The Importance of Hinge

The new management team said that they are potentially going to change their strategy at the legacy brands and run them more for cash, which I think is code speak for not propping them up with tons of marketing spending. So even though they're 23% of revenue, it's really not important to the financial picture. And then these new niche offerings are growing at scale and could potentially balance the clients of these older properties over the long term. But right now they are generating inconsequential amounts of revenue, which we'll go into in a further section.

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