RE:RE:RE:Good things coming sooner than later Media Central relaunches adult classifieds in NOW
2020-08-25 08:34 PT - News Release
Mr. Brian Kalish reports
MEDIACENTRAL RE-INTRODUCES LUCRATIVE ADULT CLASSIFIEDS CATEGORY
Media Central Corporation Inc.'s wholly owned Toronto-based media brand NOW Magazine has joined its sibling publication, Vancouver's Georgia Straight in re-launching the sale of adult classifieds. The highly lucrative category is forecasted to add significant revenue growth to the company with an expected combined annual revenue of over $2-million.
"Prior to eliminating adult advertising, NOW generated strong sales from its adult classifieds category. The Straight has continued to offer adult advertising over the years, but the category was temporarily suspended during the height of COVID," said chief executive officer Brian Kalish. "Now that the two respective cities have begun reopening, we expect this re-launch to drive strong sales numbers alongside our newly revamped and fully integrated sales platforms. Our decision to bring back the classifieds is part of our strategic path to creating sustainable, profitable publications."
TheeRook wrote: FLYY already owns media assets that has classified ads.
With the new computer system it would be easy to add in Online Dating.
Look how much the late online dating service BUMBLE is worth. Only need a fraction of that market.
BMBL - Q
| Security Type | Equity |
| Shares Issued | 115,344,000 |
| Market Cap | 6,879,116,000 |
| Year High | 84.80 |
| Year Low | 58.5766 |
About Bumble
Bumble Inc. is the parent company of Badoo and Bumble, two of the world’s highest-grossing dating apps with millions of users worldwide. The Bumble platform enables people to connect and build equitable and healthy relationships. Founded by CEO Whitney Wolfe Herd in 2014, the Bumble app is one of the first dating apps built with women at the center, and the Badoo app, which was founded in 2006, is one of the pioneers of web and mobile dating products. Bumble currently employs over 600 people in offices in Austin, Barcelona, London, and Moscow.
jamstk wrote: How do we know this has potential. Could we see .50 or higher?