No business person could justify these kinds of losses continuing.

We had a very long discussion about what all the options are. And I think we've narrowed them down to some degree, we're not going to talk about what those are because they are of a sensitive nature, and we don't want to prejudice a future discussion on those, but we feel like we made a lot of progress and can work to a solution.

Time is of the essence to move this process forward, and we continue to invite all the appropriate stake holders involved here to come to the table and have discussions.

Match.Com is the premier brand in the personals industry, and the Match.Com management team has built a business with rapid growth and an attractive business model, ... We think finding people to do things with is fundamentally local, and is a natural extension to our online offerings.

We've had to shrink our business considerably. We can't fill channels if we can't do it here. We have a brand in Europe and Asia and North America. That's hard-fought distribution. You have to fight for it. You don't like to see it go empty.

Absolutely not. We are committed to being in this business. We feel fortunate to be in this business. It's beneficial to us.