Bernard Bergemar owns MindGeek?

[bestfreeporn]

Bernard Bergemar owns MindGeek?

Never heard that name before, here is a story i ran across on businessinsider.com


"The businessman Bernard Bergemar owns MindGeek, which runs major porn sites including Pornhub, RedTube, and YouPorn, according to an explosive report from the Financial Times.

The publication said Bergemar's name had been known only in a "small circle" of MindGeek power players until the report came out. Before the FT story's publication, a Google search result showed only three results for Bergemar's name.

Pornhub, a private company, declined to comment, saying it does not discuss financial information. A company spokesperson would not confirm their identity after multiple requests.

Bergemar owns shares in a majority of MindGeek subsidiaries, which allow him to be the biggest beneficiary of the company, FT reported. MindGeek pays license fees for the "complex network of subsidiaries" and owes them millions of dollars in dividends, the FT report said.

"The opaqueness surrounding the company's financing also covers management," FT's Patricia Nilsson wrote. "The names of many of the company's senior executives who feature in corporate filings do not appear in internet searches, leaving little or no trace of who they are."

A Business Insider investigation previously found no evidence that supports the existence of multiple Pornhub executives quoted in press releases and news articles."

carries on and ...

"MindGeek recorded more than $460 million in revenue in 2018, according to FT. Google data reviewed by the publication showed more people have searched "Pornhub" than "coronavirus" or "Trump" in the past month."


from https://www.businessinsider.com/bernard ... ft-2020-12

[TheButcher]

I read Fabian Thylmann sold MindGeek to Feras Antoon and David Tassillo, stand to be corrected. Not heard of a Bernard Bergemar.

[BrasSmonkey]

sounds like circle jerk 2020 LOL

[calista]

"MindGeek recorded more than $460 million in revenue in 2018" - Just how much did they make in 2019 and 2020 is what is curious for me

[Dallastim]

Wasn't it three college students who started the first site that mushroomed into Mindgeek, juggs or something?

[TheButcher]

Wasn't it three college students who started the first site that mushroomed into Mindgeek, juggs or something?

The story I heard was Stephane Manos and Ouissam Youssef Mansef two Concordia University graduates in Montreal started mansef.

[misterporn]

Let me Goog his name, not sure who he is, first I heard of him.

[Colmike7]

Wasn't it three college students who started the first site that mushroomed into Mindgeek, juggs or something?

The story I heard was Stephane Manos and Ouissam Youssef Mansef two Concordia University graduates in Montreal started mansef.

That's what I heard, too

[rx_tom]

How does any one know they did $460 million in revenue in 2018 , they are a private company not a public one where they put out annual income statements.

[chilli.domains]

You really never know who the beneficial owners of a privately held company are to be honest.

[bbwlover]

He sounds German to me

[Russ]

With their traffic Mindgeek can not lose, they can still sell the traffic on their sites be it banner ads, popunders, mailers...who ever he is must be one rich dude.

[XpressPete]

When did he buy it?

[jag]

He sounds German to me

Or Austrian to me

[CTE]

Bernard Bergemar owns MindGeek?

Never heard that name before, here is a story i ran across on businessinsider.com


"The businessman Bernard Bergemar owns MindGeek, which runs major porn sites including Pornhub, RedTube, and YouPorn, according to an explosive report from the Financial Times.

The publication said Bergemar's name had been known only in a "small circle" of MindGeek power players until the report came out. Before the FT story's publication, a Google search result showed only three results for Bergemar's name.

Pornhub, a private company, declined to comment, saying it does not discuss financial information. A company spokesperson would not confirm their identity after multiple requests.

Bergemar owns shares in a majority of MindGeek subsidiaries, which allow him to be the biggest beneficiary of the company, FT reported. MindGeek pays license fees for the "complex network of subsidiaries" and owes them millions of dollars in dividends, the FT report said.

"The opaqueness surrounding the company's financing also covers management," FT's Patricia Nilsson wrote. "The names of many of the company's senior executives who feature in corporate filings do not appear in internet searches, leaving little or no trace of who they are."

A Business Insider investigation previously found no evidence that supports the existence of multiple Pornhub executives quoted in press releases and news articles."

carries on and ...

"MindGeek recorded more than $460 million in revenue in 2018, according to FT. Google data reviewed by the publication showed more people have searched "Pornhub" than "coronavirus" or "Trump" in the past month."


from https://www.businessinsider.com/bernard ... ft-2020-12

If you ever wanted a good reason not to go IPO.......