TWIN CITIES PIONEER PRESS — Jan 21 — E-dating revenues rose 73% in 2002 and 77% in 2003. For 2004, the growth slowed to 19%. Spending on online personals dipped during the first two quarters of this year to less than $114 million, compared with $117 million in the last quarter a year ago. Some companies are cutting employees. One fast-rising site chose not to go public. It seems people who jumped into the game with enthusiasm now talk about disillusionment with the people they met who were nothing like what they expected. Women say some men were married or just window-shopping.
The full article was originally published at Twin Cities, but is no longer available.
Mark Brooks: 19% sounds like a pretty healthy growth rate to me.