IAC Acquires Over 25 Dating Domains & Sites For $57 MILLION

[Gerry]

Paying customers or not 225k is peanuts in the dating world.

People Media operates more than 20 vertically focused online communities primarily geared towards dating. Many of our sites are the most popular in their category, including BlackPeopleMeet.com, the #1 dating site for Black & African Americans. Grouped together, our sites rank consistently in the top 10 dating sites according to comScore/Media Metrix. We are a major force in the online dating space which, according to Jupiter Research, will reach $1.2 billion in worldwide revenues by 2009.

 

[Domainx09]

Some good niches... I think it was a great purchase for the existing customer base but those definitely are some horrible domain names...they will no doubt be spending a lot more on better quality domains in future... or convert the customers over to whatever better niche names they already have. It's impossible to find anything good left in .com for any ethnic dating niches.

 

[ufocafe]

Wow! That's a lot of mula. But I have to admit that in my lifetime, I've probably had 25 dates that felt like they cost me $57 million.

 

[4u-domains]

Shocker.

Shows there is still some money floating around out there!

Hope for us all!

 

[ebuzconsultant]

Can i have the contact detail of IAC concerned person, i will try my names..

 

[David G]

The domains I looked at seem mostly dubious value making 57 million in cash seem like a giant over-payment to me.

Must be an only in your wildest dreams end user who would be so generous (even with the member list value involved).

Maybe there's more to the deal than disclosed?

 

[sashas]

Once again, domainers treat the sale of a company as the sale of a domain.