Nate Elliott at JupiterMedia Comments on IAC Quarterly Results and Online Dating

"I found IAC's dating results disappointing. Their personals revenue grew by only 19% year over year (the whole market is growing by 27% this year), and a chunk of that came from the purchase of a new site, uDate. Excluding uDate, subscribers numbers grew by 23% year over year -- respectable, but again below average -- and IAC made made 9% less per personals subscriber this Q1 than last. As we say in our most recent online dating report [subscribers only], the growth in this space is slowing: time to look for new revenue streams. Offline dating events and wireless dating services, anyone?"