PlanetOut, Here Networks merge

June 17, 2009 Here targets the gay, lesbian, bisexual and transgender population through the Advocate and other magazine titles as well as through movies via Here Studios and Here Films. The merger preserves the remaining assets of PlanetOut, a once high-flying Internet company that had struggled with losses and debt as it ventured into offline businesses. In the past two years, PlanetOut was raising money by selling assets, including its RSVP Vacations unit, which runs sea cruises catering to gays and lesbians, and its magazine unit, which includes the nation's oldest LGBT periodical, the Advocate.

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