In 2004,
United Online acquired Classmates.com and owned and operated the company as part of its Classmates Media Corporation
subsidiary until 2015. In 2010, Classmates.com rebranded to Memory Lane, which included a website redesign, and included content like movie trailers, songs, and photos. In 2011, Classmates dropped the Memory Lane brand. Classmates Media operated online social networking and loyalty marketing services under the Classmates.com and MyPoints brands, respectively. In August 2015, Classmates was acquired by PeopleConnect Holdings, Inc., a portfolio company of
H.I.G. Capital. Classmates is now operated as a division of PeopleConnect, which also owns
Intelius. In 2020, PeopleConnect completed a merger with The Control Group, a provider of B2C information services located in San Diego, California. Classmates Media Corporation's
business model is based on
user-generated content and
revenue from paid
subscriptions and
advertising sales. As of 2023, under the PeopleConnect leadership team, including CEO Steven Gray & CFO Sach Barot, the B2C information services division of PeopleConnect operates from the San Diego location. The Classmates division, led by President Sarah Howe, is located in Bellevue, Washington. ==Users and ranking among other social networking sites==