Match.com Acquires Online Dating Site OkCupid
There's a somewhat frightening quote from Greg Blatt, CEO of IAC in the press release at http://iac.mediaroom.com/index.php?s=43&item=1882"We know that many people who start out on advertising-based sites ultimately develop an appetite for the broader feature set and more committed community, which subscription sites like Match.com and Chemistry.com offer, creating a true complimentary relationship between our various business models. 2010 saw record growth both for Match and OkCupid, and we believe coordinating the adjacent business models will help fuel continued growth for both. This acquisition therefore goes a long way toward our objectives of bringing new people into the online dating world, offering the ability to meet in whatever type of online setting, and at whatever commitment level, our members desire, and facilitating a seamless evolution of the online dating experience without ever having to leave our portfolio of sites."Members of OkCupid, get ready to be upsold.