Money Saving Expert.com - Corporate Structure

Corporate Structure

It is wholly owned by the Moneysupermarket.com group, following its purchase for up to £87m in September 2012. MoneySavingExpert.com remains editorially independent, as part of the contractually binding Editorial Code

The site's profits are thanks to affiliate payments, which can be £100 or more on the sale of financial products. In the year ending 31 October 2011, MSE had revenue of £16m and profits of £12.6m

Lewis has also caused disquiet in Affiliate Marketing circles for promoting cashback sites where the consumer gets the money for affiliate payments for themselves. This is likely to have had a substantial impact on the revenue his own site makes too.

Read more about this topic:  Money Saving Expert.com

Famous quotes containing the words corporate and/or structure:

    “It’s hard enough to adjust [to the lack of control] in the beginning,” says a corporate vice president and single mother. “But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.”
    Anne C. Weisberg (20th century)

    Vashtar: So it’s finished. A structure to house one man and the greatest treasure of all time.
    Senta: And a structure that will last for all time.
    Vashtar: Only history will tell that.
    Senta: Sire, will he not be remembered?
    Vashtar: Yes, he’ll be remembered. The pyramid’ll keep his memory alive. In that he built better than he knew.
    William Faulkner (1897–1962)