LOS ANGELES, Jan. 23 /PRNewswire/ -- Escom, LLC, today announced the
acquisition of the domain name Sex.com, from entrepreneur and Internet
personality Gary Kremen, the CEO of Grant Media, LLC and founder of Match.com.
Terms of the transaction were not disclosed. It is believed to be among the
most significant domain sale transactions in history. Financing for the
acquisition was provided in part by Domain Capital LLC, a leader in the
financing of Domain Names and Intellectual Property.
The new Sex.com will transform into the market-leading adult entertainment
destination by offering compelling, next-generation web interaction
experiences to revolutionize the industry. The new Sex.com will leverage the
millions of monthly unique visitors that are already coming to the site while
it continues to roll-out a host of professionally produced products and
services, including the very latest in adult entertainment, all presented in a
safe environment. It will provide the most extensive adult dating
opportunities, sex and relationship advice, erotica, multimedia, adult
products, video-on-demand, live video chat, and communities of like-minded
interests.
"Escom will maximize the user experience in a fundamentally different way
than we had been doing at Grant Media," said Gary Kremen. "I am excited to
see how the revolutionary new business plan evolves."
Mr. Kremen will continue to act as an advisor to the company and manage
Grant Media's existing business.
Contact:
Hal Bringman
NVPR, LLC
323-851-6877
hal@nvpr.com
Phil McGovern
NVPR, LLC
323-851-6877
phil@nvpr.com
SOURCE Escom, LLC
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CONTACT:
Hal Bringman, hal@nvpr.com, or Phil McGovern,
phil@nvpr.com, both of NVPR, LLC, +1-323-851-6877, for Escom, LLC
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