LOS ANGELES—Clip retailer iWantEmpire, which already owns iWantClips and iWantCustomClips, submitted "Indication of Interest" letters on January 19 to both Clips4Sale and KinkBomb. KinkBomb accepted the letter of interest and negotiations are “moving forward” though no purchase has been finalized.
“As part of our effort to grow and expand our brand, we are pleased to hear our initial letter of interest for KinkBomb was accepted, and move into the next phase,” said Jay Phillips, founder and president of iWantEmpire.
KinkBomb is recognized for its high-quality content from a wide variety of fetish artists and adult film producers who specialize in BDSM, cuckolding, femdom, foot worship, spanking, voyeur and more.
Clips4Sale, on the other hand, rejected the letter. “Although our initial offer to Clips4Sale has been rejected, we aren’t swayed. We made offers to two of the companies in our segment which we respect. KinkBomb and Clips4Sale have great name recognition, a large customer base and brand awareness within the market. We believe merging these properties with iWantEmpire’s technology will enhance both the artist and customer experience. The merger will represent the largest acquisition in the history of the clip industry, and one we will continue to pursue.”
Clips4Sale is known as the original clips site featuring thousands of clips in a variety of categories on its site, which averages 1.3 million daily page views and 20 million visitors each month. Clips4Sale properties include Images4Sale, Videos4Sale, and its streaming membership site, C4Smembers.
For more information, visit iWantEmpire.com.