Kevin And Don Respond To Being Self Loathing
Looking back at their journey from the Stonewall Democratic Club to Log Cabin Republicans, they claim it was one that was actually started by the democrats. After being told that marriage as not a priority on the agenda in 1995, they became disillusioned with the DEMS. For a decade they felt like they did not belong until they met the republicans of the Log Cabin Republican Club and discovered they too shared a dream of marriage equality. This blog is now a digital time capsule of their time as Republicans and moderated by a friend and supporter.
Monday, May 28, 2007
PlanteOUT Inc. Reports $6.9 Million Loss for 1st QYR'07
PlanetOUT Inc., a public company, reported a staggering $6.9 million loss for the first quarter of 2007. PlanetOUT is the leading global media and entertainment company exclusively serving the GLBT community. It operates several GLBT-themed web sites including Gay.com and PlanetOut.com, and is the pubisher of The Advocate, Out Magazine, HIV Plus, and Alyson Books.
In addition it owns RSVP Vacations, a gay cruise and events company. RSVP's website indicates that it is not taking booking beyond 2007, while its competitior, Atlantis Events is booking through 2008. PlanetOUT also owns Specialty Publications, publishers of the three largest gay adult periodicals in the United States including Men, Unzipped, and Freshmen.
In May 2007, PlanetOUT announced it would consider selling some of its interests.
What concerns me is that it is the largest GLBT controled company. It essentially grew because of the failures of the smaller companies it gobbled up. The belief was synergy. I.E.-that members of the GLBT community would go to www.gay.com and perhaps subscribe to the Advocate and then book a vacation on RSVP. Appearently, it is not happening. Is there a place in the 21st Century for a diverse GLBT corporation that exclusively markets itself to the GLBT community? Apparently the market is speaking and the answer is no. In a way was it corporate ghettoization? Would it be more progressive if The Advocate was pubished by Time-Warner and OUT by Newsweek? Simply put are black, latino, or GLBT owned corporations merely out-dated conventions of the 20th Century? I guess time will tell.