PlanetOut Inc.

Type: Public
On the web: http://www.planetoutinc.com

At least one company has a queer eye for the media. PlanetOut provides media products and related services to lesbian, gay, bisexual, and transgender (LGBT) consumers. Its operations include the flagship Web sites PlanetOut.com and Gay.com, which both feature personals, chat, news, shopping guides, and community services. Other holdings include e-commerce site BuyGay.com, and Web and print publications of LGBT magazines "Out" and The Advocate. The company also publishes books through deals with Alyson and Publishers Distributing Co. Revenues come from subscription, e-commerce, newsstand, and advertising sales. The company is selling its magazine and book publishing businesses to focus on its Internet holdings.

Key numbers for fiscal year ending December, 2007:
Sales: $53.0M
One year growth: (22.8%)
Net income: ($51.2)M

Officers:
CEO and Director: Karen Magee
VP Business and Legal Affairs and Secretary: Todd A. Huge
VP Corporate Communications and Investor Relations: Kevin Nyland

Competitors:
Gay Financial Network
here! Networks
Yahoo!

PlanetOut Inc.
Type	Public (NYSE: LGBT)
Founded	1995
Headquarters	San Francisco, CA
Key people	Karen Magee, CEO Lowell Selvin, Chairman Mark Elderkin, Founder Gay.com
Products	Gay.com PlanetOut.com The Advocate Out Magazine
Employees	131
Slogan	PlanetOut seeks to connect, enrich and illuminate the lives of LGBT people everywhere.
Website	www.planetoutinc.com

PlanetOut Inc., a public company, is the leading global media and entertainment company exclusively targeting a segment of the LGBT demographic. It operates several LGBT-themed web sites including Gay.com and PlanetOut.com, and in November 2005 acquired LPI Media, the publisher of The Advocate, Out Magazine, HIV Plus, and Alyson Books.

In addition to acquiring RSVP Vacations, a gay cruise and events company, PlanetOut also maintains ownership of Specialty Publications, publishers of the three largest gay pornographic periodicals in the United States including Men, [2], Unzipped, and Freshmen. In May 2007, PlanetOut announced it would consider selling its interest in Specialty Publications in order to compensate for ongoing financial losses.^[1]

References

1. ^ GAYVN, "SpecPub Up for Sale" [1]

External links

• PlanetOut Inc. Corporate Site
• Gay.com Home Page
• PlanetOut Home Page

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)