by David Evans | Dating Industry Finance
Spark Networks has announced that the Board of Directors has authorized the Company to seek shareholder approval to establish Spark Networks plc as a subsidiary of Spark Networks, Inc., a corporation that will be incorporated in Delaware. Pending shareholder and U.K....
by David Evans | Dating Industry Finance
Here are additional details about the Spark Networks/HurryDate deal. Spark Networks paid $2,000,000 to Hurry upon execution of the Agreement, and an additional sum of up to approximately $250,000 may be paid by the Company to Hurry, calculated based on Hurry’s...
by David Evans | Dating Industry Finance, Dating Research, Marketing
Although Match.com, made up less than 5% of his holding company IAC’s $6.5 billion in sales last year, it accounted for more than 10% of the company’s $464 million in profits. In the past two years, Match has boosted the number of paying customers by a...
by David Evans | Dating Industry Finance
Spark Networks plc (AMEX: LOV), a leading provider of online personals services, will host an investor conference call to discuss its results for the fourth quarter and fiscal year ended December 31, 2006. The call is scheduled to take place on Tuesday, February 13,...
by David Evans | Dating Industry Finance
Spark Networks announced today that it has acquired the assets of HurryDate, a leading online personals and singles events company. Greg Liberman, Spark Networks President: Adding HurryDate to the Spark family is another step towards expanding our offline presence and...
by David Evans | Dating Industry Finance, Dating Sites & Startups
I had a chuckle this morning when I saw that Markus says that HotorNot competed with OkCupid. He thinks HotOrNot will move to a hybrid YouTube/dating model. Bizarre that they are shutting down HotOrNot, $5 million revenue for 5 people, but then again, they have to do...