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Old 12-13-2007, 08:56 AM   #1 (permalink)
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Checkthisout Penthouse Magazine Acquires Adult FriendFinder for $500 Milion
As the title say AFF was sold to Penthouse Media Group for 500 milion:
Quote:
Penthouse Media Group Inc.,
parent to Penthouse Magazine, one of the world's leading men's lifestyle
publications and producers of online, licensed and broadcast content and
materials, announced today that it has acquired internet social networking
giant Various, Inc. and its subsidiaries for $500 million in cash and
securities. With $340 million in projected combined 2007 revenues, this
acquisition makes Penthouse the largest adult entertainment company in the
world.
Here is the link to the press release Penthouse Magazine Acquires Internet Social Network Giant Adult FriendFinder for $500 Million=
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Old 12-13-2007, 11:52 AM   #2 (permalink)
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I think I just came in my pants.
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Old 12-13-2007, 11:56 AM   #3 (permalink)
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Penthouse only makes $340mil/year and that makes them the largest adult company? Thats fucken pathetic....
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Old 12-13-2007, 12:12 PM   #4 (permalink)
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cha ching!
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Old 12-13-2007, 01:03 PM   #5 (permalink)
 
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Quote:
Originally Posted by Insomniac View Post
Penthouse only makes $340mil/year and that makes them the largest adult company? Thats fucken pathetic....
Now that you've mentioned it, yeah, it does seem kinda weak...
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