Troubled lesbian, gay, bisexual and transgender -centric media company PlanetOut has finally found a buyer of sorts. The company is merging with here! Networks, which develops original *LGBT* content for cable, satellite TV and the web, and media holding company Regent Entertainment to form Here Media.
Raymond Wong Pak Ming, President of Mandarin Entertainment (Holdings) Ltd, has confirmed his resignation, in claims to focus all his efforts in movie production and promotion. He revealed this decision on a TV show.
Adult-entertainment moguls Larry Flynt and Joe Francis said they are asking Washington for a $5 billion federal bailout, claiming that the porn business is suffering from the soft economy.
SAN FRANCISCO , Jan. 8 /PRNewswire-FirstCall/ -- PlanetOut Inc. (Nasdaq: LGBT) announced today that it has signed a definitive merger agreement to combine with Here Networks LLC and Regent Entertainment Media Inc. PlanetOut serves the lesbian, gay, bisexual and transgender, or LGBT, community through its websites, Gay.com and PlanetOut.com.
