Brad Greenspan’s LiveUniverse acquires Peerflix
Peerflix is a company I founded back in 2004 with Billy McNair. I’m happy to announce that LiveUniverse, started by MySpace founder Brad Greenspan, has acquired Peerflix.com. Terms of the deal will not be disclosed.
Peerflix started as a peer-to-peer version Netflix where users traded the DVDs they own with each other for $0.99 each. Later Peerflix morphed into a much more lucrative business called the Peerflix Media Ad Network. Kind of an ad network in the movie industry vertical. In the process, Peerflix acquired TheMovieBlog which helped to achieve critical mass.
Great job to Billy and the team!
Congratulations!!
[...] getting reports that Peerflix, the tumultuous company that switched from acting as a DVD-swapping service to an ad [...]
[...] Peerflix, a company founded in 2004 by Danny Robinson and Billy McNair, was acquired by LiveUniverse… [...]
Big congrats on the exit Danny!
[...] Live Universe buys DVD-sharing service turned ad network Peerflix — Terms aren’t being disclosed. [...]
Where is the party?
another feather in the cap and congrats danny!
Brilliant Dan!