Online Personals Watch: News on the Dating Industry and Business
Online Personals Watch - Illuminating the top dating industry news since 2004
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Opw sponsors September 16

Match.com Not Immune To Stabbing Victim's Suit 

Lawsuit newLAW.COM - Sep 2 - A woman who was brutally attacked by a man she met on Match.com can sue the dating site for failure to warn under a Nevada state law, the U.S. Court of Appeals for the Ninth Circuit ruled Thursday. The decision raised concerns for dating sites about what they should be doing to warn its customers. Mary Beckman met Wade Ridley on Match.com in 2010. In Jan 2011, Ridley repeatedly stabbed Beckman, causing injuries that resulted in multiple surgeries. Beckman, whose suit seeks $10M, alleged that Ridley had met and attacked other women using Match.com prior to her attack and that Match.com knew that Ridley was a threat to site users.

by Ross Todd
See full article at Corporate Counsel

See all posts on Match.com

Summarized by the Courtland Brooks team

Lloyd Miller Is Quietly Increasing Shares In Spark Networks 

Sparknetworks logo new Jan 13CONSUMER EAGLE - Sep 2 - The major shareholder of Spark Networks, Lloyd Miller, has just obtained ~ 568k shares of the company, coming to a total transaction of $938K. Lloyd is trying to quietly increase his company's share, same as he did in the last month. He acquired another 1.05M shares worth $1.61M. Lloyd Miller now has ownership of 5.35M shares of the company. Osmium Partners holds 7.35% of its portfolio in Spark Networks for 3.45M shares.

by Darren Black
See full article at Consumer Eagle

See all posts on Spark Networks

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Kelly Steckelberg Has Fallen In Love With Creating Opportunity At Zoosk 

Zoosk kelly steckelberg sep 2016SBN ONLINE - Sep 1 - Kelly Steckelberg didn't grow up with aspirations to become a CEO. She has a background in finance and accounting and hoped to one day be a CFO at a public company. She was named CEO of Zoosk in Dec 2014. "It was certainly a stretch and I've learned a ton in the last year and a half", she said. "One of the things I promoted is to be transparent," Steckelberg says. "We're going to be transparent about financial results and the issues that we face." As she looks to the future, Zoosk is both confident and curious about what the years ahead will bring to Zoosk and the world of online dating. She is confident the number of people who do online dating will only continue to grow.

by Mark Scott
See full article at SBN Online

See all posts on Zoosk

Summarized by the Courtland Brooks team

ProSieben Buys Majority Of Online Dating Group Parship Elite 

Parship elitepartner logosREUTERS - Sep 5 - German broadcaster ProSiebenSat.1 is buying a majority stake in German online dating group Parship Elite in a deal valuing the company at 300M Eur ($335M) to expand its digital portfolio. ProSieben is paying 100M Eur for 50% plus one share in Parship Elite Group, which operates Parship and Elite Partner in the German-speaking world. It will also replace loans worth 100M Eur with preferred capital bearing a fixed rate of interest. The previous owners, Oakley Capital Private Equity II and the existing management, will keep just under 50% of shares in the group.

by Maria Sheahan
See full article at Reuters

See all posts on ElitePartner
See all posts on Parship

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

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