Exceptions include Daily Bible Verse.com, and Christian Cards.net, which cater to other Christian interests, and Spark.com, a general-interest online personals site.Today, Christian Mingle and JDate are Spark Networks' most popular dating sites.
Nearly a month to the day after the hedge fund Osmium Partners gained control of online dating powerhouse Spark Networks by winning a contentious proxy fight, the company's president and CEO announced his exit Monday.
Greg Liberman leaves Spark, parent of specialty dating sites like JDate and Christian Mingle, after ten years with the company, and Michael Mc Connell, Spark's chairman of the board, will take over for him in an interim capacity until the company can find a replacement."It has been an incredible ten years, and I am honored to have spent more than half of my professional career at such a special company," Liberman said in a statement.
("Spark") (NYSE MKT: LOV) and Affinitas Gmb H ("Elite Singles"), which operates premium online dating platforms Elite Singles, e Darling and Attractive World, today announced that they have entered into a definitive agreement to combine in a stock-for-stock merger, creating one of the world's largest online dating providers with a portfolio of premier global brands.
The combination will create a company with more than $115 million of pro forma combined revenue over the twelve months ended March 31, 2017 and nearly 500,000 period-ending global subscribers as of March 31, 2017.
Known as the "Jewish Tinder," JSwipe was acquired by Spark Networks last year for $7 million.
Spark Networks, which has a portfolio of over 30 niche-dating sites, also owns JDate, a pioneer in the online dating industry.
"By combining the market leader in religious dating with Elite Singles' portfolio of strong brands, we will create a singular entity, well-positioned to benefit from increased scale and improved financial strength.
Spark Networks Inc (NYSE: LOV) has announced its monetization strategy for the popular Jewish dating app JSwipe.
(NYSE MKT: LOV) owns and operates more than 30 niche-focused online properties.