Adult industry is not dead as many would like to suggest. There is still money to be made if you know what you are doing. True, the traditional porn model is broken and webmasters were not making money like we did in 2002. But you evolve and change with the times or else you get left behind. There is two big things driving the adult industry right now and if you invest your money wisely in those two parts of the industry, you are still making money almost like it's 2002 ;) And micro niches are still making money. The industry is smaller but there is still great opportunities to make money in the industry. You just have to stop spinning your wheels
That's one of the reasons I stopped being a webmaster.