ASIAMEDIA JOURNAL — Sep 1 – Network Ten is investing in free
Australian dating site Oasis Active. Network Ten currently holds just
under 40% of Oasis Active, with the remainder held by private
investors. Oasis Active commenced operation in April 2008 and its
international network of users is ~998,000, with average monthly growth
of 15% or more than 80,000 users. Oasis Active was developed and is
managed by 3H Group. 3H Group was founded by CEO Dave Heysen and CTO
Daniel Haigh. Mr Haigh previously established one of the largest
international online dating websites, Soulmates Technology, which was
acquired by match.com. FULL ARTICLE @ ASIAMEDIA JOURNAL
Category: Hot Stories
Match.com To Acquire People Media
PRESS RELEASE — July 7 — Match.com has signed an agreement to acquire People Media, a leading operator of 27 targeted dating sites including BlackPeopleMeet, SingleParentMeet, SeniorPeopleMeet, BBPeopleMeet and LDSPlanet, with a combined 255K paying subscribers. IAC will pay $80m in cash for People Media, which had $11.6m of EBITDA in 2008. FULL ARTICLE @ WASHINGTON POST
Mark Brooks: Spark Networks is going to have some stiff competition now. Match will be able to circulate traffic around multiple properties and monetize better. That will allow them to get more volume with their improve ARPU. Your comments please.
Outsourced Online Dating
PRESS RELEASE — July 1 — Done For You Dating is a new service that lets singles delegate their online dating to a representative who manages their profile and exchanges messages under their name. Dating representatives at the company are selected to be socially savvy, skilled writers who are knowledgeable about popular culture. They receive specific training in online dating and personal branding. Company founder Luke Chao is the managing director of The Morpheus Clinic for Hypnosis, where he first started helping men overcome problems interacting with women. He is the ghostwriter of several books, including Sydnee Steele's Seducing Your Woman.
The full article was originally published at eMedia Wire, but is no longer available.
Match.com Lawsuit Update, And Thoughts
OPW — June 22 — OPW had a chat with Norah Hart, the attorney representing Sean McGinn, the 'cuddly but toned' man who filed a recent lawsuit against Match.com. This is the lawsuit that says Match.com misleads consumers about potential matches with inactive members. It is Hart’s assertion that “Match defrauds the consumer of their time and personal investment every time a person pays Match’s subscription fee and writes to a member who won’t have the ability to read what they wrote or see their profile.”
The one main thing that they seem to be pinning the case on is the fact that when you look at a profile, you cannot tell if a person is a subscriber or a free member. You also cannot tell how long its been since they’ve logged onto the site beyond three weeks. It is this practice that they want to go after Match.com for. Should they win, this would have a significant impact on every dating site that doesn’t list subscriber status or caps activity reporting on their members at three weeks or so.
Norah Hart contends that, “When a subscriber cancels their subscription, their profile continues to appear to be that of an active subscriber. Nothing indicates to the viewer their limited access to read e-mails or respond to them.”
The problem with this argument is that just because someone cancels their paid subscription to a site, it does not mean that they are canceling their membership. They might be paring back their involvement in the site because they are evaluating a new relationship. They may just be taking a month off the subscription because they want to save money. It also does not take into account winking, which is a free feature on Match for all members, regardless of paid status.
Internet dating is like fishing. Those with paid memberships just cast out further and more frequently. Those with idle unpaid memberships are waiting for the big fish. The question is, should the dating site identify the pro fishermen from the amateurs? I think the amateur fisherman would rather keep their hooks in the water. The fish, meanwhile, would want to see when someone last logged in. That's the best indicator of activity and the potential to respond. Still, is 3 weeks long enough? How about 3 months? Anyone who hasn't been active in 3 months would be very unlikely to respond.
Hart goes on to contend that her client is, “The perfect example of a man who is really attractive, extremely eligible and gainfully employed. He’s writing to people and hears nothing back from them. Is that because they’re not interested? That’s highly unlikely.”
What she isn’t taking into account is that there could be numerous factors contributing to his failure on the dating site. His photo, profile, what he says in his emails, and even his dating strategy could be letting him down.
As Hart is seeking a Jury trial, it will all come down to what the people decide and how strong Sean McGinn’s claims of anguish can sway them. Of course, the argument may be diluted by the fact that he did eventually find his girlfriend on match.com according to a recent report on Fox News.
Match.com’s Response To The McGinn Suit
OPW — June 15 — I asked Match.com for a statement regarding the McGinn suit where Match is accused of 'defrauding customers who paid for the dating service by failing to disclose that it lumps together current subscribers and canceled members and displays them as the same.' The CEO of Match, Greg Blatt, states… "Match.com’s continued success depends upon the success of our members in making online connections and turning them into meaningful relationships offline. The allegation that we would deceive our subscribers by encouraging them to connect with inactive members therefore makes no sense and is contradicted by our 14-year record and the hundreds of thousands of members who find someone special on Match.com every year. We understand that finding romance, offline or online, can at times be emotional and personal, and we wish Mr. McGinn well in his search. But his lawsuit is without merit, and we will defend it vigorously."
Your comments please.
Zoosk Raises $6 Million
REUTERS — June 12 – Online dating network Zoosk has raised $6m in a third round. The company raised $4m in a second round last June.
The full article was originally published at Reuters, but is no longer available.
IAC – The iPhone Is Our Crystal Ball
Mark Brooks: The iPhone is a game changer. Use rs of iPhones monetize FAR better, and access information on the internet and (dating) apps more than on any other phone. Overall the idating market is doing well despite the down economy, but the highest growth numbers, in terms of uniques, are being found at the fr ee end of the idating spectrum. Case in point see the Compete graphs for, Plentyoffish, OKCupid, DateHookup. Interestingly, a number of the free sites that I reported on, in this TechCrunch article, are flagging. Namely MatchDoctor, Mingle2, and Webdate. IAC's free dating site DownToEarth peaked in March and is headed decidedely South, according to Compete.com. (Full Disclosure: Plentyoffish and Webdate are long term clients of Courtland Brooks)
Match.com Sued For Deception
REUTERS — June 9 – Sean McGinn, of Brooklyn sued Match.com for misleading members by posting profiles of prospective dates who are unable to respond to any interest in them because they do not have a paid subscription. McGinn accused Match.com of causing "humiliation and disappointment" for some members who feel rejected when their attempt to contact a prospective date gets no reply. Match.com is still reviewing the complaint, but said "we believe this lawsuit is without merit and we will defend it vigorously." FULL ARTICLE @ REUTERS. Also read in DALLAS BUSINESS JOURNAL (June 10th), CONSUMER AFFAIRS (June 10th), NY DAILY NEWS, BROOKLYN EAGLE (June 10th), NY MAGAZINE (June 10th), ATTORNEY AT LAW (June 10th), UPI (June 10th), MY STATELINE (June 9th), DFW (June 11th), LAWYERS AND SETTLEMENTS (June 17th), OPPOSING VIEWS (June 17th), KSTP (June 19th)
Mark Brooks: This is a super-important case. We'll watch it closely.
IAC Completes Previously Announced Transaction With Meetic
PR NEWSWIRE — June 8 – IAC has closed the transaction pursuant to which Match.com exchanged its European operations for a 27% equity stake in Meetic and a euro 5m promissory note. The deal closed on June 5th, 2009.
The full article was originally published at PR Newswire, but is no longer available.
Mark Brooks: Meetic now owns Match Europe, and Match has its arms around Meetic. Meetic will promote Match brands in the Nordics, Meetic in continental Europe and DatingDirect in the UK. The databases will be merged.
Interview With Marc Simoncini, CEO Of Meetic
OPW — May 21 — Earlier this week I spoke with Marc Simoncini, the Founder and CEO of Meetic. Meetic is focusing on expanding Meetic Affinity all over Europe. Its in all countries except for the Nordics at this stage. This is a higher end dating product for serious daters (which is akin to eHarmony in the USA). They will be rolling out a product for a younger audience called Peexme. Its a mobile application and web application that will be launched in June. Watch this space for more info. Peexme will be more of a flirting than a dating service. Meetic is their dating service and their matchmaking product is Meetic Affinity. As far as their acquision of Match Europe goes, they will continue to run all the brands but will only promote the top brands. Meetic will run Match in the Nordics, and Meetic all over the rest of Europe. They will actively market and promote one brand per market. So that means they will stop promoting Match and DatingDirect in the UK. Additionally, they will merge the Match Europe and Meetic databases.
The deal with IAC is an eight year agreement. There are three main elements to the agreement.
1. Match has no right to manage the daily business in Europe. It will be managed by Meetic
2. There's a reciprocal right of first refusal for acquisition
3. And there will be two members on the board of Meetic, from IAC
See all posts on Meetic
See all posts on Match.com
See all posts on DatingDirect
