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Adult FriendFinder
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corrections
Andrew Conru denies church-lady romance, but not Adult FriendFinder exit
There goes a perfectly entertaining rumor: Adult FriendFinder founder Andrew Conru has written in to deny that he's involved with a woman named Lois, as commenter rumourone had claimed. Amusingly, rumourone had gone to some trouble in constructing the fantasy, picking up factual bits like Conru's interest in fish farming. The part that Conru didn't confirm or deny: That he's planning to leave Adult FriendFinder, now owned by Penthouse, very soon.
sex trade
If women don't have to pay for sex, why are they on Adult FriendFinder?
Ubiquitous, open-doored singles' site Adult Friendfinder promises "hot sex tonight!" — but for whom, with whom? A free membership lets you take a peek. To make actual contact, you have to pay up. What women pay to have no-strings-attached sex? For all the promise of local singles available, the only women I know who use AFF have pretty specifically kinky tastes, and they don't spend a lot of time perfecting their profiles (these photos? you won't find most of these women active on the site). One of my ladyfriends who enjoys licking milk from a saucer ("like a kitten!") has found a playmate on AFF. A former dominatrix friend of mine just likens her cruising the site to "shopping for men." When it comes to getting sex on demand, spending $15 on private message access to a guy rather than waiting for him to spring for dinner just seems easier.
adult friendfinder
Penthouse CEO Marc Bell calls lawsuit threat "blackmail"
While Richard Bottoms's sexual discrimination case against Penthouse Media Group continues, the Palo Alto man angry with his dismissal from the company tells us he's now planing a new round of suits against the company, seeking $1 in damages. In an email to Penthouse management announcing his plans to sue, Bottoms alleged that company developers were instructed to copy eHarmony.com when building sites Alt.com and Bondage.com. More »
great moments in hr
Fired employee plots discrimination lawsuit against Penthouse site
Despite such perks as "all the porn you can watch if you've a mind to," a former employee of Adult FriendFinder, the user-generated porn site now owned by Penthouse, plans to sue the company. He says the company fired him because of "his activism on behalf of gay, lesbian, and other alternative lifestyle folk." The ex-employee says he isn't gay himself, but that he "pissed off" FriendFinder president Rob Brackett by criticizing the company for not serving the needs of "the alternative lifestyle community." Also, he says FriendFinder's office isn't wheelchair accessible. So there. For more such rants, this ex-employee has set up a blog called 445shermanesque, titled for FriendFinder's street address in Palo Alto. Until Craigslist took it down, he'd also posted an ad soliciting stories from other ex-employees who had been "Rode Hard and Put Away Wet." A screenshot of the pulled ad is below, in case you'd like to participate in the fun. More »
geek love
Porn millionaire Andrew Conru reportedly engaged to church lady
Whatever happened to Andrew Conru, the porn baron of Palo Alto? After selling Various Inc., the parent company of X-rated singles site Adult FriendFinder, to Penthouse for $500 million in December, he's getting his personal life in order, commenter rumourone informs us. He's reportedly still working at Various, but planning his departure. (Will Penthouse disclose this fact when it files to go public, largely on the strength of Conru's Web businesses?) Also, he's engaged to a "devout Lutheran" named Lois. Ironic, given his porn profiteering? Hardly. Conru also launched — and sold along with FriendFinder — a religious social network, BigChurch.com, where he supposedly met Lois. Update: Conru has written in to deny the Lois story. The full Conru tale from rumourone follows: More »
adult friendfinder
Penthouse plans $250 million public offering
Financier and CEO Marc Bell plans to take Penthouse Media Group public in a $250 million IPO. If investors take the bait, it'll likely be on the strength of Adult FriendFinder and the rest of the Web properties Penthouse bought from Andrew Conru last December for $500 million. After the acquisition, Penthouse projected its 2007 revenues would reach $340 million — most of that from Adult FriendFinder. Some of the proceeds from the IPO, if it succeeds, will go to pay off debt from the acquisition.
rumormonger
Adult FriendFinder looking for multiple partners?
Right before Penthouse acquired Andrew Conru's Adult FriendFinder for $500 million, a rumor spread that FriendFinder was making offers itself to buy smaller porn sites. Sources told Adult Entertainment Today AFF made offers on two sites that might not have large profits but "have attracted media attention and large numbers of regular visitors." Will the rollup strategy continue under Penthouse, or bring FriendFinder's nascent buying spree to an end? Let us know if Conru has made you an offer you can't refuse.
acquisitions
Penthouse buys Adult FriendFinder
Congratulations, Andrew Conru: Danni Ashe is now your coworker. As the porn-magazine business quietly biodegrades in the ashbin of history, the founder of Adult FriendFinder has sold his company, Various Inc., to Penthouse for $500 million. This despite his earlier denials. The price actually seems low, considering Various's projected revenues this year of $340 million. But the porn business has always suffered from a market discount, as distaste thins the ranks of willing investors. FriendFinder's troubles with the Federal Trade Commission, settled one day before the sale was closed last Friday, can't have helped. What's next for Adult FriendFinder's new owner? More »
acquisitions
