Comments on: This is What Happens When Primedia Buys You Out http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/ The pulse of the small unit rental market. Dave Dugdale reports what he sees in the online rental market place. Dave also provides a podcast show called RadioVine which is on a separate feed from this one. Visit www.rentvine.com/anc/radiovine.cfm for the shows and feed. Thu, 29 Jul 2010 02:06:51 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Kevin http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2878 Kevin Fri, 20 Apr 2007 16:25:43 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2878 RU, Re : About.com About.com Acquired by Primedia: Sin or Synergy? by Barbara Quint Posted On November 6, 2000 Primedia has announced its goal to dominate print and the Internet in its niche markets. It has made a number of deals recently with Internet and other media companies to improve its online position. Primedia paid $690 million in stock for About.com. Initial negative market reaction led to a one-quarter loss in Primedia shares from their previous stock market value. About.com had no debt at the end of September and $133 million in cash. Its revenues in the latest quarter had risen by one-third over the previous quarter, and people at the company expected to see it make a profit by early next year. In announcing the acquisition, Rogers compared the move to the Time Warner/America Online merger and said: "The Primedia and About merger creates the leading model for the integration of traditional and new media niche content and the resulting delivery of targeted marketing vehicles… Turned out to be sin! RU,

Re : About.com

About.com Acquired by Primedia: Sin or Synergy?
by Barbara Quint
Posted On November 6, 2000

Primedia has announced its goal to dominate print and the Internet in its niche markets. It has made a number of deals recently with Internet and other media companies to improve its online position.

Primedia paid $690 million in stock for About.com. Initial negative market reaction led to a one-quarter loss in Primedia shares from their previous stock market value. About.com had no debt at the end of September and $133 million in cash. Its revenues in the latest quarter had risen by one-third over the previous quarter, and people at the company expected to see it make a profit by early next year.

In announcing the acquisition, Rogers compared the move to the Time Warner/America Online merger and said: “The Primedia and About merger creates the leading model for the integration of traditional and new media niche content and the resulting delivery of targeted marketing vehicles…

Turned out to be sin!

]]> By: Ru http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2814 Ru Thu, 19 Apr 2007 12:14:50 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2814 That was in the Wall Street Journal i think February, 2004 or 05, i can't recall. I saved that article but can't find it right now. PRM sold about to the NY Times. They purchased about when long forgotten Tom Rogers was ceo. As i've mentioned earlier, i'm amazed the banks still allow this company to exist. Sincerely, Ru That was in the Wall Street Journal i think February, 2004 or 05, i can’t recall. I saved that article but can’t find it right now.

PRM sold about to the NY Times. They purchased about when long forgotten Tom Rogers was ceo.

As i’ve mentioned earlier, i’m amazed the banks still allow this company to exist.

Sincerely,
Ru

]]> By: Dave http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2776 Dave Wed, 18 Apr 2007 21:15:45 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2776 Wow, I didn't know that - thanks for sharing. Wow, I didn’t know that – thanks for sharing.

]]> By: Ru http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2775 Ru Wed, 18 Apr 2007 21:10:40 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2775 Of course everyone knows that PRM sold about.com for 260 million less than what it paid for. Perhaps it would be no surprise to learn what PRM paid for RentalHouses. Sincerely, Ru Of course everyone knows that PRM sold about.com for 260 million less than what it paid for. Perhaps it would be no surprise to learn what PRM paid for RentalHouses.

Sincerely,
Ru

]]> By: Dave http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2702 Dave Tue, 17 Apr 2007 16:54:25 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2702 If someone could check to see how much PRM paid for RentalHouses that would be great - I never know where to look in those reports. If someone could check to see how much PRM paid for RentalHouses that would be great – I never know where to look in those reports.

]]> By: Kevin http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2701 Kevin Tue, 17 Apr 2007 16:50:01 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2701 Ru, Will be interesting to see the first quarter earnings report due out in early May! Want to see how the small unit rental market " family of sites"actually performed! Maybe it will even show how much PRM actually paid for Rentahouses. Ru,

Will be interesting to see the first quarter earnings report due out in early May! Want to see how the small unit rental market ” family of sites”actually performed! Maybe it will even show how much PRM actually paid for Rentahouses.

]]> By: Ru http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2691 Ru Tue, 17 Apr 2007 15:24:58 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2691 Ask any legitimate, conservative stock broker or investment professional their opinion on PRM and you probably already know what answer you'll receive. The charts were interesting. Yes, there are other opinions out there but it continues to amaze me that PRM still exists. The question remains..Do you want this company in your portfolio for the long term ? How much longer will PRM be around ? Respectfully submitted, Ru Ask any legitimate, conservative stock broker or investment professional their opinion on PRM and you probably already know what answer you’ll receive.

The charts were interesting. Yes, there are other opinions out there but it continues to amaze me that PRM still exists.

The question remains..Do you want this company in your portfolio for the long term ?

How much longer will PRM be around ?

Respectfully submitted,
Ru

]]> By: Kevin http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2688 Kevin Tue, 17 Apr 2007 14:52:51 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2688 I believe RC was dropped from Yahoo for violating some of Yahoo's rules. RC cared about Yahoo.......they want to be on the top of every major search engine possible as any Internet company would! I believe RC was dropped from Yahoo for violating some of Yahoo’s rules.

RC cared about Yahoo…….they want to be on the top of every major search engine possible as any Internet company would!

]]> By: Yahoo... http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2680 Yahoo... Tue, 17 Apr 2007 13:49:05 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2680 And my guess would be that Rentclicks never cared about Yahoo since they completely designed their site using virtual hostnames such as seattle.rentclicks.com. Even the ads get virtual hostnames which means they have thousands of virtual hostnames. Yahoo doesn't like that and removes sites that do that. And since they spent a ton of money last year to test market on television & radio then why wouldn't they now pursue that? Do you think they did a test and decided just to not go forward with it? And my guess would be that Rentclicks never cared about Yahoo since they completely designed their site using virtual hostnames such as seattle.rentclicks.com. Even the ads get virtual hostnames which means they have thousands of virtual hostnames. Yahoo doesn’t like that and removes sites that do that.
And since they spent a ton of money last year to test market on television & radio then why wouldn’t they now pursue that? Do you think they did a test and decided just to not go forward with it?

]]> By: Kevin http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/comment-page-1/#comment-2667 Kevin Tue, 17 Apr 2007 10:52:39 +0000 http://www.rentvine.com/blog/index.php/this-is-what-happens-when-primedia-buys-you-out/#comment-2667 Spanky, RE: BTW, yahoo is a paid directory. Its worth paying for for but it still is a paid inclusion. If RentClicks let their membership slip, so goes their listing. Rentclicks is not included in the non-paid organic listings....at all! Spanky,

RE: BTW, yahoo is a paid directory. Its worth paying for for but it still is a paid inclusion. If RentClicks let their membership slip, so goes their listing.

Rentclicks is not included in the non-paid organic listings….at all!

]]>