FriendFinder Files For $460 million IPO

REUTERS -- Dec 23 -- FriendFinder Networks Inc, an operator of social-networking websites and publisher of the adult men's magazine Penthouse, filed on Tuesday for a $460m initial public offering. FriendFinder plans to use the proceeds of its IPO primarily to pay off debt, according to a filing with the U.S. Securities and Exchange Commission. FULL ARTICLE @ REUTERS

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Comments

[Ross Williams - WhiteLabelDating.com]

This will be very interesting to follow.

For any business which has casual, adult or strong niche brands within their portfolio, it is critical to follow the acceptance of an IPO by FriendFinder, who may the vast majority of their revenue from adult and cams websites.

Keep us posted Mark,

Ross

[max]

Agreed that is it good news for those who own big casual/adult dating sites because it is potential exit.
However, as in any business, scale will means a lot, so consolidation play may happens.

Easydate just complete another acquisition and keen to speak in 2009 with other SITE OWNERS. But only if your expected revenue are bigger then 1.5m GBP.

For the clients of White Label networks we can provide switching to our technology platform, like we doing now with one well known dating company in the UK with 8 figure account.

Regards,
Max

[catherin]

FriendFinder plans to use the proceeds of its IPO primarily to pay off
debt, according to a filing with the U.S. Securities and Exchange Commission.
Penthouse Media Group, which changed its name to FriendFinder in July,
said in March it planned to raise $250 million in an IPO and file with the SEC
in the second quarter.
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catherin

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