Internet dating business for sale
While such websites often have short life spans, they increasingly pull singles away from the larger, more general sites.Moreover, increased competition for subscribers has increased advertising costs for most sites.
He said it could generate million a year in earnings before interest, taxes, depreciation and amortization — not million in annual revenue.
They have been pushing for IAC to spin off the Match Group as soon as possible, probably because they think the popularity of dating sites is about to crest.“We are not seeing a bubble as such, but growth is going to slow,” says Jeremy Edwards, an analyst with IBIS World, a market research firm.
The online dating industry is trying to navigate a delicate balance.
Dating through mobile is exploding and now accounts for roughly 27 percent of the dating site services, but it has remained a persistently weak spot for much of the industry.
Neil Clark Warren, chief executive and co-founder of e Harmony, said that his site had tripled its mobile audience in recent years and that it now produced 52 percent of its business, yet he acknowledges it has been a challenge for the company financially.