Mobile Content and Community Brands Dominate the Inc. 5000 Media Category
FriendFinder is top magazine publisher for third year in a row.
For the third consecutive year, FriendFinder Networks, the Boca Raton, Florida-based publisher of Penthouse, has been ranked the fastest growing magazine publisher by Inc. Magazine, which earlier this week released its annual ranking of the 5,000 fastest-growing privately held companies in the U.S.
FriendFinder, which also operates sexually-oriented online social networks, placed 18th in the media category and 540th overall, with three-year revenue growth of 620 percent to $346 million in 2010. Newsletter publisher Wealthpire was the fastest growing print publisher, ranked #7 in media.
The number one company in the media category: GoLive! Mobile, which "creates and packages content, including videos, games, and social media, for consumers to access on their mobile phones" as well as offers consulting services to companies that want to create their own mobile content. GoLive ranked 41st overall, with three-year revenue growth of 4,526 percent to $36.3 million in 2010.
Social gaming community Cellufun ranked second on the media list with $6.2 million in revenue while women’s website MyDaily Moment was third with three-year revenue growth of 1,952 percent to $3.7 million. Professional networking giant LinkedIn was #17 in media (and #517 overall) with three-year revenue growth of 648 percent to $243.1 million in 2010. Demand Media ranked #37 in media and #2148 overall.
Regional and b-to-b publishers fared well on the list including Integrated Media Solutions (#10 in media, #356 overall), N2 Publishing (#24 in media, #1130 overall), Issue Media Group (#25 in media, #1241 overall) WTWH Media (#32 in media, #1838 overall) SmartCEO Media (#42 in media, #2796 overall), Advocate Media (#47 in media, #3372 overall), Charter Financial Publishing Network (#54 in media, #3770 overall), Praetorian Group (#55 in media, #3821 overall), Energy Central (#59 in media, #4175 overall) and Journal Publications (#64 in media, #4384 overall).
Two Felix Dennis-owned publications were back-to-back on the Inc. 5000 list: Mental Floss, ranked #50 in the media category with three-year revenue growth of 52 percent to $3.1 million in 2010, and The Week at #51 in media with three-year growth of 49 percent to $38.4 million in 2010.
Paper manufacturer NewPage also made the list (#3062 overall with three-year growth of 66 percent), much to the consternation of anonymous blogger Dead Tree Edition, who writes, "What [Inc.] doesn’t mention is that the growth came solely from NewPage’s purchase of Stora Enso’s North American assets (including Port Hawkesbury) in late 2007. NewPage’s sales dropped by 17% from 2008 to 2010 and are still declining because it has shut one-fourth of its production capacity. What was a 12-mill company in December 2007 is to become an eight-mill operation next month if the company follows through on its announced idling of Port Hawkesbury."