IAC, Barry Diller Targeted by Pension Fund Over Match Spinoff

 

https://news.bloomberglaw.com/class-action/iac-barry-diller-targeted-by-pension-fund-over-match-spinoff

... claiming the online dating company’s spinoff last year left it saddled with billions in debt and IAC “flush with billions in cash.”

Great Q3 2020 for MTCH (long term debt over USD 3.5 Billion ??? )
https://onlinedatingsoundbarrier.blogspot.com/2020/11/great-q3-2020-for-mtch-long-term-debt.html


Match Stock Faces Huge Debt Load As Parent IAC Agrees To Spinoff /// MTCH
https://onlinedatingsoundbarrier.blogspot.com/2019/10/match-stock-faces-huge-debt-load-as.html

SA article: "Match Group Spin-Off: Sell Match, Buy IAC"

https://seekingalpha.com/article/4308777-match-group-spin-sell-match-buy-iac
If you buy IAC, you are essentially retaining 80% of your MTCH stake because the business is going to be spun-off in a year. IAC isn't selling MTCH for for cash, they are distributing the business to their shareholders.

Match Group Reports Q3 2019 Results
https://onlinedatingsoundbarrier.blogspot.com/2019/11/match-group-reports-q3-2019-results.html

Former Tinder CEO accused of secretly recording employees and bosses in new court filing
http://onlinedatingsoundbarrier.blogspot.com/2019/11/former-tinder-ceo-accused-of-secretly.html

Facebook Dating now integrates with Instagram and Facebook Stories
http://onlinedatingsoundbarrier.blogspot.com/2019/11/facebook-dating-now-integrates-with.html

MTCH - IAC must face Tinder co-founder's USD 2 Billion lawsuit -- NY appeals court

https://business.financialpost.com/pmn/business-pmn/iac-must-face-tinder-co-founders-2-billion-lawsuit-ny-appeals-court
https://www.businesswire.com/news/home/20191029006130/en/Tinder-Founders%E2%80%99-Multibillion-Dollar-Lawsuit-IAC-Match-Trial
https://news.yahoo.com/iac-must-face-tinder-co-185054945.html


Barry Diller accused of covering up Tinder CEO
http://onlinedatingsoundbarrier.blogspot.com/2019/10/barry-diller-accused-of-covering-up.html


Former Tinder execs call ex-CEO’s defamation suit a ‘public smear campaign’
https://www.theverge.com/2019/10/8/20904751/tinder-sean-rad-greg-blatt-rosette-pambakian-defamation-lawsuit

Law Firms To Investigate Claims On Behalf of Investors of Match Group, Inc. - MTCH
https://onlinedatingsoundbarrier.blogspot.com/2019/10/law-firms-to-investigate-claims-on.html
 
Match Group gets USA DOJ subpoena for documents relating to USA FTC complaint
http://onlinedatingsoundbarrier.blogspot.com/2019/09/match-group-gets-usa-doj-subpoena-for.html

Tinder’s former marketing chief sues Match
https://onlinedatingsoundbarrier.blogspot.com/2019/08/tinders-former-marketing-chief-sues.html
https://onlinedatingsoundbarrier.blogspot.com/2019/08/email-that-tinders-owner-sent-refuting.html

SA article: Match Group: Simply A Very Effective Business Model With Much Growth Ahead

https://seekingalpha.com/article/4296512-match-group-simply-effective-business-model-much-growth-ahead
And the USD 1.6+ Billion debt?
And lawsuits?
Match Stock Faces Huge Debt Load As Parent IAC Agrees To Spinoff /// MTCH
http://onlinedatingsoundbarrier.blogspot.com/2019/10/match-stock-faces-huge-debt-load-as.html

Law Firms To Investigate Claims On Behalf of Investors of Match Group, Inc. - MTCH
http://onlinedatingsoundbarrier.blogspot.com/2019/10/law-firms-to-investigate-claims-on.html

SA article: Match Group: Swipe Left For Now
http://onlinedatingsoundbarrier.blogspot.com/2019/10/sa-article-match-group-swipe-left-for.html

Ex-Tinder CEO files lawsuit about defamation
http://onlinedatingsoundbarrier.blogspot.com/2019/10/ex-tinder-ceo-files-lawsuit-about.html

Match Group gets USA DOJ subpoena for documents relating to USA FTC complaint
http://onlinedatingsoundbarrier.blogspot.com/2019/09/match-group-gets-usa-doj-subpoena-for.html

Tinder’s former marketing chief sues Match
https://onlinedatingsoundbarrier.blogspot.com/2019/08/tinders-former-marketing-chief-sues.html
https://onlinedatingsoundbarrier.blogspot.com/2019/08/email-that-tinders-owner-sent-refuting.html

Match Stock Faces Huge Debt Load As Parent IAC Agrees To Spinoff /// MTCH

https://finance.yahoo.com/m/e6c4352c-1b15-3417-9741-9b408df00b1a/match-stock-faces-huge-debt.html
https://www.investors.com/news/technology/match-mtch-stock-spin-iac/?src=A00220&yptr=yahoo


IAC will transfer roughly USD 1.67 Billion in debt to Match as part of the spinoff........ ... Match also plans to issue new debt to pay IAC and other shareholders a special dividend prior to the formal spinoff. Match paid out a USD 560 Million special dividend in 2018.




As of June 30, 2019, the Company had ... USD 1.6 Billion of long-term debt. 
https://onlinedatingsoundbarrier.blogspot.com/2019/08/match-group-nasdaqmtch-soars-after.html

Law Firms To Investigate Claims On Behalf of Investors of Match Group, Inc. - MTCH
http://onlinedatingsoundbarrier.blogspot.com/2019/10/law-firms-to-investigate-claims-on.html

Law Firms To Investigate Claims On Behalf of Investors of Match Group, Inc. - MTCH

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Match Group, Inc. and Encourages Investors with Losses to Contact the Firm
https://finance.yahoo.com/news/important-investor-alert-schall-law-030500372.html

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Match Group, Inc. - MTCH
https://finance.yahoo.com/news/shareholder-alert-pomerantz-law-firm-231500414.html
 
MATCH GROUP SHAREHOLDER ALERT: Lawsuit Filed on Behalf of MTCH Investors
http://onlinedatingsoundbarrier.blogspot.com/2019/10/match-group-shareholder-alert-lawsuit.html

Barry Diller accused of covering up Tinder CEO
http://onlinedatingsoundbarrier.blogspot.com/2019/10/barry-diller-accused-of-covering-up.html
 
SA article: IAC to spin off Match Group
http://onlinedatingsoundbarrier.blogspot.com/2019/10/sa-article-iac-to-spin-off-match-group.html

SA article: IAC to spin off Match Group

https://seekingalpha.com/news/3505286-iac-spin-match-group-angi-action-waits
https://seekingalpha.com/article/4296103-match-group-starting-remind-netflix


Barry Diller accused of covering up Tinder CEO
http://onlinedatingsoundbarrier.blogspot.com/2019/10/barry-diller-accused-of-covering-up.html


Former Tinder execs call ex-CEO’s defamation suit a ‘public smear campaign’
https://www.theverge.com/2019/10/8/20904751/tinder-sean-rad-greg-blatt-rosette-pambakian-defamation-lawsuit

MATCH GROUP SHAREHOLDER ALERT: Lawsuit Filed on Behalf of MTCH Investors
http://onlinedatingsoundbarrier.blogspot.com/2019/10/match-group-shareholder-alert-lawsuit.html

IAC considering spinoff of Match Group, shareholder letter says

https://www.bizjournals.com/dallas/news/2019/08/07/iac-match-group-spinoff.html

As of March 31, IAC’s economic ownership interest in Match (Nasdaq: MTCH) was 80 percent and its voting interest was more than 95 percent, according to a regulatory filing.

Match Group's (MTCH) CEO on Q2 2019 Results - Earnings Call Transcript
http://onlinedatingsoundbarrier.blogspot.com/2019/08/match-groups-mtch-ceo-on-q2-2019.html

As of June 30, 2019, the Company had ... USD 1.6 Billion of long-term debt.  
Also 3 lawsuits.

(.....) Demonstrates the Power of a Law Degree

https://chronicleweek.com/2019/06/greg-blatt-law-degree/
 
During his tenure Ms. Rosette Pambakian said  "shine a light on the terrible practices I have witnessed from Match." and other issues.
https://www.businessinsider.com/tinder-exec-rosette-pambakian-email-to-staff-about-suing-iac-and-match-2018-8/
https://onlinedatingsoundbarrier.blogspot.com/2018/05/match-user-alleges-site-spams-paying.html

But she was silenced by Mandy.
https://www.theverge.com/2018/12/18/18146668/tinder-lawsuit-match-rosette-pambakian-fired
No mention to MTCH and former Tinder founders war
No mention to MTCH and Badoo - Bumble war



Match, Bumble Evidence in IP Dispute to Remain Confidential
https://onlinedatingsoundbarrier.blogspot.com/2019/01/match-bumble-evidence-in-ip-dispute-to.html
 
The Tinder lawsuit is going to get nasty (part 2)
https://onlinedatingsoundbarrier.blogspot.com/2018/08/the-tinder-lawsuit-is-going-to-get.html

New York Times article: Tinder and Bumble Are Seriously at War
https://onlinedatingsoundbarrier.blogspot.com/2018/04/new-york-times-article-tinder-and.html

Four Tinder plaintiffs drop out of lawsuit because Match might have quietly changed their contracts ?
https://onlinedatingsoundbarrier.blogspot.com/2018/08/four-tinder-plaintiffs-drop-out-of.html

Experience Working with Business Moguls Influenced His Career
http://onlinedatingsoundbarrier.blogspot.com/2019/06/experience-working-with-business-moguls.html

Experience Working with Business Moguls Influenced His Career

https://gazetteday.com/2019/06/greg-blatt/

FULL OF LIES!!!

No mention to MTCH and former Tinder founders war
No mention to MTCH and Badoo - Bumble war



Match, Bumble Evidence in IP Dispute to Remain Confidential
https://onlinedatingsoundbarrier.blogspot.com/2019/01/match-bumble-evidence-in-ip-dispute-to.html
 
The Tinder lawsuit is going to get nasty (part 2)
https://onlinedatingsoundbarrier.blogspot.com/2018/08/the-tinder-lawsuit-is-going-to-get.html

New York Times article: Tinder and Bumble Are Seriously at War
https://onlinedatingsoundbarrier.blogspot.com/2018/04/new-york-times-article-tinder-and.html

Four Tinder plaintiffs drop out of lawsuit because Match might have quietly changed their contracts ?
https://onlinedatingsoundbarrier.blogspot.com/2018/08/four-tinder-plaintiffs-drop-out-of.html

LONG Fortune articles about Match Group "state of the art"

http://fortune.com/2018/06/27/match-dating-tinder-facebook-bumble/
http://fortune.com/video/2018/06/27/mandy-ginsberg-match-group/

It is believed the Marketing Team from Match Group sites like Match, OKCupid, PlentyOfFish (POF) and other sites from the group, does create fake profiles from inside to entice customers to subscribe with dirty credit card trickery to renew subscriptions, and the CEO is cognizant and endorses that situation!
http://onlinedatingsoundbarrier.blogspot.com/2018/06/match-group-ceo-isnt-worried-about.html
A Match "glitch" reactivated a bunch of old profiles, raising concerns about user data
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/04/a-match-glitch-reactivated-bunch-of-old.html


lot of acquisitions, (but) Match Group is still small
http://onlinedatingsoundbarrier.blogspot.com/2018/06/lot-of-acquisitions-but-match-group-is.html

Match Group CEO will be GAME OVER soon? as per this interview
http://onlinedatingsoundbarrier.blogspot.com/2018/06/match-group-ceo-will-be-game-over-soon.html

The Match Group overpaid for PlentyOfFish last July 2015 (It was insane, USD 575 Million for PlentyOfFish that past its prime 4 years ago).
The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.

Match user alleges site spams paying users with fake profiles
http://onlinedatingsoundbarrier.blogspot.com/2018/05/match-user-alleges-site-spams-paying.html


Compatibility is all about a high level on personality similarity between prospective mates for long term mating with commitment, and not meet other people with similar interests or political views.

High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.
 
Without offering the NORMATIVE 16PF5 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry.
 

Lack Of Innovation and Decadence can summarize the Online Dating Industry.
C-Level executives are more worried about their golf scores than their company’s long term strategy and innovations.
C-level executives are cooking barbecues under the water (selling smoke) and not paying attention to latest research from Academics which could be beneficial for the Online Dating Industry.

IAC CEO very afraid of Facebook dating app (via CNBC)

https://www.cnbc.com/2018/05/09/iac-ceo-on-facebook-cannot-just-uproot-us.html

•     IAC CEO Joey Levin penned a letter assuring shareholders the Match Group parent company was well-positioned to compete with Facebook in the dating space.
•     In his note to investors, Levin came across as cautious — but he resolved to gear up for an inevitable battle for dominance.
•     Shares fell despite that IAC beat on first quarter revenue.

Match user alleges site spams paying users with fake profiles
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/05/match-user-alleges-site-spams-paying.html

My bet Tinder is cannibalizing Match site.
http://www.alexa.com/siteinfo/match.com

Match Group Reports Q1 2018 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/05/match-group-reports-q1-2018-results.html

Facebook is copycatting Tinder and Bumble (via Recode)
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/05/facebook-is-copycatting-tinder-and.html

Match Group Reports Q1 2018 Results

Q1 2018 HIGHLIGHTS
   
• Total Revenue grew 36% over the prior year quarter to USD 407 Million , the highest quarter-over-quarter revenue growth since the IPO.
• Tinder Average Subscribers were 3.5 Million in Q1 2018, increasing 368,000 sequentially and 1.6 Million year-over-year.
As of March 31, 2018 , the Company had USD 288 Million in cash and cash equivalents and USD1.3 Billion of long-term debt.
The Company has a USD 500 Million revolving credit facility, which was undrawn as of March 31, 2018 and currently remains undrawn.
http://ir.mtch.com/news-releases/news-release-details/match-group-reports-first-quarter-2018-results
http://ir.mtch.com/static-files/4969f909-5c91-4efe-9489-e533adbc4d3e
For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.

about SA article: JPMorgan downgrades Match, expects Tinder adds to drop by half
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/about-sa-article-jpmorgan-downgrades.html


Match Group Settled intellectual property litigation against TanTan
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/05/match-group-settled-intellectual.html

Facebook is copycatting Tinder and Bumble (via Recode)
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/05/facebook-is-copycatting-tinder-and.html

SA article: Tinder Points To Bigger Problems With Mobile
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/sa-article-tinder-points-to-bigger.html

Match Group (MTCH) Reports Full Year 2017 Results / Q4 2017 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/match-group-mtch-reports-full-year-2017.html

Badoo, eight times more users than Tinder
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/badoo-eight-times-more-users-than-tinder.html

No IPO for Badoo and no IPO for Bumble?

Some days ago, GDI published an article about
"Bumble Considering an Initial Public Offering, Says Wolfe Herd"

https://globaldatinginsights.com/2018/03/20/bumble-considering-an-initial-public-offering-says-wolfe-herd/

But please see this info from
https://gigaom.com/2010/11/12/419-another-russian-ipo-social-net-badoo-rumoured-for-float/
and
http://uk.businessinsider.com/full-transcript-badoo-ceo-andrey-andreev-on-his-apps-redesign-partnerships-and-bumble-2017-4

BI: In 2012 you said you were unsure about an IPO. Has that changed?
AA: Badoo for me, is like a favourite child. Quite an old baby, though. Badoo is not just a standalone product. It's a massive machine, a factory of features with lots of extremely talented and dedicated people working on it.

An IPO for every company means the beginning of an end, when the structure becomes more co-operative and innovative projects are hard to pass through line managers.

Believe it or not, but after 11 years of Badoo it still feels like a startup. We are open to ideas from every single member of our team. We test, make mistakes and create new exciting products for Badoo. What's not to love? I think I'll stick to it for a little while.

• Badoo NOT ON SALE, Founder talks at GQ magazine

http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/badoo-not-on-sale-founder-talks-at-gq.html
 

• Badoo founder does not consider Tinder a competitor

http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/badoo-founder-does-not-consider-tinder.html

• BI article: The reclusive CEO of dating app Badoo on his app's redesign

http://onlinedatingsoundbarrier.blogspot.com.ar/2017/04/bi-article-reclusive-ceo-of-dating-app.html 
Bumble clapped back at Match Group / Tinder's lawsuit with a full-page ad published in the New York Time
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/bumble-clapped-back-at-match-group.html
https://www.marketwatch.com/story/tinder-and-bumble-will-never-be-a-match-and-match-may-be-better-off-for-it-2018-03-20#_=_



It is said Badoo is run by Russian Mafia in the spyware business.
Now they are in big war with Tinder (Match Group)
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/tinders-parent-company-match-group-is.html

Match CEO Downplays Intimidation Accusations in Bumble Brawl (via Bloomberg)
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/match-ceo-downplays-intimidation.html

SA article: Tinder Points To Bigger Problems With Mobile

https://seekingalpha.com/article/4155686-match-group-tinder-points-bigger-problems-mobile 

For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
about SA article: JPMorgan downgrades Match, expects Tinder adds to drop by half
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/about-sa-article-jpmorgan-downgrades.html

SA article: I Blew It On Match Group, But It Isn't Too Late
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/sa-article-i-blew-it-on-match-group-but.html

Match Group (MTCH) Reports Full Year 2017 Results / Q4 2017 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/match-group-mtch-reports-full-year-2017.html

Badoo, eight times more users than Tinder
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/badoo-eight-times-more-users-than-tinder.html

The Tinder struggle, visualized
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/03/wp-redditors-made-graphics-to-visualize.html
via Washington Post

" It is likely that receiving the notification of a match on Tinder indicating that someone "likes" you, or finds you attractive, would enhance feelings of validation or self-worth."

SA article: Match earnings call: Plans for 2H deceleration, mentions tech patent

https://seekingalpha.com/news/3328958-match-earnings-call-plans-2h-deceleration-mentions-tech-patent
https://seekingalpha.com/article/4144264-match-groups-mtch-ceo-mandy-ginsberg-q4-2017-results-earnings-call-transcript
https://www.google.com/patents/US9733811

Perhaps it is only a bogus patent.
See as sample
"Patent Troll Takes Aim At iDating Industry" talking about the U.S. Patent No. 5,623,660 issued April, 1997.
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/01/a-patent-issue-from-2007.html
 
Patent troll defeated by Spark Networks.
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/08/patent-troll-defeated-by-spark-networks.html

Bumble is not independent from Badoo structure (servers, database)
There is NO ROOM for Tinder and Bumble in the same boat, they are in war between them now, so if MTCH acquires Bumble, they will fight between them.

Match Group (MTCH) Reports Full Year 2017 Results / Q4 2017 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/02/match-group-mtch-reports-full-year-2017.html

Match Group (MTCH) Reports Full Year 2017 Results / Q4 2017 Results

http://ir.mtch.com/news-releases/news-release-details/match-group-reports-fourth-quarter-2017-results
http://ir.mtch.com/static-files/4b8c3e80-5bfe-4185-a113-9fe17e3c59f3
http://ir.mtch.com/static-files/3cee96f8-7e84-4acd-91c0-aab2e9e62204
As of December 31, 2017, the Company had USD 273 Million in cash and cash equivalents and had USD 1.3 Billion of long-term debt.
Net loss of USD 9 Million or USD 0.03 per diluted share is driven by the inclusion of USD 92 Million of discrete tax charges related to U.S. tax reform.

For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.

Badoo & Bumble on sale?
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/01/badoo-bumble-on-sale.html
 
SA article: "Match Group: Time To Sell"
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/11/sa-article-match-group-time-to-sell.html

Match Group (MTCH) Reports Q3 2017 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/11/match-group-mtch-reports-q3-2017-results.html

SA article "Tinder, Match, Fire"

https://seekingalpha.com/article/4137781-tinder-match-fire
but see this information from Alexa
http://www.alexa.com/siteinfo/match.com
http://www.alexa.com/siteinfo/pof.com
http://www.alexa.com/siteinfo/okcupid.com

No peak from NYE 2018!

USA favorite, and least favorite, social media platforms
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/01/usa-favorite-and-least-favorite-social.html
Dating platform Tinder — though not typically what you’d consider social media — was also largely disliked. About 43 percent of people want it to go away — about the same percentage who aren’t familiar with it in the first place.

Facebook overhauls News Feed in favor of 'meaningful social interactions'
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/01/facebook-overhauls-news-feed-in-favor.html

NEW and FRESH Online Dating Market 2017 (via Statista)
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/05/new-and-fresh-online-dating-market-2017.html

No dating website can promise you to find 'the one'
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/01/no-dating-website-can-promise-you-to.html

Many investors are betting against Match Group, the parent company of Tinder.

https://www.cnbc.com/2017/11/20/will-tinder-succeed-or-fail-commentary.html

I agree. Because:

• Several complaints about Match dot com suggest ... database is full of old & inactive profiles, scammers, fake profiles, etc!
  Perhaps Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. ???
• Badoo backed Bumble to fight back and destroy Tinder (last December 2014).
• Match Group overpaid for PlentyOfFish last July 2015 (It was insane, USD 575 Million for PlentyOfFish that past its prime 3 years ago). 
• The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
  Perhaps Tinder steals paid members from Match, OkCupid and PlentyOfFish, cannibalizing it!
  The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.  
• Match Group has a big debt now, in the range of USD 1.2 Billion

Match Group still in talks to acquire Bumble with a valuation over USD 1 Billion ?
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/11/match-group-still-in-talks-to-acquire.html
 
Last May 2016, I suggested USA FTC investigate several online dating sites for misleading statements, false claims, overpromises.
Like Match, eHarmony, Zoosk, OkCupid, EliteSingles (Affinitas GmbH.) copycat of eHarmony, Tinder and others.
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/05/suggested-usa-ftc-investigate-several.html  
 

Match Group (MTCH) Reports Q3 2017 Results

http://ir.mtch.com/static-files/4849e65e-8edc-494d-8130-36c01af0271d
http://ir.mtch.com/static-files/957ad0f1-3c8e-4c39-836d-a7c64e8644f9

Total Revenue was USD 343 Million, a 19% increase over the prior year quarter.
   
Operating income was USD 91 Million, flat to Q3 2016, and Adjusted EBITDA increased 12% to USD 120 Million, both burdened by USD 11 Million in expenses related to the Tinder option conversion and exercises.

For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.

The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.

Match Group's (MTCH) CEO on Q2 2017 Results - Earnings Call Transcript
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/08/match-groups-mtch-ceo-on-q2-2017.html

video: Panel: The Future of Online Dating - NOAH17 London
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/11/video-panel-future-of-online-dating.html

Badoo and Bumble at NOAH17 London Conference
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/11/badoo-and-bumble-at-noah17-london.html