Penthouse Publisher Again Ranked Fastest-Growing
Inc. magazine unveils the 2010 5,000 fastest-growing private companies.
For the second consecutive year, FriendFinder Networks, the Boca Raton, Florida-based publisher of Penthouse magazine, has been ranked the fastest-growing magazine publisher by Inc. magazine. The Mansueto Ventures-owned title released its annual ranking of the 5,000 fastest-growing privately held companies in the U.S. today.
FriendFinder, which also operates sexually-oriented online social networks, placed 303 overall on the list and eighth in the media category. The company grew its revenues by 993 percent from $30 million in 2006 to more than $327 million in 2009.
The top ranking privately-held media company this year, according to Inc., is Blurb, an online resource for authors to design, publish, market and sell books. Also cracking the media category this year are Thrillist (ranked third in media, 93 overall), StumbleUpon (fifth in media, 126 overall) and avatar-based 3-D social network IMVU (tenth in media, 456 overall).
Other magazine publishers making the list this year include: Hoffman Media (#38 in media, #3,102 overall), Mental Floss (#43 in media, #3,546 overall), SmartCEO Media (#45 in media, #3,566 overall), Advocate Media (#48 in media, #3,748 overall), Chansen Publishing (#50 in media, #3,963 overall), S&A Cherokee (#52 in media, #3,963 overall), Performance Media (#54 in media, #4,451 overall) and Hanover, Massachusetts-based Pinnacle Publishing Group (#59 in media, #4,861 overall).
Companies on the 2010 Inc. 5000 list are ranked according to percentage revenue growth between 2006 and 2009. Qualifying companies are required to have been founded and generating revenue by June 30, 2006, and must be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies.
Topping Inc.’s list overall is Ambit Energy, a Dallas, Texas-based customer service and customer retention group in the state’s energy sector. Its three-year revenue grew 20,369 percent from $1.6 million in 2006 to $325 million in 2009.