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Old 12-25-2008   #1
tony404
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Join Date: Nov 2003
Posts: 926
Default Re: Bullshit reaches limit - AFF and Iporn scuttlebutt

http://www.nytimes.com/2008/12/25/te...1&ref=business
The company, however, warned that it has a lot of competition and a history of losing money. It posted a net loss of $29.9 million on $48 million in revenue in 2007. For the first nine months of 2008, FriendFinder had operating income of $17.6 million and a net loss of $32.3 million on $244 million in revenue.

By comparison, IAC’s online personals businesses, which include Match.com and Chemistry.com, are significantly more profitable, with operating income of $50.7 million on revenue of $277 million in the first nine months of 2008.
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