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#175344 - 06/22/06 01:28 PM playboy buys club jenna
xbizmatto Offline
ADT regular

Registered: 06/22/06
Posts: 1
the deal is done ... just fyi

http://www.xbiz.com/news_piece.php?id=15647

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#175345 - 06/22/06 01:37 PM Re: playboy buys club jenna
Monstar Offline
Porn Jesus

Registered: 03/28/04
Posts: 4450
Loc: The Planet Houston
good job!

_________________________
ContactPornStars.com TheStarFactoryEnt.com

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#175346 - 06/22/06 05:40 PM Re: playboy buys club jenna
kate Offline
Max Hardcore Prison Bitch

Registered: 05/23/06
Posts: 193
Jenna's movies have never matched the hype, basically. They are tame, stupid, dull and meaningless.

As for Club Jenna, what the fuck has it made that resonates? Nothing as far as I'm concerned. Jenna is a plastic surgery-enhanced petunia who told the world she was bisexual as part of a promotional campaign for her book. She's an attention-whore as far as I'm concerned.

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#175347 - 06/22/06 06:06 PM Re: playboy buys club jenna
c62 Offline
Human Garbage

Registered: 07/05/04
Posts: 1545
Loc: In the tree outside Gia Jordan...
Here are some of the highlights...

Quote:


Rumors have been circulating regarding the acquisition for some time, and Luke Ford reported the deal several months ago, but both sides had denied a deal was in the works.




Kind of like when he said there would be indictments handed down..... So what other little morsels are you hording Luke?

From Market Watch article
Quote:


Playboy declined to provide revenue, volume or margin figures for Club Jenna, although Hefner said the unit would immediately add to the company's bottom line.





Playboy is a publicly traded company(pla), so I am wondering if it would be in one of their statements. [c62 looks at WillieD & James]It would be interesting if someone with financial proweness would comb through Playboys public statement to see how much scratch jenna got for this.
_________________________
If cum was concrete, Quasarman would have a four lane freeway going down his throat. - pariah

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#175348 - 06/22/06 07:25 PM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
Quote:

Playboy is a publicly traded company(pla), so I am wondering if it would be in one of their statements.


Actually, they did, See their SEC 8-K here. The amount of detail required in these filings depends on the type of the transaction (SEC Rule 13, I believe). In this case, PLA is purchasing a private corporation. Those terms do not need to be disclosed publicly. However you will probably see notes about it in their next 10-Q (quarterly financial statement), and you almost certainly will see some treatment of it in their next audit--next April.

PLA would only be required to discuss the details of the transaction if (i) they tendered an offer to buy a publicly-owned entity (ii) PLA was issuing stock to pay for the acquisition or (iii) PLA accounted for the transaction as a "merger of equals."

I think the questions to ask are:
(i) how long is Jenna required to add content to Playboy?
(ii) what is the economic value of that agreement? The minute she leaves that agreement, the name and income-generating power of "Club Jenna" plummets. The same thing is happening to danni.com right now.

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#175349 - 06/23/06 02:41 AM Re: playboy buys club jenna
The Ghost Is Toast Offline
Whoremaster

Registered: 10/21/05
Posts: 2710
Quote:


I think the questions to ask are:
(i) how long is Jenna required to add content to Playboy?
(ii) what is the economic value of that agreement? The minute she leaves that agreement, the name and income-generating power of "Club Jenna" plummets. The same thing is happening to danni.com right now.




Precisely...the only intrinsic 'value' Club Jenna has (outside of Jenna herself) is it's library (which is neither comparatively large, nor does it grow at a particularly fast rate, which is one of the chief gripes I've heard about CJ), so I have to wonder how good a deal this is for Playboy, and any judgement on that would be dependent on knowing exactly how much they paid for Club Jenna and its assets, and we all know it's only a matter of time before that figure comes out in the open one way or another.

I can recall having a discussion in an earlier thread on XPT (HERE) in which I speculated on who was going to step up and take Jenna's crown as the number 1 girl, and how there was a distinct lack of viable contenders. Willie D is correct in stating that as soon as Jenna retires, the Club Jenna brand will inevitably decline as Jenna is superceded by whoever the next big thing is.

In my estimation, it would have made more sense for Playboy to just go out and buy Vivid or Wicked, neither of which are dependent on the presence of one performer.

Having said that, as much as I can't see the logic of the deal from the Playboy end, if the money was right, then I'm sure it's a good deal for both Jay and Jenna.


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#175350 - 06/23/06 07:40 AM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
45 million up front + a percentage of future sales/earnings.

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#175351 - 06/23/06 08:13 AM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
Quote:

45 million up front + a percentage of future sales/earnings.


Oh fukk off! That's silly.
Name your source.

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#175352 - 06/23/06 10:42 AM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
Actually, I thought It was low and was expecting it to be higher.

Club Jenna pulled in 37 mil in 05 and 32 mil in 04. Typically privately owned businesses receive 2 years of gross when sold. It's still a shit load of money, but low compared to the value of the business in my opinion.

Forbes reports Jenna's personal income to be 15 million in 05 but that includes more than just clubjenna.

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#175353 - 06/23/06 11:08 AM Re: playboy buys club jenna
It Was Fun Offline
aka Gen Padova
Porn Jesus

Registered: 04/20/03
Posts: 4517
heh... I don't ever wanna hear someone complain about Jenna again if those figures are true. I'd assume there are many of you out there who secretly purchase her stuff without admitting so Because that's a lot of friggin money. And to think... I'd be a happy camper with just one million for the rest of my life *sigh*

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#175354 - 06/23/06 11:51 AM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
Here's an article from last year about her company making 30 million a year the previous year. She says in her younger days she pulled in 50k a week in appearances.

http://www.forbes.com/free_forbes/2005/0704/124.html

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#175355 - 06/23/06 12:00 PM Re: playboy buys club jenna
PHATBOY Offline
Internet Tough Guy

Registered: 06/02/03
Posts: 764
Hey Gen,
What about Club Genna? Is it for sale? Oh wait...You don't have a club do you. Weeeeel you can use my meat club for the time being! I'll put it in your back pocket!

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#175356 - 06/23/06 12:21 PM Re: playboy buys club jenna
It Was Fun Offline
aka Gen Padova
Porn Jesus

Registered: 04/20/03
Posts: 4517
Just a Yahoo CLUB, LMAO!! Hot ghetto huh?

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#175357 - 06/23/06 02:40 PM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
Quote:

Club Jenna pulled in 37 mil in 05 and 32 mil in 04.


A completely unsubtantiated number. As I have said before, this all comes from the idiots at Hoover's, who have made a career of buying D&B reports which are half worthless to begin with. You're saying that CJ is 1/2 the size of Vivid and 1/3 th size of LFP. I don't buy it.

Quote:

Typically privately owned businesses receive 2 years of gross when sold.


That is the one way they are notvalued. M&A is either based on the asset value, or a multiple of EBITDA adjusted for compensation.

Quote:

Forbes reports Jenna's personal income to be 15 million in 05 but that includes more than just clubjenna.


This is based on a silly idea that a buiness can have a 50% net profit margin. In my 10 years of underwriting business finance (about 1,200 deals worth about $700 million), I encountered this exactly never. Who in porn takes away $15 million a year? No one.

Get your facts straight. Maybe Khan's brother can help you.

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#175358 - 06/23/06 02:47 PM Re: playboy buys club jenna
Bornyo Offline
Porn Jesus

Registered: 09/23/04
Posts: 10321
Quote:

... In my 10 years of underwriting business finance (about 1,200 deals worth about $700 million), I encountered this exactly never.




Hey WillieD....................









































How about a loan?

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#175359 - 06/23/06 02:52 PM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
B, I used to lend a few nickels to your boy Russ Umphenour in Atlanta. He ran a company with revenue of $900 million a year. Even he didn't take home $15MM.

Right now the only collateral I accept is porn whore dignity. Round up some of that and I'll wire you the money.

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#175360 - 06/23/06 03:07 PM Re: playboy buys club jenna
Bornyo Offline
Porn Jesus

Registered: 09/23/04
Posts: 10321
I can't find my Dignity Extractorâ„¢ just now, but I'm looking.

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#175361 - 06/23/06 03:29 PM Re: playboy buys club jenna
cumalloverher Offline
Chronic Masturbator

Registered: 07/21/05
Posts: 1704
Loc: *quah quah quah quah*
Some people finding it comforting believing she is set for life, I suppose. When you are a fan of that sort I suppose delusions of a real relationship with your pornographic beloved foster tenderer feelings toward them. All that money inoculates her against society's verdict. She perfoms the sex videos for you, the multidudes be damned because they do not count no more. She is set for life and does not have to reenter or try in vain to reenter an ordinary life amongst the ordinary nonpornographic people. There there is no why, I have to admit if that is the case. Personally I don't see the appeal in that. Porn stars who are set for life do not interest me at all in any way. It's the arc I find the most seductrively agitating, the reentrance, the come down, the regrets. The multidudes are crucial bit players. She is available to all forever, and she is not set for life, see. That is the drama. There's art in that I think.



_________________________
Quah.

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#175362 - 06/23/06 03:38 PM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
Quote:

B, I used to lend a few nickels to your boy Russ Umphenour in Atlanta. He ran a company with revenue of $900 million a year. Even he didn't take home $15MM.

Right now the only collateral I accept is porn whore dignity. Round up some of that and I'll wire you the money.




Hahaha are you completly insane? What do you think she makes, 2 million a year? Give me a break. Her website alone would earn her that. I don't think you have any clue what you are talking about.

Playboy paid 90 million for the unprofitable spice channel and hot network in 2001 (Steve Hirsh was paid $40 million for that) Thats a fact and part of public record. Are you going to say that's false as well?

I assume you know that Russ Umphenour has 20,000 employees right? Even if it did 900 million in sales, the cost of running franchised restaraunts with thousands of employees is a hell of a lot more than the cost of running a website lol. Do you understand that fees are assesed to the franchisee of fast food restaraunts? And that out of that 900 million in sales he has to pay those fees and employees?

Do you honestly think the C.E.O. of a company making 900 million a year will, in every case, make more than the C.E.O of a company making 30 million a year? Just because one has more sales doesnt mean it is more profitable or that the owners make more, you should know that.

Sounds like your one of those Jenna haters so I'll let you be. I was just answering the guys question.

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#175363 - 06/23/06 03:55 PM Re: playboy buys club jenna
The Ghost Is Toast Offline
Whoremaster

Registered: 10/21/05
Posts: 2710
Quote:

Quote:

Club Jenna pulled in 37 mil in 05 and 32 mil in 04.


A completely unsubtantiated number. As I have said before, this all comes from the idiots at Hoover's, who have made a career of buying D&B reports which are half worthless to begin with. You're saying that CJ is 1/2 the size of Vivid and 1/3 th size of LFP. I don't buy it.





The true figure will come out into the open at some point, you can guarantee it.

I just popped over to adultdvdempire and did a search on Club Jenna titles....they have 14 (yes, fourteen).

Admittedly, some of them are pretty big sellers (The Masseuse, Briana Loves Jenna...pretty much anything with Jenna in, really) but what's the big attraction of buying a company which has (as far as I can see) a library of 14 titles and a titular star who can't be too far off of retirement. I realise there are the Club Jenna family of sites, but do they really bring in that much money ($30 million plus, as espoused above) off of that little content?

I'm sure Luke Ford is already hard at work digging up the dirt on this one, but I really have to wonder about the figures quoted. No doubt that we shall see what we shall see soon enough!

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#175364 - 06/23/06 03:56 PM Re: playboy buys club jenna
zenman Offline

Porn Jesus

Registered: 08/26/03
Posts: 8160
Loc: Roma, Repubblica Italiana
My truthiness gauge tells me Jenna probably makes in the $350k to $500k region. As for the porn industry being $100 billion dollars a year or whatever they say, one guy summed it up right: "If there were that much money being made, you'd find porn industry people who own 50 cars." Well, you just don't see that.
_________________________
"All my years in p*rn didn't quite prepare me for childbirth. I mistakenly thought all the stretching I did would make this easier."

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#175365 - 06/23/06 04:00 PM Re: playboy buys club jenna
The Ghost Is Toast Offline
Whoremaster

Registered: 10/21/05
Posts: 2710
Ooops, my bad, make that thirteen titles...'Sophia Syndrome' is marked as Pre-Release.

Club Jenna Titles

Which just makes those figures even more impressive...if there is even so much as a shred of truth to them, then my hat is well and truly off to Jay and Jenna.

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#175366 - 06/23/06 04:09 PM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
Quote:

My truthiness gauge tells me Jenna probably makes in the $350k to $500k region. As for the porn industry being $100 billion dollars a year or whatever they say, one guy summed it up right: "If there were that much money being made, you'd find porn industry people who own 50 cars." Well, you just don't see that.




Have you ever seen Jenna's cars or house? Bentley's, lamborghini's etc. You can't live like that, even in Arizona, for 500k a year.

http://dv8cultx.com/casadejenna.html

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#175367 - 06/23/06 04:24 PM Re: playboy buys club jenna
elaborator Offline
Porn Icon

Registered: 01/27/06
Posts: 3440
Loc: Jaundice Town
Quote:

Have you ever seen Jenna's cars or house? Bentley's, lamborghini's etc. You can't live like that, even in Arizona, for 500k a year.





whatever...Gia is hotter and cooler. Jenna is bland like Flan. Who gives a shit about her?
_________________________





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#175368 - 06/23/06 04:30 PM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
They are called mortgages, dolt. http://156.42.40.50/UnOfficialDocs/pdf/00-0127191_1.pdf

Oh whatever, you're just another useless blogger.

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#175369 - 06/23/06 06:08 PM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
Quote:

They are called mortgages, dolt. http://156.42.40.50/UnOfficialDocs/pdf/00-0127191_1.pdf



Oh whatever, you're just another useless blogger.





Thank you for sending me to the error page of Maricopa County, I dont know what I would have done without that. If you were looking for a mortgage, use tax records. Ummm and your point would be millionaires dont have mortgages? I hope your kidding.

Im not arguing about financial matter's with a guy who has over 2,000 posts on a porn website lol. Your arguments were about as knowledgeable as a freshman in a community college failing accounting 101. A company makes $900 million so the CEO must make more than a CEO of smaller company!! hahaha where'd you go to business school, somewhere online? If you believe that's really true, let me know and I'll steer you in the right direction of some facts.

I'm guessing the only thing you've underwritten was Khan Tunsions brothers last contract. What's next, you think clubjenna has less than 2,000 members paying $35 a month? LOL.

Hey, call the editor of Forbes, maybe you can correct more of their mistakes, I hear Enron may have done some fuzzy accounting, let them know fast!


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#175370 - 06/23/06 06:09 PM Re: playboy buys club jenna
gonzo420 Offline
AC Cream Wannabe

Registered: 12/02/05
Posts: 458
Loc: the ATL
Quote:

Jenna's movies have never matched the hype, basically. They are tame, stupid, dull and meaningless.

As for Club Jenna, what the fuck has it made that resonates? Nothing as far as I'm concerned. Jenna is a plastic surgery-enhanced petunia who told the world she was bisexual as part of a promotional campaign for her book. She's an attention-whore as far as I'm concerned.




You said it best.. I can't think of a more washed up,OVER-FUCKING-RATED,HasBeen than Jenna Jameson..I jerked off to her in the fucking 90's for god sakes!! She hasn't done anything worth a goddamn shit since 1998...And still some Jenna marks still buy her SHIT PRODUCT!! And now I hear that Playboy has bought her softcore website CLUBJENNA!! WOW..So 2 of the softest porn company's merge together, excuse me while I fucking throw up
Jenna Jameson isn't even Playboy quality, she's like 45 yrs old and still thinks she rules the porn industry..Someone needs to let this old bitch know that she is hardly Hustler material, much less Playboy!!
Jenna"OverRated"Jameson
_________________________
"mmmmm.. nuthin says lovin like...eating babies!!!"-Sierra Sinn


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#175371 - 06/23/06 06:59 PM Re: playboy buys club jenna
JRV Offline
Porn Jesus

Registered: 08/03/03
Posts: 5849
Loc: TX, USA
Quote:


The true figure will come out into the open at some point, you can guarantee it.




Not necessarily. If the cost of the CJ isn't materially significant to Playboy's earnings and CJ doesn't materially impact those earnings then Playboy doesn't have to break it out and won't.

Willie's right: there's no way she's taking $15m a year out of a company that grosses 37m. That only happens when there is a founder with no lenders around and the founder is deliberately bleeding it dry, or there is some monopoly involved.

Jenna J is probably doing very well, possibly making more than any other girl in porn ... but it doesn't take anywhere near $15m to accomplish that. Rocco Siffredi is probably the performer with the highest income, not any of the girls.

As for Jenna J retiring – companies are bought and sold all the time. People know how this stuff works. The possibility of key contributors leaving a company after acquisition isn't new. They'll have accounted (and discounted) for it.

A more interesting question is what Playboy plans to do with CJ. You don't do acquisitions out of boredom; someone at Playboy thinks they can make a lot more money out of it than they had to pay to buy it.

PS. Keep in mind there's a pretty good chance doesn't own all of CJ. Any early investors who funded the capital to get CJ running may never get mentioned anywhere but may take a large chunk of the purchase payment.
_________________________
"If they can't picture me with a knife, forcing them to strip in an alley, I don't want any part of it. It's humiliating." - windsock

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#175372 - 06/23/06 07:14 PM Re: playboy buys club jenna
TER Offline
ADT regular

Registered: 04/27/06
Posts: 17
I agree her product is bland, Im not a big fan. I never said she's making 15 million a year out of 37 million, read the post. I said she made 15 million a year and its not all from the 37 million clubJenna brought in. Her puma ads/ bookdeals/ t.v. appearances etc. wouldnt go through clubjenna. I dont think the strip club she owns would go through clubjenna either, but Im not sure about that.

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#175373 - 06/24/06 01:32 AM Re: playboy buys club jenna
The Ghost Is Toast Offline
Whoremaster

Registered: 10/21/05
Posts: 2710
Quote:

Quote:

Jenna's movies have never matched the hype, basically. They are tame, stupid, dull and meaningless.

As for Club Jenna, what the fuck has it made that resonates? Nothing as far as I'm concerned. Jenna is a plastic surgery-enhanced petunia who told the world she was bisexual as part of a promotional campaign for her book. She's an attention-whore as far as I'm concerned.




You said it best.. I can't think of a more washed up,OVER-FUCKING-RATED,HasBeen than Jenna Jameson..I jerked off to her in the fucking 90's for god sakes!! She hasn't done anything worth a goddamn shit since 1998...And still some Jenna marks still buy her SHIT PRODUCT!! And now I hear that Playboy has bought her softcore website CLUBJENNA!! WOW..So 2 of the softest porn company's merge together, excuse me while I fucking throw up
Jenna Jameson isn't even Playboy quality, she's like 45 yrs old and still thinks she rules the porn industry..Someone needs to let this old bitch know that she is hardly Hustler material, much less Playboy!!
Jenna"OverRated"Jameson




Yes, but like I said in my previous post (and the topic referenced therein), Jenna is still #1 because no other girl has got her shit together long enough to knock her off her perch. Jenna is/was undeniably THE starlet who defined the 90's, but the fact is that we're more than halfway through the 00's and no-one has emerged to take her crown, despite the fact that she ain't getting any younger.

I'm not a Jenna fanboy or a Jenna hater (I own one of her movies, Flashpoint), but I am most certainly a Jenna respecter...to be #1 for as long as she has takes some doing, but she's done it, and will most likely continue doing it until she doesn't want to do it anymore. What the big guns in the industry need to look at is who's next, because when Jenna does retire, there is going to be a hell of a vacuum to fill....


Quote:


Quote:


The true figure will come out into the open at some point, you can guarantee it.





Not necessarily. If the cost of the CJ isn't materially significant to Playboy's earnings and CJ doesn't materially impact those earnings then Playboy doesn't have to break it out and won't.




Don't be so fucking naive, jrv....Who's talking about it coming out via official channels? Some office gopher at Playboy will no doubt spill their guts on the issue at some point in the future, probably just after they've been fired/let go...it's the way of the world, my friend!

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#175374 - 08/09/06 09:18 PM Re: playboy buys club jenna
Willie D Offline

Porn Jesus

Registered: 09/20/05
Posts: 9181
Quote:

Quote:

B, I used to lend a few nickels to your boy Russ Umphenour in Atlanta. He ran a company with revenue of $900 million a year. Even he didn't take home $15MM.

Right now the only collateral I accept is porn whore dignity. Round up some of that and I'll wire you the money.




Hahaha are you completly insane? What do you think she makes, 2 million a year? Give me a break. Her website alone would earn her that. I don't think you have any clue what you are talking about.

Playboy paid 90 million for the unprofitable spice channel and hot network in 2001 (Steve Hirsh was paid $40 million for that) Thats a fact and part of public record. Are you going to say that's false as well?

I assume you know that Russ Umphenour has 20,000 employees right? Even if it did 900 million in sales, the cost of running franchised restaraunts with thousands of employees is a hell of a lot more than the cost of running a website lol. Do you understand that fees are assesed to the franchisee of fast food restaraunts? And that out of that 900 million in sales he has to pay those fees and employees?

Do you honestly think the C.E.O. of a company making 900 million a year will, in every case, make more than the C.E.O of a company making 30 million a year? Just because one has more sales doesnt mean it is more profitable or that the owners make more, you should know that.

Sounds like your one of those Jenna haters so I'll let you be. I was just answering the guys question.


Oops, you lose. I get to throat fuck your moron ass until you choke to death, you stupid fucking loser. I'll be sure to show up at your funeral so I can gag factor your mommy, too.

Oops! Bitch!

Quote:

Late in the current quarter of 2006, we acquired a multi-media adult
entertainment business to complement our existing television and online
businesses. As the pro forma results would not be materially different from
actual results, they are not presented. We paid $7.7 million at closing with
additional payments of $1.6 million, $1.7 million, $2.3 million and $4.3 million
required in 2007, 2008, 2009 and 2010, respectively. Pursuant to the acquisition
agreement, we are also obligated to make future contingent earnout payments
based primarily on sales of existing content of the acquired business over a
ten-year period after the closing of the acquisition and based on content
produced by the acquired business during the five-year period after the closing
of the acquisition. As of June 30, 2006, no earnout payments have been made.




Bow down bitch!

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