Details are thin, but it sounds like someone is trying to sue online dating companies that ignore 3-day cancellation notices. Over the summer a handful of lawyers contacted me to snap up copies of the Online Dating Industry Report. All within a two week period. Interesting.
Markus was on the LavaLife investor call and says: Acording to the press release, membership revenue declined by $400,000 during the same period last year it rose 600k. $60M ad spend this year. They make a lot more money on phone dating than web dating, that’s for sure.
Spark’s impending IPO remains just that.
[tags: finance, lavalife, spark networks]
