PlanetOut Partners With Expedia

SAN FRANCISCO BUSINESS TIMES -- Apr 3 -- PlanetOut, a media company running web sites and magazines aimed at lesbian, gay, bisexual and transgender customers, has put Expedia in charge of travel booking on its web sites. In the past, a good chunk of PlanetOut's revenue came from travel bookings, although former CEO Lowell Selvin said in late 2004 that two-thirds of the company's money came from matchmaking and dating services and advertising. But the company's online segment has been contributing less to its revenue for each of the last three years. In 2005 it accounted for 87%, in 2006 54%, and in 2007 51%. In February, PlanetOut reported a $51.2m loss for 2007. FULL ARTICLE @ SAN FRANCISCO BUSINESS TIMES