MARKETWATCH – Mar 30 – Q4 2011 revenue was $81.7M. The revenue was negatively impacted by a decrease in traffic and a decline in new subscribers and renewal orders primarily in European markets. Net loss was $10.2M. Revenue for the year ended December 31, 2011 was $331.3M. Net loss was $31.1M. Over the past 15 months, FriendFinder Networks has repaid $87.6M in outstanding debt. FriendFinder Networks' COO, Anthony Previte, will take on the additional role of President, effective March 30, 2012 and will became CEO, effective July 1, 2012. Current CEO Marc Bell will continue to dedicate a substantial portion of his time to the Company as Co-Chairman and Chief Strategy Officer.
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