The story
Origin and merger
In the late 1990s, German Fabian Thylmann created NATS (Next-Generation Affiliate Tracking Software), which was used for marketing pornography across different websites. Mansef was funded by Concordia University graduates Stephane Manos and Ouissam Youssef (Mansef a portmanteau of the two's surnames) in 2004 as the holding company for various "thumbnail gallery post" websites and an affiliate network. It later launched Brazzers and a porn production company among various other pay sites.
In 2006, Thylmann sold his shares in the company that controlled NATS and used the proceeds to purchase the Privat Amateure website. Matt Keezer started Pornhub in 2007 under Interhub in which Mansef was also a partner. Mansef was run as a familial business with several of the company managers being related to each other; Manos, Youssef and Keezer later wanted to sell the companies, looking to move onto other ventures. Between 2006 and 2010, Thylmann bought three more websites: MyDirtyHobby, Webcams, and Xtube. The domain name manwin.com was first registered in August 2007.
In March 2010, Thylmann bought the assets of Mansef and Interhub, and merged the properties into a new entity called Manwin. Thylmann also bought WebCams.com in a separate deal during the same period.
Website acquisitions
Manwin went on an acquisition spree of other popular pornographic entities. In June 2010, Manwin opened non-adult video sharing website Videobash.com (now defunct). In September 2010, Manwin acquired EuroRevenue, which owned various niche pornography sites. In November 2010, Manwin introduced celebrity news website Celebs.com (now defunct). In December 2010, Manwin entered into a partnership with Wicked Pictures to manage Wicked Pictures' paysites. The 2010 Manwin purchases accounted for US$130 million in debt. In 2011, the company raised US$362 million in financing from 125 secret investors, including Fortress Investment Group, JPMorgan Chase, and Cornell University.
In May 2011, Manwin acquired the pornographic video sharing website YouPorn. In June 2011, Manwin bought all adult related assets of Carsed Marketing Incorporated, including Twistys, Twistys Cash Affiliate Program, GayTube, SexTube, and TrannyTube. Manwin also created 3DXSTAR in a partnership with Funky Monkey Productions. In November 2011, Manwin became an operating partner of Playboy, managing the brand's online and entertainment business Playboy Plus Entertainment, which operates a number of television channels and online services based in the UK and Benelux. Manwin also launched Legendary Stats, a service that aggregates multiple affiliate programs and is targeted at affiliate site operators with large traffic volumes.
In January 2012, Manwin signed a deal to acquire the assets of the American pornographic movie studio Digital Playground. In April 2012, Manwin and Miami-based RK Netmedia Inc. filed a merger notification jointly authorized by Manwin and Reality Kings with the Austrian Federal Competition Authority. In September 2012, Manwin completed the acquisition. Company documents show that following the deal in the autumn, RK Holdings gave a Dublin company, Manwin Content RK, the right to use thousands of its pornography movies. In June 2012, Manwin launched Babes.com for its "glamcore" network.
In March 2013, MindGeek's co-owner Feras Antoon and his brother Mark Antoon were cited alongside the CEO of gaming technology giant Amaya Inc. and various of its own senior officers and stakeholders. The Quebec Market Authority, the province's market regulator that is somewhat equivalent to the U.S. SEC, investigated Amaya's executives for trading on privileged information. According to the charges, some MindGeek executives were found to have benefited from the leak of information, although they were not major players in the insider trading ring.
In July 2013, Manwin filed a merger notification with the Austrian Competition Authority to acquire RedTube.com. During the summer of 2013, Manwin / MindGeek acquired all of RedTube properties from Hong Kong–based Bright Imperial Ltd. for an undisclosed sum. In December 2013, the domain name RedTube8.xxx was also transferred to MindGeek after a trademark dispute.
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Rebranding as MindGeek
In October 2013, Thylmann sold his stake in Manwin, after facing tax evasion charges, to the senior management of the company, composed of Feras Antoon and David Tassilo, for $100 million, and later in the same month the company's name was changed to MindGeek. This took place as Manwin and RedTube, a large porn tube site not in its network, merged.
Playboy CEO Scott Flanders described the 2011 partnership with MindGeek as "the biggest mistake I've made at the company," saying that "Playboy should not have association with being in the sex-act business." In the spring of 2014, Playboy took back control of Playboy.com "at significant expense", although MindGeek still retained control of Playboy TV and Playboy Plus, and MindGeek still owns the Spice Networks TV channels, which were also bought from Playboy.
In December 2014, MindGeek announced they had signed a deal to manage the online assets of Really Useful Ltd., some of which include the websites BDSM.xxx, Casting.xxx, Czech.xxx, DaneJones.com, Fake Taxi, Lesbea.com, MassageRooms.com, Mature.xxx, Mom.xxx, Orgasms.xxx, PublicAgent.com, PublicSex.xxx, Teen.xxx, and Tubes.xxx.
In April 2015, Playboy Plus and M7 Group formed a partnership to launch Reality Kings TV in Benelux and Central and Eastern Europe on satellite TV services. In May 2015, MindGeek signed a distribution deal with Pulse Distribution, one of the largest distributors of adult entertainment, to distribute content from MindGeek's movie studios, including content from Brazzers and Digital Playground, and DVDs from Babes.com, Men.com, Mofos and Reality Kings. In October 2015, MindGeek acquired ExtremeTube, SpankWire, KeezMovies. These sites are interlinked in network called Spankwire Sites in similar fashion as the Pornhub Network.
In April 2018, MindGeek started accepting the Verge cryptocurrency as payment for their various services.
In December 2020, a Financial Times exposé was published, listing Bernd Bergmair as the main owner of MindGeek. "Free porn" websites have shrunk profit margins; as of 2020 Aylo (MindGeek) has about 25% profit margin. "MindGeek essentially also owns most of the porn industry."
In June 2022, the company confirmed the resignation of its CEO, Feras Antoon, and its COO, David Tassillo.
On 16 March 2023, MindGeek was acquired by Ethical Capital Partners, an Ottawa-based private equity firm. This acquisition came a day after Netflix debuted the documentary Money Shot: The Pornhub Story, which looks at the controversies involving Pornhub.
Rebranding as Aylo
In August 2023, MindGeek announced it was rebranding as Aylo; the company stated that the rebranding "comes in response to the need for a fresh start and a renewed commitment to innovation, diverse and inclusive adult content, and trust and safety."
From Wikipedia’s article on Aylo, shared under CC BY-SA 4.0.5