and he tries to unload it for $20 mil to Vivid and A.E.B.N. ?
I picked up the new issue of Portfolio and came accross this article.
http://www.portfolio.com/culture-lif...inment-Profile
I never looked into the tube sites much but after reading this article I realized how much money these sites are probably loosing. I know of a way to make these sites extemely profitable but should I even approach them about it? This business seems to be killing many of us.
Do you think they will survive?
This is not anything like the tgp argument many have had in the past. Tgp's never paid for the bandwidth of the content... it was the submitters. So obviously the submitters were taking that into account to make their posts profitable. And tgp's spread like wildfire because of the low entry cost. But these tube sites are burning massive bandwidth and creating a HUGH collection of very valuable content all available for free. They are going way beyond what tgp's ever did.
Obviously this is what people want. But how can tube sites survive with this model if it is going to slowly kill the only other model that will support them? Paysites need to buy ads from tube sites for them to survive. The only sites to be able to do this are webcam sites, dating, and site with content that is very different from the more amateur style they provide.
Maybe it will just kill the Amateur market?
Will the huge startup costs of these sites prevent them from taking over or will we support these sites enough to make them profitable and sacrifice the amateur market to make money in other markets?
Great read...
http://www.portfolio.com/culture-lif...inment-Profile