Webcams and Brazzers sold to Virage Media for 140m
 

Or that is what I hear...

fucking-around-and-business-discussion/958211-brazzzers-sold.html

I guess its running rampant now.

bob rice if hes out there scanning let us know if its true

Yeah, that thread is lame, it doesn't name the buyer, the price, or webcams.com

I win.

As I understand it, Virage owns the whole kit and kaboodle Mansef wise tubes, dating, porn...the whole 9.

I need to start my own thread about Brazzers being sold too

if this turns out to be true it doesn't mean the US government's or TopBuck's lawsuits are going away. not sure how the TopBucks lawsuit would affect a new owner, the lawsuit is against the parent company.

i'd rather have webcams.com than Brazzers, too much legal liability with the tube sites and Brazzers paysite operation is expensive and so dependent on spending that same money and keeping a production staff in place that maintains the quality. we've seen major paysite programs who have lost their mojo for various reasons. webcams.com is more predictable.

better get that money in cash - look at Lars, Penthouse paid 500 million for AFF/Cams and it's almost all still owing to them without Penthouse having a way to pay it.

Get some facts then.

I'm no lawyer but I believe the liability is transferred.

Well, did they buy the company or the assets of the company? If they bought the assets of the company (websites, domains, etc) and the lawsuit is against the company that holds those assets, then it seems to me that the lawsuit would not affect the new owners.

But I'm not a lawyer, nor do I play one on GFY.

You saw Brazzers and raised them Webcams.

I see your Brazzers and Webcams and raise you AFF with a purchase price of $223 million! :)

So what's all of this liability not being transferred?

Part of any acquisition is due diligence including sniffing out existing and even potential lawsuits so that you do not end up assuming unknown liabilities.

Perhaps things have changed or I'm not as versed in International acquisitions as I had hoped.

It was either a due diligence gaffe or they know more about what's going on, on the legal end, than we do and the move is tactical. The latter is likely the case but you never know. :thumbsup

They got some major bank!

Nothing stopping them from saying "$13 or so million in outstanding potential liability, we'll reduce the purchase price by X"

I just don't get how everybody thinks how if you sell your company everything bad suddenly goes away for both the seller and the buyer.

So will this influence me doing biz with webcams.com?

bling bling...

Lawsuits are a liability on the books... ie net worth minus liabilites and are calculated into the worth of a company. Lawsuits in business are a just that Business. Check At&T or any major corporation and see how many lawsuits they have against them and they are always listed as liabilities or potential loses on the books.

This aint a criminal suit its a business civil suit.

It would have been figured into to the sale of the company. A check might have been written to Pink Visual and the US Gov that same day. It might have been part of the settlement who knows.
I am sure in the next little while you will hear.

But it does tell you one thing that there is still a lot of money in this business and that there is a strong belief that there will continue to be...:2 cents:

so far its just a rumour.

Closest to truth so far. Little more then 140 for both it went.

They stole all your porns and made millions. Congrats!

Webcams.com was sold over a month ago ;)

Congrats if they really sold.

:2 cents::2 cents:

um that was cool ;;;;;;;;

so whats not correct about it ?

I can answer that one: naivety. It comes from using the internet for nothing more than 'fapping one off' to a 3 minute clip on a tube site or trolling GFY. lol :upsidedow

Now that is some MONEY !!!

there is no money in porn / tubes. this must be a lie.

The figure. It's more, but he's close. And webcams did sell before brazzers.
But that other thread is funny :)

For Sale

How long have they been around as that is a serious internet success story. 140 mil in about 3 years?

isnt there ftc rumors going around?

did this sale cross your desk? I remember you posting https://gfy.com/showpost.php?p=16927601&postcount=16

they didnt sale

i don`t know really

No which is very strange.

that made me laugh so hard i almost pee'd a little :1orglaugh:1orglaugh:1orglaugh

I hope the new owners of Webcams.com do something about improving it, it's been a missed opportunity for a long time.

this could get interesting :)