PlanetOut Inc. has the world’s richest person to thank for bailing it out from its financial troubles. None other than Bill Gates, through his Cascade Investment, is among 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.

It’s only a matter of time before searches for “gay porn” on MSN.com turn up PlanetOut’s MenMachine.com.

Original post by perez and software by Elliott Back