SpankBang Company Profile

After being accused of tax cheating, Thylmann sold his shares in Manwin to Feras Antoon and David Tassilo, the senior management of the business, for $100 million in October 2013. That same month, Mindgeek became the name of the business. This happened as Manwin and Redtube, a sizable pornographic website not connected to its network, amalgamated.

The 2011 alliance between Playboy and MindGeek, according to Playboy CEO Scott Flanders, was “the worst mistake I’ve ever made at the company.” Playboy, he continued, “should not have associated with being in the sex-act industry.” Playboy regained control of Playboy.com in the spring of 2014 “at substantial expenditure,” but Mindgeek continued to be in charge of Playboy TV and Playboy Plus, and Mindgeek continues to be the owner of the Spice TV channels, which were also acquired from Playboy.

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In order to introduce Reality Kings TV on satellite TV services in the Benelux and Central and Eastern Europe, Playboy Plus and M7 Group partnered in April 2015.

[48] In May 2015, MindGeek agreed to a distribution arrangement with Pulse Distribution, one of the biggest adult entertainment distributors, to release DVDs from Babes.com, Men.com, Mofos, and Reality Kings as well as content from Brazzers and Digital Playground. [49] MindGeek purchased ExtremeTube, SpankWire, and KeezMovies in October 2015. [51] Similar to how the PornHub Network is connected, these websites are connected by a network called Spankwire Sites.

In order to pay for their numerous services, MindGeek began taking Verge cryptocurrency in April 2018.