OTS Media to acquire LightSpeedCash, Hustler and ARS - GoFuckYourself.com

BrettJ · 04-01-2003, 05:00 PM

Seattle, WA April 1, 2003 - On The Spot Media, also known as On The Spot, dba DormAngels.com and as DormDevils.com , today announced a definitive intent to acquire the business of privately held Flynt Internet, Ltd (Hustler, BarelyLegal), PuffPuff Media (LightspeedCash) , and Innovative Ideas (Adult Revenue Service, ARS). These 3 firms represent the leading providers of online adult entertainment with products for a wide variety of end users. This acquisition represents On The Spot's entry into niche markets outside of their current position cornering the Amateur College Girl market, these 3 firms representing the leaders in niche and fetish porn are expected to grow from $3.7 billion in 2002 to $7.5 billion in 2006 worldwide (sources: compiled from Nua Internet Survey). This acquistion, when complete, will allow On the Spot to Provide the highest quality adult entertainment to the exacting standards of the global customer.

At the request of the parties, the exact terms of this agreement are confidential.

This release may be deemed to contain forward-looking statements which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding the potential growth of the market in which Hustler, ARS, and Lightspeed operate, the anticipated impact of this acquisition on On The Spot's future results of operations, the anticipated timing of closing, the anticipated benefits of the combination of Hustler, Lightspeed, and ARS with On The Spot and trends in business conditions.

Hardcore J · 04-01-2003, 05:08 PM

No shit? Congrats Brett.

BrettJ · 04-01-2003, 05:24 PM

NOooooooooooooooo. but give me a year ;)

04-01-2003, 05:00 PM	#1
BrettJ ol' timer Industry Role: Join Date: Jan 2001 Location: Seattle WA Posts: 4,715	OTS Media to acquire LightSpeedCash, Hustler and ARS Seattle, WA April 1, 2003 - On The Spot Media, also known as On The Spot, dba DormAngels.com and as DormDevils.com , today announced a definitive intent to acquire the business of privately held Flynt Internet, Ltd (Hustler, BarelyLegal), PuffPuff Media (LightspeedCash) , and Innovative Ideas (Adult Revenue Service, ARS). These 3 firms represent the leading providers of online adult entertainment with products for a wide variety of end users. This acquisition represents On The Spot's entry into niche markets outside of their current position cornering the Amateur College Girl market, these 3 firms representing the leaders in niche and fetish porn are expected to grow from $3.7 billion in 2002 to $7.5 billion in 2006 worldwide (sources: compiled from Nua Internet Survey). This acquistion, when complete, will allow On the Spot to Provide the highest quality adult entertainment to the exacting standards of the global customer. At the request of the parties, the exact terms of this agreement are confidential. This release may be deemed to contain forward-looking statements which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding the potential growth of the market in which Hustler, ARS, and Lightspeed operate, the anticipated impact of this acquisition on On The Spot's future results of operations, the anticipated timing of closing, the anticipated benefits of the combination of Hustler, Lightspeed, and ARS with On The Spot and trends in business conditions.

04-01-2003, 05:08 PM	#2
Hardcore J Hardcore 4 Life™ Join Date: Mar 2003 Location: Everett, WA Posts: 2,553	No shit? Congrats Brett.

04-01-2003, 05:24 PM	#3
BrettJ ol' timer Industry Role: Join Date: Jan 2001 Location: Seattle WA Posts: 4,715	NOooooooooooooooo. but give me a year ;)