DMGT — May 8 — Associated Newspapers, the national newspaper division of DMGT has acquired Allegran, which operates a portfolio of dating web sites, catering for different segments within the UK market. In the year to 31 January 2006, Allegran reported revenues of £7.4 million, up ~160% on 2004. Allegran´s sites include three ranked in the top seven UK dating sites.
The full article was originally published at DMGT, but is no longer available.
Mark Brooks: The UK market is hot and prime for acquisitions. Anotherfriend is doing well in Ireland and has 10 employees. I hear conversions in the UK are very strong? Allegran runs Loopylove, GirlsDateforFree, Pocado, DreamsDiscovered and DatingforParents.
Murdoch and MySpace
Back in January of 05, Murdoch felt that media consumption was changing-especially among the under-30 set. Two opportunities were not being seized upon by the established players: broadband and video. Broadband makes it much easier to get around …