‘Dotcom millionaire’ flogs porn empire
So Sensible
Posted in Music and Media, 8th August 2002 15:08 GMT
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One-time teenage "dotcom millionaire" Benjamin Cohen has finally flogged his porn empire.
Last month he put hunt4porn.com and dotadults.com up for sale because he said they were a drain on resources. The porn sites and their users were bought by Liddell Consultants, an investment outfit based in the British Virgin Islands.
Liddell Consultants plans to re-launch the hunt4porn.com service with premium content over the next few months.
Financial details were not revealed, but in a statement Cohen said: "The valuation we achieved was nothing like the figures that were once quoted for the adult search businesses. We are pleased to have sold it so that we can concentrate on what we're best at, customer centred marketing."
Cohen plans to concentrate his CyberBritain business on "customer relationship management together with email and mobile marketing". ®
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