Sphinn - Penthouse invests $500 million in Social Networking Sites

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Penthouse invests $500 million in Social Networking Sites

Went Hot: December 13, 2007 - 3:38 pm
Posted By: Wingnut 571 days ago
Topic Type: News Story (Jump to http://www.nytimes.com)
Category: Networking

"..the chief executive of the Penthouse Media Group remains so bullish on the sex-related entertainment industry that he is investing $500 million in a group of social networking sites."

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from SearchBuzz 571 days ago #

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best quote ever...."more lifestyle-focused magazine, that is where you go when you graduate from Maxim"

from toddmintz 571 days ago #

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I don't follow the adult industry at all but it seems to be a natural for social networking.

from g1smd 571 days ago #

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How much?

from TimDineen 571 days ago #

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1/2 billion dollars? - isn't Pligg open source?

from scottclark 570 days ago #

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Why don't they just BUY them?

from lorenbaker 570 days ago #

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ALT.com and AdultFriendFinder are perfect sites for Penthouse... way to go! Now I can write off my magazine subscriptions!

from Halfdeck 569 days ago #

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I hope this forces AdultFriendFinder to adopt a more ethical business model; they pissed off a ton of adult webmasters on their road to riches.

BTW, Penthouse.com is turning into one of the best paysites on the net: 4000px, digital images, weekly live chat with some of hottest online porn starlets (e.g. Brooke Banner, Hanna Harper, Shay Loren) that last 4 hours/night. Their only problem is their videos suck - close to unwatchable. Otherwise membership is way better than a magazine subscription (unless you subscribe to read the articles).