How much Playboy paid for Adult.com

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  • warlock5
    Confirmed User
    • Jan 2004
    • 2808

    #1

    How much Playboy paid for Adult.com

    May be I'm late with this news.. but Playboy's recent SEC filings said they paid $12 million for an "online distribution business" which I am told is ICS.

    "At the end of the third quarter, we acquired an online distribution business to complement our current online business for consideration of $12.0 million, of which $8.0 million was paid at closing, with an additional $2.0 million payable on each of the first and second anniversaries of the closing. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business."

    "In order to create opportunities to promote our websites to a broader audience and enhance our current product offerings, at the end of the current year quarter we acquired an online distribution business with an extensive affiliate network. Pursuant to the asset purchase agreement, we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business. As contingencies have not been met as of September 30, 2005, these amounts are not recorded. If future payments are made based on contingencies being met, amounts will be recorded as a combination of additional purchase price and compensation expense."

    See their SEC filings here: http://finance.yahoo.com/q/sec?s=PLA
  • Pipecrew
    Master of Gfy.com
    • Feb 2002
    • 14888

    #2
    been posted on a few other boards already.

    Comment

    • MikeVega
      **Porntrepreneur**
      • Jul 2004
      • 12788

      #3
      that sounds about right ..


      Mike Vega-ICQ:253868499-AIM:mikeydicevega

      Comment

      • Headless
        Registered User
        • Jan 2001
        • 26727

        #4
        thats fucking hot....

        Comment

        • seeric
          ..........
          • Aug 2004
          • 41917

          #5
          i heard it was 9,343,987,432,749,435.00

          Comment

          • LiveDose
            Show Yer Tits!
            • Feb 2002
            • 25792

            #6
            noice!!!

            Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

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            • phonesex
              Confirmed User
              • Mar 2005
              • 3437

              #7
              decent amount

              Comment

              • Eve
                Confirmed User
                • Dec 2002
                • 805

                #8
                It's only worth $12m? I'm surprised.
                I'm waiting for the Mr Fushion Fleshlight so I can wank my way back to the future!

                Comment

                • Kinky John
                  Confirmed User
                  • Sep 2005
                  • 655

                  #9
                  Better than a kick in the wedding tackle

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                  • GTS Mark
                    Vrume Mark
                    • Jan 2001
                    • 20912

                    #10
                    Well that is great, very happy for Lens

                    DH

                    Comment

                    • Brad Mitchell
                      Confirmed User
                      • Nov 2001
                      • 9813

                      #11
                      Damn! Way to go Lens!

                      Brad
                      President at MojoHost | brad at mojohost dot com | Skype MojoHostBrad
                      71 industry awards for hosting and professional excellence since 1999

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                      • WiredGuy
                        Pounding Googlebot
                        • Aug 2002
                        • 34512

                        #12
                        Damn, I was pretty close between some other people I was talking with. I was aiming for the $15mil range.
                        WG
                        I play with Google.

                        Comment

                        • wallst
                          Confirmed User
                          • Aug 2004
                          • 1621

                          #13
                          yeah, i found that on the Q myself. wondering what the ICS acronym stands for...
                          Earl Miller Cash
                          20th Congress

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                          • adultchica
                            Confirmed User
                            • Sep 2005
                            • 5141

                            #14
                            I'm still not sure what ICS stands for..but..it says that on my aff. checks that I have gotten from AdultPlatinum/Realitycash/Playboycash.

                            I think it's great for Lens and the crew and they can sit back, relax, and enjoy!

                            Comment

                            • DaddyHalbucks
                              A freakin' legend!
                              • Feb 2004
                              • 18975

                              #15
                              Nice job, Lens!
                              Boner Money

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                              • win2000
                                Why does my mouse have brown stains?
                                • Sep 2005
                                • 318

                                #16
                                maybe a big money



                                Platinum Bucks,I have got nice ratio

                                Comment

                                • wallst
                                  Confirmed User
                                  • Aug 2004
                                  • 1621

                                  #17
                                  Originally posted by adultchica
                                  I'm still not sure what ICS stands for..but..it says that on my aff. checks that I have gotten from AdultPlatinum/Realitycash/Playboycash.

                                  I think it's great for Lens and the crew and they can sit back, relax, and enjoy!
                                  yeah thanks. i listened to christie say that she was uncomfortable talking about the specifics of the ICS addition and told investors that they would provide 'highly leveraged traffic'.
                                  Earl Miller Cash
                                  20th Congress

                                  Comment

                                  • Shooting_Maniac1
                                    Confirmed User
                                    • Nov 2005
                                    • 417

                                    #18
                                    Whats really going to be interesting is that Playboy is a publically traded company. Those type of audits are a bitch and justifying every cent is part of the game. Not going to leave any room for error in justifcation of income, based on sale, payouts to affiliates.

                                    Comment

                                    • WiredGuy
                                      Pounding Googlebot
                                      • Aug 2002
                                      • 34512

                                      #19
                                      ICS = Internet Commerce Services
                                      WG
                                      I play with Google.

                                      Comment

                                      • win2000
                                        Why does my mouse have brown stains?
                                        • Sep 2005
                                        • 318

                                        #20
                                        adult.com is the best domain in the biz ,
                                        Last edited by win2000; 11-11-2005, 08:41 PM.



                                        Platinum Bucks,I have got nice ratio

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                                        • seeric
                                          ..........
                                          • Aug 2004
                                          • 41917

                                          #21
                                          lens deserves it, he's been around as long as i can remember. i've only been hangiong around since 2000. this biz is tough. kudos to them. not just anyone can make a deal with PB.

                                          Comment

                                          • Red Ezra
                                            redezra.com
                                            • May 2004
                                            • 4680

                                            #22
                                            this internet looks like its catching on

                                            Comment

                                            • Paraskass
                                              Confirmed User
                                              • May 2002
                                              • 5829

                                              #23
                                              that is hot. Maybe africa will buy my domain www.africanvagina.com

                                              Comment

                                              • Doctor Dre
                                                Too lazy to set a custom title
                                                • Jan 2001
                                                • 51692

                                                #24
                                                Christ ... stupid guys saying "only 12 mills"... I don't know what business you think you are in ... but 12 mills is a whole lot of $.
                                                Originally posted by rayadp05
                                                I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

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                                                • BlingDaddy
                                                  Confirmed User
                                                  • Apr 2004
                                                  • 6343

                                                  #25
                                                  Quite interesting....
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                                                  • CuriousToyBoy
                                                    Crazy Aussie Bastard
                                                    • Aug 2005
                                                    • 16787

                                                    #26
                                                    Originally posted by Eve
                                                    It's only worth $12m? I'm surprised.
                                                    One would suggest that there may also have been consideration in the form of stock and/or stock options, and NOT forgetting the retenton of Lens and his team and rewards and recompense for that.

                                                    Final figure likely FAR FAR higher in real terms.

                                                    Timmy or other of the Mobbucks crew probably better positioned )experientially speaking) to ruminate on cash vs options generalizations.

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                                                    • Paul Markham
                                                      Too old to care
                                                      • Jun 2001
                                                      • 52942

                                                      #27
                                                      Originally posted by Eve
                                                      It's only worth $12m? I'm surprised.
                                                      I would of said it was worth more. Though who knows what the performance payments relate to.

                                                      I would say a business with senior personel are worth 3 years income. GFY must be worth close to that alone.



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                                                      Comment

                                                      • Manowar
                                                        jellyfish  
                                                        • Dec 2003
                                                        • 71528

                                                        #28
                                                        Nicely done Lens

                                                        Comment

                                                        • emthree
                                                          Dialer Kingpin
                                                          • Jun 2003
                                                          • 10816

                                                          #29
                                                          Lens is balling hard

                                                          • Sell Patches & Pills •

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                                                          • zipprice
                                                            Too lazy to set a custom title
                                                            • Mar 2005
                                                            • 1009

                                                            #30
                                                            wow that is a lot of cash

                                                            Comment

                                                            • imaginax
                                                              Confirmed User
                                                              • Jun 2002
                                                              • 463

                                                              #31
                                                              12 million cash, so Lens never has to work again.
                                                              imaginax - Design is Art
                                                              ICQ: 279-723-701

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                                                              • Due
                                                                Confirmed User
                                                                • Mar 2001
                                                                • 3620

                                                                #32
                                                                They must have paid Lensman $3 million since they paid $9 million for my TGP.
                                                                It is a good TGP though, just need minor changes and it will make a huge proffit, just didnt have time for it since I'm working on bigger projects
                                                                I buy plugs
                                                                Skype: Due_Global
                                                                /Due

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                                                                • kmanrox
                                                                  aka K-Man
                                                                  • Oct 2001
                                                                  • 29295

                                                                  #33
                                                                  Lens, if you want a man on the side, i'll be your bitch....
                                                                  Crypto HODLr
                                                                  Crypto mining
                                                                  Angel investor

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                                                                  • TexasDreams
                                                                    former Miserable Admin :)
                                                                    • Oct 2003
                                                                    • 4700

                                                                    #34
                                                                    Originally posted by adultchica
                                                                    I think it's great for Lens and the crew and they can sit back, relax, and enjoy!
                                                                    I'm sorry but I just can't help it. Lens sitting back, and relaxing?!?!?!




                                                                    ICQ: 168-914-369 >>> sysop [at] TexasDreams [dot] com

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                                                                    • ffmihai
                                                                      keep walking...
                                                                      • Jun 2002
                                                                      • 7177

                                                                      #35
                                                                      i thought its worth more too.. i wonder what salary has lensman now? :D

                                                                      Comment

                                                                      • Dalai lama
                                                                        Strength and Honor
                                                                        • Jul 2004
                                                                        • 16540

                                                                        #36
                                                                        Originally posted by adultchica
                                                                        I think it's great for Lens and the crew and they can sit back, relax, and enjoy!
                                                                        I dont think that will happen ;)

                                                                        A program you can trust.
                                                                        Gallerybooster Run multiply TGPs of 1 script

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                                                                        • Drake
                                                                          Hello world!
                                                                          • Mar 2003
                                                                          • 12508

                                                                          #37
                                                                          Nice....

                                                                          Comment

                                                                          • Anarchist
                                                                            Registered User
                                                                            • Nov 2005
                                                                            • 28

                                                                            #38
                                                                            $13 and a bag of chips, right?

                                                                            Comment

                                                                            • woj
                                                                              <&(©¿©)&>
                                                                              • Jul 2002
                                                                              • 47882

                                                                              #39
                                                                              not bad at all...
                                                                              Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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                                                                              • hova
                                                                                Traffillionaire
                                                                                • Jan 2002
                                                                                • 22430

                                                                                #40
                                                                                That sounds about tight, I said it was about 15-15 mill
                                                                                http://traffillions.com/

                                                                                Sign up and get lifetime revshare on your traffic

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                                                                                • JFK
                                                                                  FUBAR the ORIGINATOR
                                                                                  • Jan 2002
                                                                                  • 67373

                                                                                  #41
                                                                                  Originally posted by adultchica
                                                                                  I'm still not sure what ICS stands for..but..it says that on my aff. checks that I have gotten from AdultPlatinum/Realitycash/Playboycash.

                                                                                  I think it's great for Lens and the crew and they can sit back, relax, and enjoy!
                                                                                  First I dont think Lens is the type of guy who just sits back, second,did you read this?
                                                                                  "we are obligated to pay future contingent earnout payments, payable over a five-year period, based primarily on the financial performance of the acquired lines of business." That means he will have to hustle as much as ever, for the next 5yrs anyways

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                                                                                  • adultchica
                                                                                    Confirmed User
                                                                                    • Sep 2005
                                                                                    • 5141

                                                                                    #42
                                                                                    Well now I feel like an ass.

                                                                                    At least he can work hard with millions in his pocket?

                                                                                    Comment

                                                                                    • SkeetSkeet
                                                                                      Confirmed User
                                                                                      • Oct 2005
                                                                                      • 5404

                                                                                      #43
                                                                                      nice $4 million still cumming

                                                                                      ICQ 283633188

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                                                                                      • EroticySteve
                                                                                        Confirmed User
                                                                                        • Mar 2005
                                                                                        • 4365

                                                                                        #44
                                                                                        You can buy a lot of Fleshlights with that money.
                                                                                        You deserve to make more money. I'll help you do that.
                                                                                        Our affiliates earn up to $3/email or $107/sale

                                                                                        email steve <at> eroticy.com - icq 290153464

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                                                                                        • georgeyw
                                                                                          58008 53773
                                                                                          • Jul 2005
                                                                                          • 9865

                                                                                          #45
                                                                                          Originally posted by NaughtyWhores
                                                                                          One would suggest that there may also have been consideration in the form of stock and/or stock options, and NOT forgetting the retenton of Lens and his team and rewards and recompense for that.

                                                                                          Final figure likely FAR FAR higher in real terms.

                                                                                          Timmy or other of the Mobbucks crew probably better positioned )experientially speaking) to ruminate on cash vs options generalizations.

                                                                                          I'm sorry I just couldn't go past this
                                                                                          "experientially and ruminate"? writing your own dictionary?
                                                                                          TripleXPrint on Megan Fox
                                                                                          "I would STILL suck her pussy until her face caved in. And then blow her up and do it again!"

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                                                                                          • Mutt
                                                                                            Too lazy to set a custom title
                                                                                            • Sep 2002
                                                                                            • 34431

                                                                                            #46
                                                                                            Originally posted by uproared
                                                                                            It wasn't just $12 million...

                                                                                            The report clearly states: "...we are obligated to pay future contingent earnout payments, payable over a five-year period..."

                                                                                            I'm guessing that will add to the price tag significantly. Furthermore, Lens will still receive wages, etc. for operating the company.

                                                                                            "As contingencies have not been met as of September 30, 2005, these amounts are not recorded. If future payments are made based on contingencies being met, amounts will be recorded as a combination of additional purchase price and compensation expense."

                                                                                            You can bet those targets/contingincies are high - gotta earn those by growing.

                                                                                            very hard to cash out of this business - Lensman might be the only one who has - other big programs have to stay in biz because there are really no buyers out there that have 12 million dollars in cash to buy anything.
                                                                                            I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

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                                                                                            • Taboo
                                                                                              Confirmed User
                                                                                              • Jul 2004
                                                                                              • 3700

                                                                                              #47
                                                                                              Congrats to Lens & Playboy... win/win situation. Too many people mis-reading it as "ONLY" $12M. There's more money down the pipeline based on performance & revenue goals/growth. $12M may not be a lot in mainstream, but in Adult, it's one of the largest deals out there... can't wait to see who buys Playboy.

                                                                                              Comment

                                                                                              • MaxCandy
                                                                                                Confirmed User
                                                                                                • Sep 2003
                                                                                                • 3750

                                                                                                #48
                                                                                                no wonder Playboy asks me to pay my own Fedex bills now, they gave all their money to Lens
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                                                                                                • Validus
                                                                                                  Confirmed User
                                                                                                  • Jul 2001
                                                                                                  • 4012

                                                                                                  #49
                                                                                                  Being public has many disadvantages, as everybody can see what you are doing. We sometimes have the same problems, but I guess that is the price of being public.

                                                                                                  The adult business will undoubtedly continue to grow in the future and investing in this sector is a smart move. Companies are going to become more and more corporate, vanish, or be purchased by larger organizations.

                                                                                                  Comment

                                                                                                  • SomeCreep
                                                                                                    :glugglug
                                                                                                    • Mar 2003
                                                                                                    • 26118

                                                                                                    #50
                                                                                                    50

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