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Old 05-15-2008
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Default Godtube.com gets major investors

Last week the site, which shows Christian videos and features a flip-through Bible and prayer blogs, received a $30 million investment from GLG Partners, a big London hedge fund. The investment valued GodTube at nearly $150 million, according to PaidContent.org.

GodTube offers sermons, theological debates, Christian rap videos and low-budget skits like “See man watching porn get caught by Jesus,” which plays out exactly as the title suggests. The investment will help sustain the on-screen Bible and a prayer wall where devout Web surfers can petition God to bless the afflicted or warm the heart of an intransigent girlfriend.

When it was introduced in August, GodTube became the fastest-growing Web site as rated by comScore.com, attracting 1.7 million unique visitors for the month. The traffic remains about the same today. “People thirst for more than just a once-a-week relationship with the Lord and Savior,” said Jason Illian, GodTube’s chief strategy officer. “They desire something that they can live out 24/7.”

Just wait til retards.com lauches it's tube site.


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