BERLIN, July 7, 2021 /PRNewswire/ -- Spark Networks
SE (NYSE American: LOV), a leading social dating platform for
meaningful relationships, today announced that the company has
begun to record revenue from Zoosk Live! a livestreaming service
offered via a partnership with ParshipMeet Group.
Zoosk Live! is the result of Spark leveraging ParshipMeet
Group's Live video Platform as a Service (vPaaS) product, which
powers some of the world's largest livestreaming video dating apps
by monetizing user videos.
The service offers a range of livestreaming options, including
challenges, events, and interactive features like NextDate™, a
speed dating game where Zoosk members can take a starring role in
front of a livestreaming audience. Members can also forge
connections with people all around the world by publicly commenting
on videos and rewarding streamers with likes and follows. The new
service is currently available to all
Zoosk iOS and Android app users in the US,
UK, Canada, and Australia. For more information, please
visit; Spark Live! Info.
The launch of Zoosk Live! marks Spark Networks' initial step
into the emerging social discovery sector. Social
discovery is the business of connecting people with mutual
interests, such as gaming, entertainment, travel, etc. The
sector is closely related to the dating industry but not limited to
it. There are some that believe Social discovery will grow to be
twice the size of the dating sector.
"We're excited to bring livestreaming to Zoosk users, allowing
them to connect with others in a fun social environment," said
Eric Eichmann, CEO of Spark
Networks. "This launch reinforces our commitment to exploring
new areas of personal connection while beginning our
expansion beyond online dating and into the emerging
social discovery space."
Spark Network's VP of Product, Anika Mueller, says: "We're
launching Zoosk Live! at a fascinating time for streaming
technology. Events over the last year and a half have led to people
exploring the social possibilities of live video like never before.
We anticipate that people will continue embracing this tech even as
they return to in-person meet ups."
Safe Harbor Statement:
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, statements involving known and unknown risks,
uncertainties, and other factors that may cause Spark Networks'
performance or achievements to be materially different from those
of any expected future results, performance, or achievements.
These statements include without limitation statements regarding
the expected increase in revenue and user engagement as a result of
Zoosk Live!; statements regarding the launch of Zoosk Live!
reinforcing Spark Network's commitment to exploring new areas of
personal connection while beginning its expansion beyond online
dating and into the emerging social discovery space; and statements
regarding Spark Network's anticipation that people will continue
embracing streaming technology even as they return to in-person
meet ups.
Any statements in this press release that are not statements of
historical fact may be considered to be forward-looking statements.
Written words, such as "believes," "hopes," "intends," "estimates,"
"expects," "projects," "plans," "anticipates," and variations
thereof, or the use of future tense, identify forward-looking
statements. By their nature, forward-looking statements and
forecasts involve risks and uncertainties because they relate to
events and depend on circumstances that will occur in the near
future. There are a number of factors that could cause actual
results and developments to differ materially, including, but not
limited to, the risks related to the degree of competition in the
markets in which Spark Networks operates; risks related to the
ability of Spark Networks to retain and hire key personnel,
operating results and business generally; the timing and market
acceptance of new products introduced by Spark Networks'
competitors; Spark Networks' ability to identify potential
acquisitions; Spark Networks' ability to comply with new and
evolving regulations relating to data protection and data privacy;
general competition and price measures in the market place; risks
related to the duration and severity of COVID-19 and its impact on
Spark Networks' business; and general economic conditions.
Additional factors that could cause actual results to differ are
discussed under the heading "Risk Factors" in Spark Networks'
Annual Report on Form 10-K for the year ended December 31,
2020 and in other sections of Spark Networks' filings with the
Securities and Exchange Commission ("SEC"), and in Spark Networks'
other current and periodic reports filed or furnished from time to
time with the SEC. All forward-looking statements in this press
release are made as of the date hereof, based on information
available to the Company as of the date hereof, and the Company
assumes no obligation to update any forward-looking statement
except as required by law.
About Spark Networks SE:
Spark Networks SE is a leading global dating company, listed on
the New York Stock Exchange American under the ticker symbol "LOV,"
with headquarters in Berlin, Germany, and offices in New
York and Utah. The Company's widening portfolio of
premium and freemium dating apps include Zoosk, EliteSingles,
SilverSingles, Christian Mingle, Jdate, and JSwipe, among
others. Spark Networks SE in its current form is the result of the
merger between Affinitas GmbH and Spark Networks, Inc. in 2017 and
the addition of Zoosk, Inc. in 2019. Spark has approximately one
million monthly paying subscribers globally.
About ParshipMeet Group
ParshipMeet Group is an
international market leader in online dating. With its uniquely
diverse business approach, the company covers the whole spectrum of
the online dating market, ranging from social dating with a strong
entertainment component based on live video streaming, to serious
matchmaking. ParshipMeet Group's brand portfolio consists of
internationally successful and established brands with
complementary strengths. Social dating and entertainment apps
MeetMe, Skout, Tagged, GROWLr, and LOVOO focus on social
connections, entertainment, and community. Matchmaking services
such as eharmony or European-based Parship use scientific methods
to help people find their partner for a compatible, happy long-term
relationship. Headquartered in Hamburg,
Germany, the company currently employs a workforce of more
than 1,100 in eight offices worldwide. www.parshipmeet.com
For More Information
Investors:
Christopher Camarra
Vice President of Investor Relations
christopher.camarra@spark.net
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SOURCE Spark Networks SE