube groupie.
Industry Role:
Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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Webcams and Brazzers sold to Virage Media for 140m
Or that is what I hear...
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#2 |
So Fucking Lame
Industry Role:
Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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http://www.gfy.com/fucking-around-and-business-discussion/958211-brazzzers-sold.html
I guess its running rampant now. |
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#3 |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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bob rice if hes out there scanning let us know if its true
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#4 | |
Tube groupie.
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Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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Quote:
I win. |
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#5 |
Tube groupie.
Industry Role:
Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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As I understand it, Virage owns the whole kit and kaboodle Mansef wise tubes, dating, porn...the whole 9.
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#6 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 23,400
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I need to start my own thread about Brazzers being sold too
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i like waffles |
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#7 |
Too lazy to set a custom title
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Join Date: Sep 2002
Posts: 34,431
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if this turns out to be true it doesn't mean the US government's or TopBuck's lawsuits are going away. not sure how the TopBucks lawsuit would affect a new owner, the lawsuit is against the parent company.
i'd rather have webcams.com than Brazzers, too much legal liability with the tube sites and Brazzers paysite operation is expensive and so dependent on spending that same money and keeping a production staff in place that maintains the quality. we've seen major paysite programs who have lost their mojo for various reasons. webcams.com is more predictable. better get that money in cash - look at Lars, Penthouse paid 500 million for AFF/Cams and it's almost all still owing to them without Penthouse having a way to pay it.
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I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
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#8 |
Tube groupie.
Industry Role:
Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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Get some facts then.
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#9 |
Tube groupie.
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Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
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I'm no lawyer but I believe the liability is transferred.
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#10 | |
Confirmed User
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Join Date: Nov 2002
Location: San Francisco
Posts: 5,653
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Quote:
But I'm not a lawyer, nor do I play one on GFY. |
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#11 |
So Fucking Lame
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Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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#12 |
So Fucking Lame
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Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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So what's all of this liability not being transferred?
Part of any acquisition is due diligence including sniffing out existing and even potential lawsuits so that you do not end up assuming unknown liabilities. Perhaps things have changed or I'm not as versed in International acquisitions as I had hoped. |
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#13 | |
Guest
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#14 |
Registered User
Join Date: Feb 2010
Posts: 31
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They got some major bank!
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#15 | |
So Fucking Lame
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Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
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Quote:
I just don't get how everybody thinks how if you sell your company everything bad suddenly goes away for both the seller and the buyer. |
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#16 |
Judge Jury and Executioner
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Join Date: Mar 2003
Location: Sweden
Posts: 30,069
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So will this influence me doing biz with webcams.com?
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gfynicky @ gmail.com |
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#17 |
Too lazy to set a custom title
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Join Date: Sep 2003
Posts: 22,651
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bling bling...
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#18 |
Confirmed User
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Location: Redirecting your traffic
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Lawsuits are a liability on the books... ie net worth minus liabilites and are calculated into the worth of a company. Lawsuits in business are a just that Business. Check At&T or any major corporation and see how many lawsuits they have against them and they are always listed as liabilities or potential loses on the books.
This aint a criminal suit its a business civil suit. It would have been figured into to the sale of the company. A check might have been written to Pink Visual and the US Gov that same day. It might have been part of the settlement who knows. I am sure in the next little while you will hear. But it does tell you one thing that there is still a lot of money in this business and that there is a strong belief that there will continue to be... ![]()
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#19 |
Confirmed User
Join Date: Apr 2002
Location: /root/
Posts: 4,997
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so far its just a rumour. |
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#20 |
Confirmed User
Join Date: Nov 2005
Posts: 2,167
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Closest to truth so far. Little more then 140 for both it went.
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agentGFY *at* gmail.com |
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#21 |
Junior Achiever
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Join Date: Nov 2004
Location: Walled Garden
Posts: 17,066
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They stole all your porns and made millions. Congrats!
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#22 |
Almost goners..
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Join Date: May 2008
Location: Netherlands
Posts: 11,420
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Webcams.com was sold over a month ago ;)
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#23 |
Confirmed User
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Join Date: Jul 2003
Location: Italy
Posts: 2,792
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Congrats if they really sold.
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#25 |
Confirmed User
Join Date: Dec 2009
Posts: 997
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um that was cool ;;;;;;;;
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#26 |
FUBAR the ORIGINATOR
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Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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so whats not correct about it ?
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#27 | |
Guest
Posts: n/a
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#28 |
They're all hookers, but mom!
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Join Date: Jan 2001
Location: Right now Shelby Twp MI
Posts: 7,047
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Now that is some MONEY !!!
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#29 |
too cool for highschool
Join Date: Nov 2005
Location: East side, West side, Worldwide!
Posts: 12,164
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there is no money in porn / tubes. this must be a lie.
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#30 |
Confirmed User
Join Date: Nov 2005
Posts: 2,167
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The figure. It's more, but he's close. And webcams did sell before brazzers.
But that other thread is funny ![]()
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agentGFY *at* gmail.com |
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#31 |
Confirmed User
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Join Date: Jun 2006
Location: Virtual
Posts: 1,113
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For Sale
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#32 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,622
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How long have they been around as that is a serious internet success story. 140 mil in about 3 years?
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#34 |
Confirmed User
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Join Date: Dec 2002
Location: Los Angeles
Posts: 3,433
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did this sale cross your desk? I remember you posting https://gfy.com/showpost.php?p=16927601&postcount=16
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#35 |
Pay It Forward
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Join Date: Sep 2005
Location: Yo Mama House
Posts: 76,984
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they didnt sale
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#36 |
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Posts: 6,497
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i don`t know really
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#37 | |
Confirmed User
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Location: Italy
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Quote:
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#38 |
Confirmed User
Join Date: Apr 2006
Location: Cali
Posts: 5,449
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that made me laugh so hard i almost pee'd a little
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Julie Larson julie {at} juicyads.com skype: imortylpussycat |
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#39 |
Confirmed User
Join Date: Dec 2004
Location: TO
Posts: 8,619
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I hope the new owners of Webcams.com do something about improving it, it's been a missed opportunity for a long time.
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#40 |
Confirmed User
Join Date: Dec 2008
Location: New Jersey
Posts: 490
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this could get interesting
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#41 |
Confirmed User
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Location: Hollywood Fl.
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#42 |
Confirmed User
Join Date: Aug 2004
Location: My dog is blacker than Tupac
Posts: 5,471
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#43 |
Confirmed User
Join Date: Jan 2005
Location: Chicago, IL
Posts: 8,452
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I hope conversions get better. They used to rock and then all of a sudden one month fell off the face of the Earth and have not gotten back on track.
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#45 |
Beer Money Baron
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Location: brujah / gmail
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big blingin
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#46 |
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Old news...
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#47 |
I AM JUSTDAVE !
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Join Date: Feb 2005
Location: LA
Posts: 4,111
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I dont think its so much an issue of avoiding liability as much as it is a strategic move to remove all assets from Mansef and put it all into an overseas corporation that the US cant touch and would have no jurisdiction over.
I dont think its so much the Pink Visual lawsuit that made Masef liquidate and move, as it is the slew of lawsuits that will follow if Pink Visual, wins. Further more, the way things are going with copyright infringements running rampant and change towards holding copyright infringers acountable seems to be inevitable. This is what may happen; If Pink Visual, wins Mansef will have a very sizable judgment against it. Thus forcing Mansef to file bankruptcy. A Bankruptcy court will see what assets are available to liquidate, In order to pay off this judgment. There will be no assets and no money from the sale proceeds in any US jurisdiction. So asset or money confiscation wont be likely. Also Keep in mind the 9 million that the US seized from Brazers earlier this year can be seen as an asset that Mansef may still have after everything has been liquidated. This the court system may seize as an awardable judgement if Pink Visual wins. And that is only if Mansef can prove that the 9 million was wrongfully seized. Lots of "ifs" with that one. Either way, if Pink Visual wins or looses this is a very good business move for Brazzers. This will close up all future liabilities and possible future asset seizures. I hate to say it, but this is a genius business move on many different levels. What would make this move even better, would be to incorporate every single asset as its own company. Then have a few different "holding corporations" in different countries that maintain strict corporate veils. What this would accomplish, is complete business anonymity and the ability to move assets from corporation to corporation. If one company gets sued, move the assets and Bankrupt it. Nobody would see shit, and nobody would be able to touch shit, because of the lack of reach from one country to another. The only thing that kind of baffles me is why didn't they do this way earlier? This is "International Business "101 and 1st semester "Corporations" stuff. We all know they have the money. ![]()
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#48 | |
Tube groupie.
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Join Date: Aug 2002
Location: LoScandalous, CA
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Quote:
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#49 | |
Confirmed User
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Join Date: Jul 2002
Location: Atlanta,Ga.
Posts: 3,180
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Quote:
Topbucks who sold Yappo to the same company that owned Xtube who in turn bought Brazzers. Reminds me of Serges picture of 3 squirrels. |
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#50 |
I AM JUSTDAVE !
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Join Date: Feb 2005
Location: LA
Posts: 4,111
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I dont think its just one issue making this happen. Im thinking it is a combination of a lot of issues. And a move like this would definitely prevent a bunch of possible future issues.
***This is all theory and speculation, assuming that the Brazzers purchase is in fact a movement of company assets into a shell corp.*** At the end of the day, I, and everyone here truly does not know what the real deal is.
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