| Former type | Public |
|---|---|
| Successor | Here Media |
| Founded | 1995 |
| Defunct | 2009 |
| Headquarters | San Francisco, CA |
| Key people | Karen Magee, CEO Lowell Selvin, Chairman Mark Elderkin, Founder Gay.com |
| Products | Gay.com PlanetOut.com The Advocate Out Magazine |
| Employees | 131 |
| Website | PlanetOutInc.com |
PlanetOut Inc. was a public media and entertainment company exclusively targeting the lesbian, gay, bisexual and transgender (LGBT) demographic.[1] It operated several LGBT-themed web sites including Gay.com and PlanetOut.com, and in November 2005 acquired LPI Media, the publisher of The Advocate, Out Magazine, HIV Plus, and Alyson Books.
PlanetOut maintained ownership of Specialty Publications, publishers of the three largest gay adult periodicals in the United States including Men, [2], Unzipped, and Freshmen. In April 2007, PlanetOut released a letter of intent to sell LPI and Specialty Publications to Regent Releasing, which owns here! Films.[2][3]
In October 2007 PlanetOut announced the impending sale of its RSVP Vacations, a gay cruise and events company, to competitor Atlantis Events, Inc.[1] The sale was completed on December 17, 2007.[4]
The downfall of Planetout has been reported as mismanagement. [5]
In January 2009, PlanetOut Inc. announced plans to merge with Here Networks LLC and Regent Entertainment Media, Inc.; PlanetOut was acquired by Here Media Inc. and has ceased operations. The PlanetOutInc.com website is now defunct, but going to planetout.com website defaults to the webpage paulcolichman.com. [6]
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