“We are extremely pleased that here! Networks will be the new parent
company for our publishing business,” said Karen Magee, Chief Executive
Officer, PlanetOut Incorporated. Here!, through parent production company Regent
Entertainment, expects to use the mags to
promote the coming-out-story flesh fests that make up the basis of Regent’s
No doubt. Specialty Publications, in particular, was seen as an
impediment to a long-anticipated sale of PlanetOut Inc. (Gay.com’s parent
company had retained Allen & Company to help broker a deal), possibly to a larger media conglomerate whose shareholders might have balked at the idea of owning a softcore-porn publishing company. (Specialty Publications also had a now-discontinued hardcore video line filmed by Chi Chi LaRue as Unzipped Video – link NSFW). One of the largest profit sources for the company, Gay.com Personals, has faced a relentless assault of competition from sites like Manhunt and Craigslist, as well as social networking sites like MySpace and DList.
While Out maintains a healthy ad revenue business, the more political
Advocate has recently gotten meth-skinny as online sources for gay news
have grown, including here!-rival Logo’s 365gay.com. Bill
Gates, through his Cascade Investment arm, had helped fund PlanetOut
last summer which had suffered financial declines after the companies
2004 IPO. PlanetOut stock dropped 20% on the news.
PlanetOut Inc Enters Binding Letter of Intent for Sale of Publishing Businesses (Yahoo! Business)
What’s Up with PlanetOut (Queerty.com)
The Suckiest Job In Gay Media (Gawker.com)
Below: "The Long Stroke," the cable news spoof, the candid photos, your new favorite euphemism and the great Christian retreat.
Show me an anti-gay activist and I'll show you someone who likes to fuck male hookers. Unzipped has tracked down the rabid homophobe George Reker's hooker. Is it a coincidence that the muscle twink sort of looks like Jesus?
Here's a contender for Gay Hooker Murderer Coverboy of the Year. 16-year-old Daniel Kovarbasich is accused of stabbing a 55-year-old married man to death. Evidence will include a dented pickle jar and gay porn. Also 50 stab wounds.
Darren Chiacchia, an equestrian who won an Olympic bronze medal in Athens, failed to have the "I just tested positive for HIV" talk with his boyfriend, so his boyfriend went to the police.
Dogs are not man's best friend if that man is a drugfucked circuit party homowhore who lives in Australia.