Penthouse negotiating to buy AdultFriendFinder for $500M to $1B
Penthouse is negotiating to buy AdultFriendFinder, a ubiquitous porn and sex dating site, for between $500 million and $1 billion, VentureBeat has learned.
We learned of the talks last Monday, and were trying to confirm, but Techcrunch beat us to it this weekend. Techcrunch has some of the details correct, according to what we’ve heard from a source close to the deal, including that AdultFriendFinder’s parent company, Various, has revenues of some $300 million.
However, while Techcrunch… Continue Reading