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OkCupid acquired by Match.com for $50 million

Posted by Andru Edwards Categories: Acquisitions, Startups,

IAC on Tuesday announced that its popular dating site, Match.com, has acquired smaller rival OkCupid for $50 million.

In a statement, Greg Blatt, chief executive of IAC, said OkCupid was the "best" and "fastest-growing site" in 2010.

"We know that many people who start out on advertising-based sites ultimately develop an appetite for the broader feature set and more committed community, which subscription sites like Match.com and Chemistry.com offer, creating a true complimentary relationship between our various business models," Blatt said.

Click to continue reading OkCupid acquired by Match.com for $50 million


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Spread Your Tunes on IACmusic

Posted by Sheila Franklin Categories: Internet, Music,

IACmusic logoIndependent Artist Company Music is apparently drumming up business, as we received an e-mail from them telling us that they thought we should open up an account. While it’s true we can’t play the violin, we thought the least we could do is let them know that we think that was a noble effort on their part. If you profess be an indie musical whiz, sign up for the service, build DMDs via their Ultrapage, then sell them and keep the profits. By the way, IAC has station managers to help you promote your tunes if they suspect you have talent.

(Thanks, Toby)

Read More | IACmusic

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