It also sought to tap the powers of social networking with websites such as adultfriendfinder.com, which promoted casual sex, and bigchurch.com, which aimed for spiritual connections.The company and its affiliates comprise a global network of more than 8,000 websites with 220 million members and 750,000 subscribers, according to court documents. N and other social sites have boomed, Friend Finder’s limped.During the survey period it was found, that five percent of responding singles reported that they were current users.
As for the future, Holland, in an apparent swipe at FFN, implied that the plastic-wrapped magazine isn’t going anywhere, though it appears that digital is getting the most attention for the time being."The Penthouse brand has enormous potential and undeveloped possibilities.
In 2007 the company bought Various Inc and its dating websites from Conru and Mapstead for 0 million. Bankruptcy Court papers it plans to issue cash and new debt to holders of 4 million of first-lien notes.
A year later it filed with regulators to raise 0 million in an initial public offering, but when it finally completed the IPO in 2011, Friend Finder raised just million. It also plans to cancel about 0 million in second-lien notes and issue new stock to those debtholders, who will own the company when it exits bankruptcy if the plan receives creditor and court approval.
Additionally, Adult Friend Finder ranked second in terms of adult dating site or app awareness in the United Kingdom, with 17 percent of surveyed individuals who reported that they knew it at least by name.
A major data breach to the "sex and swingers" website Adult Friend Finder could trigger a series of follow-on hacks, security researchers have warned.