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      schrieb am 10.11.05 21:29:49
      Beitrag Nr. 1 ()
      heute vom Low $6,83 auf $8,03

      Gestern wurden die Zahlen und eine Überahme bekannt gegeben. Hier die vielversprechenden Meldungen.


      PlanetOut Reports Third-Quarter 2005 Results

      31-Percent Advertising Revenue Growth and 30-Percent Subscriber Growth,
      Year-Over-Year
      SAN FRANCISCO, Nov. 9 /PRNewswire-FirstCall/ -- PlanetOut Inc. (Nasdaq: LGBT) today reported its financial results for the third quarter ended September 30, 2005.

      "We continued to see solid year-over-year growth across our business in the third quarter, including total revenue of $7.6 million, up 20 percent over the prior year`s quarter; Adjusted EBITDA of $1.5 million, up nine percent over the prior year`s quarter; and GAAP net income of $841,000, or $0.05 per share, up from a loss of $0.25 per share in the prior year`s quarter," said Lowell Selvin, chairman and chief executive officer, PlanetOut Inc.

      "As announced today, we have acquired substantially all of the assets of LPI Media Inc., the publisher of the leading national LGBT magazines, OUT and The Advocate, and acclaimed Web sites such as Advocate.com, OUT.com and related e-commerce sites," Selvin said. "We believe that this transaction will offer advertisers access, across multiple platforms, to the largest LGBT- targeted audience anywhere in the world. We also believe that it will allow us to further accelerate our revenue and earnings growth."

      Third-Quarter Financial Results

      Revenue -- Total revenue for the third quarter of 2005 was $7.6 million, up 20 percent from total revenue of $6.3 million for the third quarter of 2004. Total revenue for the third quarter of 2005 included advertising revenue of $2.1 million, a 31-percent increase from $1.6 million for the third quarter of 2004, and subscription services revenue of $5.1 million, up 17 percent from $4.3 million for the same quarter a year ago.

      Income from Operations and Adjusted EBITDA -- Income from operations for the third quarter of 2005 was $606,000, up 185 percent from $213,000 for the third quarter of 2004. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the third quarter of 2005 was $1.5 million, compared with $1.4 million for the same quarter a year ago. For the third quarter of 2005, both of these items reflected increases in technical infrastructure investments and expenses related to compliance with the Sarbanes-Oxley Act.

      Net Income and Earnings Per Share -- Net income for the third quarter of 2005 was $841,000, or $0.05 per basic and diluted share, compared with a net loss of $29,000, or a net loss of $(0.25) per basic and diluted share, attributable to common stockholders, for the third quarter of 2004.

      "We are pleased with our third-quarter results, which included year-over- year growth of 31 percent in advertising revenue and 30 percent in total paid subscribers," said Jeff Soukup, executive vice president and chief financial officer, PlanetOut Inc. "In addition to our ability to deliver another quarter of strong results, we were also able to accelerate product launches, deliver new features and site enhancements and execute an important acquisition."

      Third-Quarter and Recent Business Highlights

      -- 31% year-over-year advertising revenue growth. In the first half of 2005, PlanetOut`s online display advertising grew 41 percent. By comparison, industry growth rates for online display advertising increased 26 percent in the first half of 2005 over the prior year as measured by the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC).

      -- Launch of affiliate ad network with 365gay.com and extension of PlanetOut`s contract with Google for contextual links and sponsored search.

      -- Launch of PlanetOut Video in September, as planned, to a successful reception from the online community, major movie studios and television networks. Additionally, PlanetOut Video recently added daily and weekly streams from QTN`s original entertainment and news programming.

      -- 30% year-over-year subscriber growth. Total paid subscribers at September 30, 2005 increased to 153,800 from 118,400 a year earlier.

      -- 7.9% subscriber churn, a record low, demonstrating successful execution of subscriber retention efforts and continuing a downward trend from 9.7% in the third quarter of 2004 and 8.0% in the second quarter of 2005.

      -- 23% year-over-year increase in average subscription length from 10.3 months to 12.7 months.

      -- Completed numerous ongoing connection service enhancements with a focus on usability and portability, including mobile chat and text messaging, ongoing site and registration redesign upgrades, and the launch of a robust new email marketing tool.

      -- Launch of an aggressive international marketing campaign, on September 30, 2005, including free promotions for an introductory period, designed to accelerate growth and build additional critical mass in key international markets. Since the launch of this campaign, daily member sign-ups have increased nearly 45 percent on international sites.

      -- 20.2% and 18.3% Adjusted EBITDA margins for the three and nine months ended September 30, 2005, respectively.

      -- Acquired substantially all of the assets of LPI Media, the nation`s largest publisher targeting the gay and lesbian community, further solidifying PlanetOut`s position as the leading media and entertainment company targeting the global LGBT market.

      Business Outlook

      The following statements are based upon PlanetOut management`s current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements. PlanetOut expects to report consolidated financial results for the combined company, including a breakout of organic business growth, in its fourth-quarter earnings announcement and conference call in February 2006, and to provide its business outlook for the combined company at that time.

      With respect to its organic business, PlanetOut is reiterating its prior full-year outlook for 2005 and expects total revenue to be between $30.0 million and $32.0 million, Adjusted EBITDA to be between $5.5 million and $6.5 million and GAAP net income to be between $2.5 million and $3.5 million.

      As of September 30, 2005, PlanetOut had 143,800 paid subscribers in the U.S. and Canada. The company expects paid subscribers in the U.S. and Canada as of December 31, 2005 to be between 147,000 and 150,000. The company is providing these estimates for paid subscribers in the U.S. and Canada to give investors additional information about its anticipated growth in these markets, while it pursues a more aggressive marketing campaign, including free promotions, in other international markets. During the fourth quarter, PlanetOut will continue to recognize revenue from paid subscribers in these other international markets who subscribed to the premium service prior to the launch of this international promotional campaign. The company does not count free subscribers in these calculations until they convert to paid membership status.

      In addition to its organic business growth, the company expects that the LPI acquisition will generate revenue of $2.5 million to $3.5 million in the fourth quarter due to the mid-quarter closing date of the transaction. PlanetOut also expects that EBITDA and net income contributions from the LPI acquisition will be limited in the fourth quarter as it incurs short-term integration and transaction-related expenses.

      PlanetOut`s business outlook for fourth-quarter and full-year revenue, Adjusted EBITDA, and net income reflects several factors, including increased marketing expenses, investments in technology infrastructure and personnel and increased expenses related to compliance with the Sarbanes-Oxley Act.

      Conference Call and Webcast Information

      The company plans to host a conference call and live webcast today at 5:30 p.m. ET/2:30 p.m. PT to discuss its results for the third quarter of 2005, business outlook for the fourth quarter and full year, and the recently announced acquisition of LPI and related entities. Separately, a brief slide presentation may be utilized during the call and webcast from the "Investor Center" section of the company`s corporate website (www.planetoutinc.com). Investors in the United States and Canada can dial 800-218-9073, access code 11042129, to listen to the teleconference. International callers can access the call at 303-262-2140. A telephonic replay will also be available for two weeks after the live call at 800-405-2236 (international callers dial 303-590-3000), access code 11042129.

      Use of Non-GAAP Financial Measures

      This press release discusses Adjusted EBITDA, a non-GAAP financial measure. Readers should not consider Adjusted EBITDA in isolation or as a substitute for net income (loss), operating cash flows or other cash flow statement data determined in accordance with GAAP. Because Adjusted EBITDA is not a measure of financial performance under GAAP and is susceptible to varying calculations, it may differ from and not be comparable to similarly titled measures of other companies. A detailed reconciliation of the pro forma measurement data with comparable GAAP measurement data has been provided as a table following the condensed financial statements accompanying this announcement.

      About PlanetOut Inc.

      PlanetOut Inc. is a leading global media and entertainment company serving the lesbian, gay, bisexual and transgender (LGBT) community. PlanetOut`s media properties include Gay.com, PlanetOut.com, Kleptomaniac.com, and OUT&ABOUT Travel, in addition to the newly-acquired national magazines and acclaimed Web sites of LPI Media Inc. These properties include The Advocate (www.advocate.com); OUT (www.out.com); HIVPlus (www.hivplusmag.com), as well as other publishing, direct marketing and e-commerce properties, including Alyson Publications, SpecPub, Inc. and Triangle Marketing Services, Inc. PlanetOut, based in San Francisco, offers FORTUNE 1000 advertisers access to what it believes to be the most extensive network of gay and lesbian people in the world. For more information, please visit www.planetoutinc.com.

      Forward-Looking Statements

      In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding PlanetOut`s anticipated future growth and financial performance, including growth and financial performance due to the recent acquisition of LPI and its related entities, as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the company`s limited operating history and variability of operating results; the company`s ability to attract and retain subscribers and advertisers; the company`s ability to integrate the acquired assets of LPI and its business units; competition; timing of product launches; and the company`s dependence on technology infrastructure and the Internet. Additional information concerning factors that could affect PlanetOut`s future business and financial results is included in the company`s Annual Report on Form 10-K for the year ended December 31, 2004 and other public filings filed from time to time with the Securities and Exchange Commission (SEC), which are available at the SEC`s website at www.sec.gov.

      All figures reported today are unaudited and may be subject to change.


      PlanetOut Inc.
      Condensed Balance Sheets
      (Unaudited, in thousands)

      Sep 30, Dec 31,
      2005 2004
      Assets
      Current assets:
      Cash and cash equivalents $44,149 $43,128
      Accounts receivable, net 2,188 2,075
      Prepaid expenses and other current assets 1,916 2,209
      Total current assets 48,253 47,412
      Property and equipment, net 7,839 7,011
      Goodwill 3,403 3,403
      Investment in unconsolidated affiliate -- 57
      Other assets 1,049 1,325
      Total assets $60,544 $59,208

      Liabilities and stockholders` equity
      Current liabilities:
      Accounts payable $632 $2,040
      Accrued liabilities 1,393 1,469
      Deferred revenue 4,352 3,506
      Capital lease obligations, current portion 381 998
      Notes payable, current portion 189 190
      Total current liabilities 6,947 8,203
      Capital lease obligations, less current portion 261 491
      Notes payable, less current portion -- 142
      Deferred rent 1,781 1,608
      Total liabilities 8,989 10,444
      Stockholders` equity:
      Common stock 17 17
      Additional paid-in capital 88,224 88,387
      Note receivable from stockholder (603) (603)
      Unearned stock-based compensation (680) (1,619)
      Accumulated other comprehensive loss (121) (106)
      Accumulated deficit (35,282) (37,312)
      Total stockholders` equity 51,555 48,764
      Total liabilities and
      stockholders` equity $60,544 $59,208


      PlanetOut Inc.
      Condensed Statements of Operations
      (Unaudited, in thousands)

      Three Months Ended Nine Months Ended
      Sep 30, Sep 30, Sep 30, Sep 30,
      2005 2004 2005 2004

      Revenue:
      Subscription services $5,077 $4,328 $15,102 $12,167
      Advertising services 2,106 1,604 6,064 4,414
      Transaction services 368 378 1,120 1,278
      Total revenue 7,551 6,310 22,286 17,859

      Operating costs and
      expenses: (1)
      Cost of revenue 2,177 1,941 6,622 6,098
      Sales and marketing 2,551 2,248 7,539 6,234
      General and administrative 1,430 1,263 4,293 3,862
      Depreciation and amortization 787 645 2,455 1,673
      Total costs
      and expenses 6,945 6,097 20,909 17,867

      Income (loss) from
      operations 606 213 1,377 (8)
      Other income (expense),
      net 310 (223) 769 (413)
      Income (loss) before
      income taxes 916 (10) 2,146 (421)
      Provision for income taxes (75) (19) (116) (24)

      Net income (loss) 841 (29) 2,030 (445)
      Accretion on redeemable
      convertible preferred stock -- (438) -- (1,313)
      Net earnings (loss)
      attributable to common
      stockholders $841 $(467) $2,030 $(1,758)

      Net earnings (loss)
      per share:
      Basic (2) $0.05 $(0.25) $0.12 $(0.99)
      Diluted (3) $0.05 $(0.25) $0.11 $(0.99)

      Weighted-average shares
      used to compute net
      earnings per share:
      Basic 17,202 1,841 17,078 1,780
      Diluted 18,200 1,841 18,148 1,780

      Adjusted EBITDA (4) $1,526 $1,395 $4,083 $3,389

      (1) Operating costs and expenses include non-cash charges for stock-based
      compensation.The related amounts of these charges are noted in our
      supplemental disclosure of stock-based compensation expense.
      (2) Basic net income (loss) per share attributable to common stockholders
      is computed using the weighted average number of common shares outstanding
      during the period.
      (3) Diluted net income (loss) per share is computed using the weighted
      average number of common shares that would have been outstanding if the
      dilutive potential common shares had been issued.
      (4) Adjusted EBITDA is a non-GAAP financial measure and is defined as net
      income (loss) before interest, taxes, depreciation and amortization,
      stock-based compensation, equity in net income (loss) of unconsolidated
      affiliate and other income (expense), net.We deduct other income
      (expense), net, consisting primarily of interest income from net income in
      calculating Adjusted EBITDA because we regard interest income to be a non-
      operating item.For clarification, we have provided a reconciliation of
      Adjusted EBITDA to both net income (loss) and income (loss) from
      operations because we believe that these are the most comparable GAAP
      financial measures to Adjusted EBITDA.


      PlanetOut Inc.
      The following table reconciles the calculation of Adjusted EBITDA with
      both net income (loss) and income (loss) from operations for the three
      and nine months ended September 30, 2005 and 2004:
      (Unaudited, in thousands)

      Three Months Ended Nine Months Ended
      Sep 30, Sep 30, Sep 30, Sep 30,
      2005 2004 2005 2004
      Net income (loss) $841 $(29) $2,030 $(445)

      Provision for income taxes 75 19 116 24
      Other income (expense), net (310) 223 (769) 413
      Income (loss) from operations $606 $213 $1,377 $(8)
      Depreciation and amortization 787 645 2,455 1,673
      Stock-based compensation
      expense 133 537 251 1,724
      Adjusted EBITDA $1,526 $1,395 $4,083 $3,389


      PlanetOut Inc.
      Supplemental Disclosure of Stock-Based Compensation Expense
      (Unaudited, in thousands)

      Three Months Ended Nine Months Ended
      Sep 30, Sep 30, Sep 30, Sep 30,
      2005 2004 2005 2004
      Stock-based compensation
      expense:
      Cost of revenue $10 $115 $37 $466
      Sales and marketing 33 149 58 436
      General and administrative 90 273 156 822
      Total stock-based compensation
      expense $133 $537 $251 $1,724

      SOURCE PlanetOut Inc.
      -0- 11/09/2005
      /NOTE TO EDITORS: PlanetOut today also released news of its acquisition
      of LPI Media Inc./
      /CONTACT: Media Relations, Spencer Moore of PlanetOut Inc.,
      +1-415-834-6476, or spencer.moore@planetoutinc.com; or Investor Relations,
      Peter Denardo of Demer IR, +1-415-834-6340, or ir@planetoutinc.com/
      /Web site: http://www.planetoutinc.com /
      (LGBT)

      CO: PlanetOut Inc.
      ST: California
      IN: MLM CPR ENT PUB
      SU: LGB ERN ERP CCA SLS

      JP-JO
      -- SFW102 --
      1001 11/09/200516:30 ESThttp://www.prnewswire.com








      PlanetOut Inc. Acquires LPI Media Inc., Publisher of The Advocate and OUT

      Creates the World`s Largest Gay Media Company, Leading Online and Offline
      Brands Now Under One Roof

      - Purchase price of $31.1 million, plus reimbursement of certain prepaid
      and other expenses.

      - Expected to nearly double PlanetOut`s estimated 2005 pro forma revenue
      and to substantially diversify its revenue mix among advertising,
      subscription and transaction businesses.

      - Combines the largest gay and lesbian media brands and a complementary
      advertiser base.

      - Addresses advertisers` desire to target the gay and lesbian market with
      multi-media marketing and sponsorship programs.

      - Spans a portfolio of platforms, including PlanetOut`s leading network
      of Web sites, the largest circulation LGBT national magazines, local
      and national events, direct mail lists, plus PlanetOut`s new video
      streaming and mobile services.

      - Leverages LPI`s award-winning content across multiple platforms and
      PlanetOut`s unparalleled reach and direct marketing strength to build a
      more efficient subscriber sales channel for LPI.

      SAN FRANCISCO, Nov. 9 /PRNewswire-FirstCall/ -- PlanetOut Inc. (Nasdaq: LGBT) today announced that it has acquired substantially all of the assets of LPI Media Inc., and affiliated direct marketing and publishing entities for $24.0 million in cash and approximately $7.1 million in seller- financed debt. PlanetOut will also reimburse certain prepaid and other expenses totaling approximately $1.0 million. LPI, a privately-held company, is the nation`s leading publisher targeting the gay and lesbian market, distributing more than eight million copies of its magazines each year. LPI publishes The Advocate and OUT, which are the two largest circulation LGBT magazines in the U.S., as well as the acclaimed Web sites Advocate.com, OUT.com and related e-commerce sites. PlanetOut intends to finance the cash portion of the purchase price with cash on hand.

      PlanetOut expects this acquisition to be accretive, with LPI 2005 annual revenues for its consolidated entities currently estimated to be approximately $29.0 million.

      "This transaction will further advance our strategy of building a far-reaching media and entertainment company which aggregates the largest gay and lesbian media brands," said Lowell Selvin, chairman and chief executive officer, PlanetOut Inc. "This combination provides a larger, more diverse foundation for additional growth, particularly in our advertising business, as it becomes a larger percentage of our overall revenue, and it enables us to better reach the markets we serve, driving higher growth in a more cost- effective manner. Besides, this is one gay marriage the laws do allow!"

      STRATEGIC AND FINANCIAL BENEFITS OF THE TRANSACTION

      -- Combines OUT and The Advocate, the two largest circulation LGBT magazines in the U.S., offering attractive cost per thousand impressions (CPMs), ad page growth and renewal rates, with the global online reach of PlanetOut.

      -- Provides PlanetOut with a more balanced revenue mix among advertising, subscription and transaction services. On a pro forma basis, for the first nine months of 2005, the combined entity would have had approximately 41 percent of its overall revenue from advertising, 45 percent from subscriptions and 14 percent from transaction services.

      -- Brings together a complementary advertiser base with mutual strength in the entertainment and travel categories. LPI`s solid accounts list of fashion, retail and consumer packaged goods advertisers augment PlanetOut`s growing base of pharmaceutical and automotive accounts.

      -- Nearly doubles PlanetOut`s estimated 2005 pro forma revenue and is expected to be accretive.

      -- Expected to provide both revenue synergies and expense savings in numerous areas by engaging PlanetOut`s model of high incremental growth and efficient customer acquisition.

      "We believe that the marriage of PlanetOut and LPI will enable us to immediately extend our market reach and broaden our advertiser base," said PlanetOut Inc.President Mark Elderkin. "As a combined entity, we expect to use PlanetOut`s proven ability to drive circulation growth as we deploy our complementary marketing and editorial assets to create cross-platform programs that engage our audience, while providing unique sponsorship opportunities for our advertising partners."

      Conference Call and Webcast Information

      As previously announced, PlanetOut Inc. plans to report its financial results for the third quarter ended September 30, 2005 after the close of market today, November 9, at 4:30 p.m. ET/1:30 p.m. PT. The company`s management will discuss these results and the acquisition of LPI Media in a teleconference and live webcast for all investors at 5:30 p.m. ET/2:30 p.m. PT. Investors in the United States and Canada can dial 800-218-9073, access code 11042129, to listen to the teleconference. International callers can access the call at 303-262-2140. A telephonic replay will also be available for two weeks after the live call at 800-405-2236 (international callers dial 303-590-3000), access code 11042129.

      About LPI Media Inc.

      LPI is the nation`s leading content producer targeting the gay and lesbian community, distributing more than 8.2 million copies of its magazines each year. Its titles and Web sites include The Advocate (www.advocate.com), the community`s leading national news source since 1967; OUT (www.out.com), the popular lifestyle magazine that celebrates the spirit of gay culture, including fashion and style, trends, society, and the arts; and HIVPlus (www.hivplusmag.com), among other titles and online platforms. LPI Media is headquartered in Los Angeles, with additional offices in New York.

      About PlanetOut Inc.

      PlanetOut Inc. is a leading global media and entertainment company serving the lesbian, gay, bisexual and transgender (LGBT) community. PlanetOut`s media properties include Gay.com, PlanetOut.com, Kleptomaniac.com, and OUT&ABOUT Travel, in addition to the newly-acquired national magazines and acclaimed Web sites of LPI and related entities. These properties include The Advocate (www.advocate.com); OUT (www.out.com); HIVPlus (www.hivplusmag.com), as well as other publishing, direct marketing and e-commerce properties, including Alyson Publications, SpecPub, Inc. and Triangle Marketing Services, Inc. PlanetOut, based in San Francisco, offers FORTUNE 1000 advertisers access to what it believes to be the most extensive network of gay and lesbian people in the world. For more information, please visit www.planetoutinc.com.

      Forward-Looking Statements

      In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding the potential synergies, accretive nature and financial impact of PlanetOut`s recent acquisition of LPI and its related entities, as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the company`s limited operating history and variability of operating results; the company`s ability to attract and retain subscribers and advertisers; the company`s ability to integrate the acquired assets of LPI and its related entities; competition; timing of product launches; and the company`s dependence on technology infrastructure and the Internet. Additional information concerning factors that could affect PlanetOut`s future business and financial results is included in the company`s Annual Report on Form 10-K for the year ended December 31, 2004 and other public filings filed from time to time with the Securities and Exchange Commission (SEC), which are available at the SEC`s website at www.sec.gov.

      All figures reported today are unaudited and may be subject to change.
      SOURCE PlanetOut Inc.
      -0- 11/09/2005
      /NOTE TO EDITORS: PlanetOut today also released its financial results for
      the third quarter ended September 30, 2005./
      /CONTACT: Media Relations, Spencer Moore of PlanetOut Inc.,
      +1-415-834-6476, or spencer.moore@planetoutinc.com; or Investor Relations,
      Peter Denardo of Demer IR, +1-415-834-6340, or ir@planetoutinc.com/
      /Web site: http://www.planetoutinc.com /
      (LGBT)

      CO: PlanetOut Inc.; LPI Media Inc.
      ST: California
      IN: MLM CPR ENT PUB MAG
      SU: TNM LGB CCA ERP

      JP-JO
      -- SFW103 --
      0996 11/09/200516:29 ESThttp://www.prnewswire.com
      Avatar
      schrieb am 11.11.05 11:00:02
      Beitrag Nr. 2 ()
      Der Makler in Berlin ist noch nciht aufgewacht Brief 6,95 Euro bei einem pari Kurs von 7,23 Euro. Schluß in USA gestern 8,50USD!!!

      DIE Party wird weiter gehen. Plantout hat gestern eineextrem starke letzte Handelsstunde gehabt.
      Avatar
      schrieb am 16.11.05 21:39:57
      Beitrag Nr. 3 ()
      weiterhin ein guter Newsflow..... Steigende Kurse sind wahrscheinlich bis zum ende des jahres!


      PlanetOut Inc. Selects Leader for LPI Media

      Bob Cohen Brings More Than 25 Years of Media, Publishing and Management

      Experience to Lead Recent Acquisition for World`s Largest Gay Media Company

      SAN FRANCISCO, Nov. 16 /PRNewswire-FirstCall/ -- PlanetOut Inc. (Nasdaq: LGBT), a leading global media and entertainment company serving the lesbian, gay, bisexual and transgender (LGBT) community, today announced that media and publishing industry veteran Bob Cohen has joined PlanetOut`s senior leadership team as the interim president for LPI Media.

      Cohen will oversee the newly-acquired national magazines and acclaimed Web sites of LPI Media Inc., the world`s leading publisher targeting the gay and lesbian market, distributing more than eight million copies of its magazines each year. These properties include The Advocate (www.advocate.com); OUT (www.out.com); The OUT Traveler (www.outtraveler.com); and HIVPlus (www.hivplusmag.com), as well as other publishing, direct marketing and e-commerce properties.

      "Bob has a stellar reputation for developing profitable strategies and business plans that have helped grow some of the foremost brands in media," said Lowell Selvin, chairman and chief executive officer, PlanetOut Inc. "His leadership will help us take the next steps to build a far-reaching media and entertainment company that offers leading advertisers a multi-platform vehicle to reach what we believe to be the largest LGBT-targeted audience anywhere in the world."

      Cohen is a leading magazine publishing and media consultant and brings more than 25 years of experience to his new role. His New York-based consulting business specializes in developing profitable publishing strategies and business plans for magazines, test-marketing and launching new titles, and improving subscription and single copy marketing for magazines, newsletters and Internet-based companies. Cohen`s clients have included the leading publishers in the U.S., Canada, France, England, and Italy, including The Parenting Group, Saveur, Garden Design, George, Biography, BabyCenter.com, New England Journal of Medicine, Esquire, Weight Watchers Magazine, Hallmark, Rodale Press, Harvard Business Review, Mondadori (Milan), Groupe Expansion (Paris), AutoWeek, International Herald Tribune, Canadian Geographic, Los Angeles, Chicago, Toronto Life, Arthritis Today, The Source, Nickelodeon, American Heritage, The Walking Magazine, Men`s Journal, Telemedia (Toronto), Scholastic and Audubon.

      He has also held several executive positions including executive vice president of Primedia Consumer Magazines (publisher of Seventeen, American Baby, New York, Modern Bride, Soap Opera Digest, Automobile), general manager and publisher of The New Republic and Technology, and subscription manager at Time Inc.`s Sports Illustrated.

      Cohen is a frequent speaker and panelist at the Columbia (formerly, Radcliffe) Publishing Course, FOLIO trade show seminars, and the Columbia School of Journalism. He earned a bachelor`s degree in Psychology from Yale University and an M.B.A. from the Harvard Business School.

      About PlanetOut Inc.

      PlanetOut Inc. is a leading global media and entertainment company serving the lesbian, gay, bisexual and transgender (LGBT) community. PlanetOut`s media properties include Gay.com, PlanetOut.com, Kleptomaniac.com, and OUT&ABOUT Travel, in addition to the newly-acquired national magazines and acclaimed Web sites of LPI and related entities. These properties include The Advocate (www.advocate.com); OUT (www.out.com); The OUT Traveler (www.outtraveler.com); HIVPlus (www.hivplusmag.com), as well as other publishing, direct marketing and e-commerce properties, including Alyson Publications, SpecPub, Inc. and Triangle Marketing Services, Inc. PlanetOut, based in San Francisco, offers FORTUNE 1000 advertisers access to what it believes to be the most extensive network of gay and lesbian people in the world. For more information, please visit www.planetoutinc.com.

      Forward-Looking Statements

      In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding PlanetOut`s recent acquisition of LPI and its related entities, as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the company`s limited operating history and variability of operating results; the company`s ability to attract and retain subscribers and advertisers; the company`s ability to integrate the acquired assets of LPI and its related entities; competition; timing of product launches; and the company`s dependence on technology infrastructure and the Internet. Additional information concerning factors that could affect PlanetOut`s future business and financial results is included in the company`s Annual Report on Form 10-K for the year ended December 31, 2004 and other public filings filed from time to time with the Securities and Exchange Commission (SEC), which are available at the SEC`s website at www.sec.gov.

      All figures reported today are unaudited and may be subject to change.
      SOURCE PlanetOut Inc.
      -0- 11/16/2005
      /CONTACT: Spencer Moore of PlanetOut Inc., +1-415-834-6476, or
      spencer.moore@planetoutinc.com/
      /Web site: http://www.planetoutinc.com /
      (LGBT)

      CO: PlanetOut Inc.
      ST: California
      IN: MAG MLM PUB
      SU: PER LGB

      GM-MW
      -- SFW018 --
      1927 11/16/200509:00 ESThttp://www.prnewswire.com


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