November 14, 2011

According to data from a Harvard Business School publication, only 16% of signed letters of intent to buy a company in the US result in closed deals. The remaining 84% of M&A deals flounder. Why? DYP Advisors, a firm specializing in corporate and intellectual property law, says four due diligence mistakes are to blame: 1. Site sellers failing to do due diligence on the would-be buyer’s operations, cultural “fit” and finances. 2. Sellers who haven’t prepped their internal…

In early 2010, we estimated US adult content sites were selling an estimated $4 billion per year in memberships and other recurring billing subscription plans. Given the amount of membership site launch and growth activity reported on by trade magazine XBiz.com just in the last month alone, we suspect that number is now considerably higher. For example, last Friday Private Media Group launched a new softcore membership website Glamazones.com; and, this week lesbian content specialists Girlfriends…