HOUSTON—Newly formed company YNOT Group LLC announced today that it has acquired the assets of YNOT Network LP, including the popular YNOT.com resource website for adult entertainment professionals, the newly launched YNOTEurope.com and the long-running annual Cybernet Expo business trade show.
The assets were acquired from former YNOT.com owner Gary Grigoryan for an undisclosed sum, and will be used by YNOT Group as the anchor for an array of new information and technology products the company plans to launch in the coming months and years.
YNOT Group, led by industry veteran Connor Young, and backed by a private European investment group, has taken direct control over the acquired assets. Young, who served as president for YNOT Network previously, will retain his position as president under the new company. Also moving to the new YNOT Group is YNOT veteran Jay Kopita, who will continue to head up all ad sales for YNOT.com, YNOTEurope.com and Cybernet Expo.
"The YNOT brand is one of the longest-running professional brands in the internet industry, and it's a brand that's synonymous with integrity and with the adult internet business itself," explained Young. "We plan to move swiftly and aggressively in the coming months to position YNOT Group and its assets to be successful in both the short term and long term, and we're serious about our mission of providing the information and technologies that will enable adult businesses to stay competitive in a changing landscape."
In response to a query, Young sent the following comments to AVN.
"The really great thing about this acquisition is the team we put together, the people who will be responsible for improving our existing assets and for developing all new products and services in the coming months,” he said. “We've hired a few new faces, and we'll be announcing those staff additions once all details have been finalized. Some of the names might be a pleasant surprise to many people, and they send a message about just how serious and aggressive YNOT Group plans to be with its business development.”
Young elaborated that YNOT as a company is defined by the people who work for it, and that they are distinguished by their love of the industry and their belief that they succeed when the industry succeeds.
“With that in mind,” he added, “our development plans for the next year all involve new products and services that will help adult businesses of all sizes to improve their bottom line by providing them with access to more sales leads, and better information. You'll see that philosophy in place for everything we do as we move forward."
For more information about YNOT Group, including information about advertising adult businesses or services to YNOT's professional adult business audience, email [email protected] or [email protected].
