Category: The Meet Group

The Meet Group Announces Safer Dating Advisory Board

Posted on July 10, 2020

Themeetgroup logo purpleBUSINESSWIRE – July 9 – The Meet Group,a leading provider of interactive dating solutions, announced the formation of its Safer Dating Advisory Board comprised of top epidemiologists and health experts to consult on dating products, provide safer dating guidance, as well as help shape the company's response to the novel coronavirus amid the ongoing pandemic. "I look forward to working with Doctors Hazra, Elfassy, and Sharp to pass on sound information to our millions of dating app users," said Geoff Cook, CEO of The Meet Group.

See full article at Businesswire

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Could Streaming-Based Dating Apps Be the Future of Online Dating?

Posted on July 10, 2020

Themeetgroup geoff cookCHEDDAR – July 9 – "The goal of The Meet Group products is to make everyone the star of their own dating show."

"The age of shallow swiping apps is kinda over and people are getting more and more demanding of video."

"In the early days we advised people not to meet in person. Now it's uneven. Today we formed a safer dating board, to council us so we could provide good tips to our users. Scientifically sound tips."

– Geoff Cook, CEO of The Meet Group

Extracted from video interview.

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UrSafe & The Meet Group Announce Partnership

Posted on July 8, 2020

Tmg ursafePR NEWSWIRE – July 7 – MeetMe, Tagged, Skout, GROWLr and LOVOO users will receive a free 60-day subscription to UrSafe's premium safety Features. UrSafe is a hands-free, voice-activated personal safety app fully integrated with 911.

See full article at PR Newswire

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ProSiebenSat1 Given the “Go Ahead” to Acquire The Meet Group

Posted on July 6, 2020

Themetgroup logoHEISE.DE – July 6 – The Federal Cartel Office, Germany's national competition regulator, has no objection to the takeover of The Meet Group the ProSiebenSat1's subsidiary Nucom Group, which already owns Parship, Elite Partner and eHarmony.

by Volker Briegleb
See full article at Heise.de

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The Meet Group Gains New Strength With Innovations in Interactive Dating

Posted on June 30, 2020

Themetgroup logoINVESTORPLACE – June 30 – Blind dating gets a modern upgrade, making MEET stock a potential winner even amid the pandemic. The Meet Group has recently announced the rollout of an interactive game known as Blind Date. This will be an addition to The Meet Group's popular NextDate game, which "is like speed dating, except that there's an audience and the contestant gets to choose the specific people they'd like to connect with," according to CEO Geoff Cook. The Blind Date game will be integrated into The Meet Group's MeetMe, Skout, and Tagged. It will also be integrated into Match Group's Plenty of Fish. Blind Date should serve to increase user engagement. MEET stock could easily reclaim its former high point as the company's innovative spirit could bring people back into the dating game again.

by Louis Navellier
See full article at Investorplace

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The Meet Group Releases Blind Date to MeetMe, Skout, Tagged, and Plenty Of Fish

Posted on June 23, 2020

Pof blind datePRESS RELEASE – June 23 – The Meet Group, a leading provider of interactive dating solutions, has released Blind Date, a new interactive game rolled out to The Meet Group's MeetMe, Skout, and Tagged mobile apps, as well as Match Group's Plenty of Fish. The new feature will allow users to meet and date through a timed video chat that is based on personality rather than appearance. "A recent survey of MeetMe users found that 91% of members wish that dating was more focused on personality, and 77% would chat with someone before seeing what they looked like," said Geoff Cook, CEO of The Meet Group. "We are seeing that our members value personality over attractiveness, and with Blind Date, they are given the opportunity to chat first and gain a sense of who they are connecting with."

See full article at The Meet Group website

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The Meet Group Launches Monetization on Gay Dating App GROWLr

Posted on June 11, 2020

Growlr virtual giftsBUSINESSWIRE – June 11 – The Meet Group, a leading provider of interactive dating solutions, allows GROWLr's members to send virtual gifts inside the app. Some of the virtual gifts available range from teddy bears, rainbows and roses, to the top gift of a dragon, worth 100K credits. "The launch of virtual gifting is very exciting for the community," said Geoff Cook, CEO of The Meet Group. "Not only does gifting provide a new way for our members to express themselves and connect with others, we also expect it to increase video engagement across the dating app, just like we've seen on MeetMe, Skout, and Tagged."

See full article at Businesswire

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Prosieben to Float Its Dating Business in 2022

Posted on June 10, 2020

Prosiebensat logoFINANZEN.AT – June 10 – ProSieben is planning to spin off its dating business unit from the subsidiary Nucom and "bring it to the stock exchange at the right time at a profit," said board spokesman and CEO/CFO Rainer Beaujean. "We are currently targeting the 2022 financial year for this." ProSiebenSat.1 announced the acquisition of The Meet Group through Nucom for ~$500M in March. The meet shareholders approved the deal last week, now the antitrust authorities still have to agree. Prosieben will hold 55% of the merged online dating business, including the former Parship Group (Parship, ElitePartner, eharmony), and General Atlantic will hold 45%. The Parship Group was valued at €726M on the transaction's announcement date. "We are convinced that the takeover of The Meet Group will generate very high additional value," said Beaujean.

See full article at Finanzen.at

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CEO of ProSieben Dismisses Merger Speculation

Posted on June 10, 2020

Prosiebensat Rainer BeaujeanREUTERS – June 10 – ProSiebenSat.1 Media's new CEO resisted calls for a European TV industry merger. Rainer Beaujean, hired in March to run the German broadcaster after predecessor Max Conze's pivot to digital commerce unravelled, is under pressure to deliver better growth and profits as investors led by Italy's Mediaset circle. Beaujean vowed to chart a course to returns on capital of ~15%, saying he had made the company "storm-proof" in the face of a 40% slump in ad revenues. "A trans-European merger would bring few synergies," Beaujean said. ProSieben was not in strategic talks either with Mediaset or Daniel Kretinsky's Czech Media Invest, both of which have amassed double-digit stakes. ProSieben plans to float its online dating business in 2022.

by Douglas Busvine
See full article at Reuters

ProSiebenSat.1’s Shareholders Might Partner to Acquire the Company

Posted on June 2, 2020

Prosiebensat logoSEEKING ALPHA – May 30 – KKR & Co has built a 5.21% stake in ProSiebenSat.1 Media SE which makes it the third largest shareholder. Mediaset SpA has increased its stake to 24.2% while Czech Media Invest owns 10%. While KKR claims that the investment is of purely financial nature, it might be the first sign of an upcoming acquisition and privatization of ProSiebenSat.1. In order to do that, KKR could partner with one (or both) of the company's biggest shareholders. ProSiebenSat.1 intends to refocus on the entertainment business. However, the group's second pillar – NuCom – does not really fit into that picture. Therefore, it might indeed make sense to separate the two businesses. NuCom might be spun off or sold. General Atlantic owns 28.4% of NuCom. NuCom was valued with an enterprise value of €1.8B in early 2018. If sold today, it is surely worth considerably more, as it has been growing steadily and maintained profitability. The company is growing both organically and through acquisitions. ProSiebenSat.1 and General Atlantic have reached an agreement to purchase The Meet Group for ~$500M. Meet will be integrated into NuCom's online dating business.

by Christoph Liu
See full article at Seeking Alpha

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