I thought this little news flash was funny.PlanetOut Inc., a leading global media and entertainment company exclusively serving the lesbian, gay, bisexual and transgender community, was bailed out of finanical trouble by billionaire Bill Gates! Through his Cascade Investment, is one of the investors who sunk $26 million to save the flailing gay media conglomerate, which publishes magazines Out and The Advocate, porn titles Freshmen and Unzipped, and operates RSVP Vacations and Gay.com, publisher Alyson Books, and sells raunchy DVDs.
