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Dating Sites
by Mark Brooks on June 16, 2005
REUTERS
-- June 8 -- IAC/Interactive Corp (owns Match.com) has agreed to sell
its 5.4% stake in Vivendi Universal Entertainment to NBC Universal for
$3.4 billion. They have been haggling in courtrooms and boardrooms for
five years. IAC said it would result in an after-tax gain of $330
million. FULL ARTICLE @ REUTERS
Mark Brooks: Where will the peripatetic Diller turn his attention now he is freed of this Dispute. In their Q1 report...'personals
revenue grew by 11% to $54.2 million, driven primarily by a 6% increase
in paid subscribers and higher average revenue per subscriber.'
Things are looking up for the online personals industry. Spark
just acquired Minglematch and announced similarly rosy Q1 numbers.
Permalink: Diller Ends Vivendi Feud With $3.4 bln Deal
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/7046
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