Confirmed: Penthouse Buys AdultFriendFinder For $500 Million

[Rcourt64]

if this is true? Will the accusations and reputation reform itself for this site?
What Greg B says is so true about Penthouse easily affording to start they're own thing.

[DragonKing]

Originally Posted by Rcourt64

if this is true? Will the accusations and reputation reform itself for this site?
What Greg B says is so true about Penthouse easily affording to start they're own thing.

I disagree to an extent. So does AOL, Google and alot of other companies that bought out start ups. They are buying member base, branding and probaly merchant accounts.
Was ICQ worth 16 million or whaver they bought it for back then? Then I'd say no. Have you seen ICQ lately? Bet they've (aol) made that investment back twice already.

I'm very excited to see though how Penthouse is going to deal with Zango and Adware and shit that AFF has come to be known as associating with.

[EmporerEJ]

Well, it sure seems like a done deal.

http://www.ynot.com/modules.php?op=m...mode=0&order=0

Kathee doesn't get these things wrong.

[tony404]

The thing to see is how much of that is cash.

[Toby]

Originally Posted by AFF's Lars Mapstead Discusses Sale to Penthouse

You will see more changes on the Penthouse side. The AFF staff will be managing all of the Penthouse properties. We will be managing all of their affiliate programs and working with them to convert better. So, basically, FriendFinder is going to be the online technology group for Penthouse.

Guess who just got added to my banned sponsor list.

[RawAlex]

Toby, that interview is key for some other reasons as well. In a sense, it shows that the 500 or 300 million number isn't exactly all it is cracked up to be.

Conru and Lars will be maintaining sizable holdings in the "new" company. So they may have traded 100% of AFF for 50% of Penthouse. In theory, they were bought out for X, but the actual money trading hands maybe significantly lower (like, perhaps, not all that much).

The other question is Penthouse... I see a penthouse international as a Pink Sheet stock. Is this the new owner? Or is that the previous (mostly dead) branch of Penthouse?

[gonzo]

Originally Posted by RawAlex

Toby, that interview is key for some other reasons as well. In a sense, it shows that the 500 or 300 million number isn't exactly all it is cracked up to be.

Conru and Lars will be maintaining sizable holdings in the "new" company. So they may have traded 100% of AFF for 50% of Penthouse. In theory, they were bought out for X, but the actual money trading hands maybe significantly lower (like, perhaps, not all that much).

The other question is Penthouse... I see a penthouse international as a Pink Sheet stock. Is this the new owner? Or is that the previous (mostly dead) branch of Penthouse?

300 of the 500 was only cash. Leave 200 on the table. YOu guys can figure it out.

[EmporerEJ]

Originally Posted by tony404

The thing to see is how much of that is cash.

More importantly, let's see what Uncle Sam does with it.

[EmporerEJ]

<<>>>

(That would be shoe number 2)
Now, what do you make of the timing of this???



Various Inc. Settles FTC Charges
Unsuspecting consumers reportedly hit with sexually explicit pop-ups.


Various Inc., which operates online sex and swinger communities Adult FriendFinder and Cams, has agreed to settle Federal Trade Commission charges that its online pop-up ads violated federal law.
The settlement bars Various from exhibiting sexually explicit ads to surfers who are not seeking adult material..........

http://www.avn.com/index.cfm?objecti...2E6C845CEACDD0

[RawAlex]

Originally Posted by EmporerEJ

<<>>>

(That would be shoe number 2)
Now, what do you make of the timing of this???



Various Inc. Settles FTC Charges
Unsuspecting consumers reportedly hit with sexually explicit pop-ups.


Various Inc., which operates online sex and swinger communities Adult FriendFinder and Cams, has agreed to settle Federal Trade Commission charges that its online pop-up ads violated federal law.
The settlement bars Various from exhibiting sexually explicit ads to surfers who are not seeking adult material..........

http://www.avn.com/index.cfm?objecti...2E6C845CEACDD0

I don't think you have to be too intelligent to figure that settling this out was one of the requirements before a deal would go forward. It is only unfortunate that once again it appears that the FTC issued another toothless ruling that allows the guilty to keep their ill gotten gains, without addressing the issues of how this affected things like their affiliate agrrements and such.