Discontinued Operations and Dispositions

12 Months Ended

Dec. 31, 2011

Discontinued Operations and Dispositions [Abstract]

Discontinued Operations and Dispositions

2. Discontinued Operations and Dispositions

Consumer Products

In the first quarter of 2008, the Company's management made the decision to exit the remaining consumer products activities and to sell or otherwise dispose of its remaining consumer assets. The various remaining related websites and assets associated with the consumer products activities met the criteria to be classified as discontinued operations. The results of operations related to assets to be disposed of, and of previously disposed assets, including any related gains and losses are classified as discontinued operations in the accompanying Consolidated Statements of Operations.

As of December 31, 2011, the Company continues to own the Wisenut search engine technology, intellectual property rights in such technology and other assets.

Income from discontinued operations was $0.4 million for the year ended December 31, 2010.

Net Nanny

On January 22, 2007, the Company completed the sale of Net Nanny to Content Watch, Inc. (“Content Watch”). The sale proceeds were comprised of contingent purchase consideration that may be realized at future dates based on the amount of revenue received by Content Watch. The Company recorded contingent purchase consideration of zero and $0.4 million for the years ended December 31, 2011 and 2010, respectively. Under the terms of the Content Watch agreement, the contingent purchase consideration period ended December 31, 2010. Contingent purchase consideration has been classified as gain on disposal.