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There have always been shit sites with shit content and shit marketing run by lazy, shady people. Yet, sales didn't seem to start really taking a dump until a few years ago when these tube sites became super prominent. Hell, in my opinion the quality of sites has actually improved over the years. I remember some of the absolutely horrible sites that came and went ten years ago yet sales still rocked for sites that didn't suck.
Piracy seems like the big issue to me. Now, as L-Pink said, we have a whole generation of people who will never pay for porn. Nobody pays for porn anymore. Why would they? They can get everything they need for free. When I met my girlfriend she had YouPorn bookmarked in her favorites.
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