Today I just read this:
http://finance.yahoo.com/loans/artic...s-Credit-Cards
But back to the subject;
So I guess it's a mix of several issues (but not limited to);
-download speeds
-business model (they only last a while and not forever)
-big (external) HDs at lowwww prices
-bad experiences in the past with other sites, dialers or fraud, you name it...
-google dependancy
-pricing
-credit availability (like creditcards, income, value of houses)
-quality of content & updates
-currency exchange rates worlwide
-bad economy (or should I say scary..)
-expectations of clients (and affiliates)
-fear of spending and uncertain future
-trust related issues with CC and personal data
-cross sells
-shame !!
-porn overkill
-looks all alike
-other things to do or worry about then porn
-too much free porn on tgps, mgps, tubes, p2p, torrents, tv channels, what ever is on your harddrive...
-secundary competion from other media like low dvd prices, IPTV, mobile, free TV, dvd copying/swapping/lending, etc.
-direct competition; 200 per sign up deals spoil the affiliates in an unrealistic way and therefore adjusting their expectations based on one-time events and not across the board
etc.
Did you know that most people that buy porn feel ashamed about it ? So there is little chance the will mail or call you to say what they DON'T like or want. They rather just pay then contact you to avoid their shame. (My office number is almost alike to another number of a dutch company that rebills for websites, so sometimes when people dial the wrong number the ask about rebill questions or site access and if I ask what they mean exactly..they just hang up, stotter or say; never mind.)
Come on, everybody knows it just takes 1 minute to 15 minutes to get off....so the important thing is what to offer BEFORE the 1 to 15 minutes start because the surfer is horny. After he comes...he doesnt give a shit about any website he just visited. The goal is achieved

and he doesn't even remember the domainname he just came on.
But let's take the DVD business for example. They used to retail at 29,95 or 89,- in sexhops. Now most dvds are retailed at 1 buck to 5 up to 10 bucks for the newest ones.
One of the reasons internet was sucessfull was you could watch ALL dvds at ONE price (when dvds were 29 to 89 per dvd), but now you can own them and play them on your PC or TV at a few bucks per title and not have any recurring billing on them...and you can still SELL them to somebody else, trade them, etc.
(i am not saying this is THE problem, but just another possible reason)
When I turn on my TV now I have (next to 3 free porn channels 24/7) also the VOD option since a few weeks (like 80% of Dutch households have) and there is a HUGE amount of the best & newest (and amateur) porn movies to see at 1 to 5 bucks a pop; the best thing is...I can just watch it for 24 or 48 hours in best quality or even in HD and I get credit...meaning the 1 to 5 bucks get added to my monthly bill. No creditcard needed.. who do you trust more: your 50 year old cable provider or this new website you have never been on that asks you CC and personal info ??
There was something I read a few weeks back on the net posted on some big Ducth news site. It said that the porn searches & viewings dropped 23%. The reason was ( and it scared me a bit) that people spend more time on facebook kind of sites. People think that is more real then porn. They wanna meet real people, have real excitement, have realistic fantasies and real sex (hopefully).
Is there something like porn-overkill? I used to think that was not the case or even impossible for many years. I watched SO MANY movies since I was a young guy that it becomes harder and harder (nearly impossible) these days to find porn I actually like. I've seen too much I guess. You always compare what you see, to what you already know. That's your reference.
But I am still positive and I still make my living in this business. But it changes so fast all the time. Go with the flow I think it's best these days. But consumer must ALWAYS come first; exceed his expectations or fail. That I believe in! People are no longer stupid.
I am closing down my retail stores, reorganize & consolidate the dvd wholesale bizz with less stock, warehouses & staff & invest more money on internet related business.
Production company is stable but not growing anymore, the model agency we closed down, studio rental is no longer interesting but we decided not to close it, content sales is growing well and so is PPC advertsing per click with HQ traffic. PPM sites dropped a little but not much, VOD is stable and growing, payment systems are growing, free sites are growing, communities do well, domain sales is extra, cams are super and dating is too. Recurring sites I don't have so I would't know.
The last 2 weeks were the most surprising ones I ever encountered to be honest.
I feel like I just wrote a whole book

There is no absolute answer. But there are good questions.