Holy Fuckin Shit. Penthouse has bought Adult Friend Finder

[Big_D]

According to the NY Times Penthouse as bought Adult Friend Finder......

http://www.nytimes.com/2007/12/12/te...in&oref=slogin

[BVF]

For black ghetto hoes...See sig.

[WWC]

I heard about this last week....so its true....

[Masterchief]

omg mega sig spot

[martinsc]

see sig
this is gonna get a big one....

[JA$ON]

Its been talked about and in the works for afew months now.

[teksonline]

hrmph, strange

[who]

Good. They were on the way out and needed to evolve. Very good move.

[TonyL]

$500 Million in today's crazy 2.0 inflation seems a little low. When you see sites with 1/100th of it's profit going for billions.

[SmokeyTheBear]

$500 Million in today's crazy 2.0 inflation seems a little low. When you see sites with 1/100th of it's profit going for billions.

then again they just got busted by the ftc for pushing porn on children.. thats not a very good black eye

[Brad Mitchell]

On the NY times website? Is this the real deal?

Penthouse Buys Group of Social-Networking Sites


By ANDREW MARTIN
Published: December 12, 2007
While the influx of free and low-cost video has hurt the sale of pornographic videos, the chief executive of the Penthouse Media Group remains so bullish on the sex-related entertainment industry that he is investing $500 million in a group of social networking sites.

Marc H. Bell, chief executive of Penthouse Media, said the company had acquired Various Inc. and its subsidiaries as part of a plan to expand its reach. Various operates more than 25 networking sites and says it has a member base of more than 260 million consumers, about 1.2 million of them paying subscribers.

The combined revenue of both companies is projected to be $340 million in 2007.

Various’s most popular Web site is adultfriendfinder, which describes itself as a personals community for swingers and sex. But Various owns a variety of other social networks like Italianfriendfinder.com, gradfinder.com and bigchurch.com, which offers to help users “meet people who share the same spiritual beliefs as you.”

“For now, we are holding on to everything,” Mr. Bell said. He said the goal was to provide consumers, particularly 18-to-34-year-old men, with a wide variety of sex-related offerings in magazines, in videos and online.

“The rationale here is, it’s an online world,” Mr. Bell said.

After filing for bankruptcy protection, Penthouse was purchased in 2004 by PET Capital Partners, a group of private investors that includes Mr. Bell. Since then, Mr. Bell and his team have revamped the magazine, turning it from what he describes as an “XXX” publication into a more lifestyle-focused magazine that is “where you go when you graduate from Maxim.” The company also started making sex-related movies aimed at couples.

[Sharky]

Penthouse just made a leap into the bigtime!

[WiredGuy]

Wow, speechless. Congrats AFF. Pornwolf, you were right ;)
WG

[Kelvin]

wow, thats big news, shesh.

[PornMogul]

sig spot secured

[Adam_M]

That's one huge buys.

Best of luck Penthouse.

[SomeCreep]

[Z]

It's not real until it's verified by AFF. Even $500,000,000 sounds very low for what AFF is really "worth".

The NY Times has been wrong before, though on something big like this? Wow.

[d-null]

big move for Penthouse, here's to hoping for a better, more ethically concerned AFF

[Jago Webcams]

wow nice

[Brad Mitchell]

Until I hear AFF confirm it I won't believe it. The reality is if they're looking for big buyers and attention, this is brilliant.

Brad

[eMonk]

congrats penthouse!

[Big_D]

im sure we will get the official announcement soon

[alby_persignup]

i smell lotsa $$$$. wow

[DaddyHalbucks]

You had to know AFF was in play and something like this was coming.

It's too bad the Safeway deal fell through.

[MissMina]

Cool!!!!!!!!!!!!!!!!

[NewbieNudes]

Well done AFF crew ;)

[Theo]

You can't tell if it's low or not unless you see a series of financial reports.

[Drake]

Cha-ching

[BSleazy]

See sig and contact me to bank off this big time.

[D]

Interesting.

[T - Bone]

Congratulations to all involved!!! I hope it works out well.

[PleasurePimp]

wow huge deal

[HAPPYPEEKERS]

Wow......

[Shaze]

For free porn click the links below:

[Snake Doctor]

I wonder how penthouse feels about zango and tube or torrent sites?

[Danny B]

Wow. That's big news

[dav3]

One question, is the Zango account transferable?

[Kevsh]

I wonder how penthouse feels about zango and tube or torrent sites?

Before dropping $500M, I'm sure they did their homework and by implication, they don't mind enough to stop the sale .. Though they may change policies now, interesting to see what happens next.

[Myst]

500 million only????
The website says AFF has 1.2 million current paying subscribers.. thats like 200 million dollars a year right there.

[Vox]

Until I hear AFF confirm it I won't believe it. The reality is if they're looking for big buyers and attention, this is brilliant.

Brad

This is what I see when I log in

Important Announcement: Various, Inc. has been purchased by Penthouse Magazine. We will update you tomorrow with more exciting details of this partnership.

[bobby666]

i am glad i was here

[Big_D]

all shitting aside, if its true it may be more than just an actual "purchase" but some sort of partnership, who knows tho

[BV]

I don't believe it.

[dooglas]

Wow that's a big move for Penthouse!

[AlienQ - BANNED FOR LIFE]

So does this mean people are going to pull down thier Penthouse Ad's now?

[BlueDesignStudios]

wow exciting news!

[minusonebit]

$500 Million in today's crazy 2.0 inflation seems a little low. When you see sites with 1/100th of it's profit going for billions.

Yeah, but you have to consider the fact that in 2 years or so there will be millions in legal liabilities arising out of their use of Zango to fuck their affiliates.

[VicD]

let's wait and see...

[duff]

If true, it'll be interesting to see where they take the site into the future.