Adult entertainment publisher Penthouse Media Group announced its acquisition of social networking firm Various, Inc., a deal reportedly worth $500 million. Various owns and operates a number of social networking sites, chief among them the dating service AdultFriendFinder.com, which boasts a membership in excess of 18 million. "Social networking is clearly the future of adult entertainment, particularly in the mobile space," said Penthouse Media CEO Marc Bell in an interview with NewsFactor Network.
For more on the Penthouse/Various deal:
- read this NewsFactor Network article [1]
Related articles:
Forecast: Mobile adult content [2] to $3.3B by 2011
Private Media, Mobile Streams team on adult content [3]
Telus scraps adult content [4]
Google: Adult content [5] most searched-for on mobile
Links:
[1] http://www.newsfactor.com/news/Penthouse-Puts-Out--500M-for-Social-Net/story.xhtml?story_id=030002RR4LYU
[2] http://www.fiercemobilecontent.com/story/forecast-mobile-adult-content-3-3b-2011/2007-11-27
[3] http://www.fiercemobilecontent.com/story/private-media-mobile-streams-team-adult-content/2007-08-09
[4] http://www.fiercemobilecontent.com/story/telus-scraps-adult-content/2007-02-21
[5] http://www.fiercemobilecontent.com/story/google-adult-content-most-searched-for-moco/2006-02-23