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Originally Posted by TheSquealer
Yeah... "one trick pony". They only did one thing and never did it well and now they are dead.
So what if freeones pushes them in addition to all the other white labels for extra revenue? What does that mean? They've had that in place for almost a decade. Big deal. And... "the best VOD program around"? How many are there? 5? 10? 100? How many did there used to be 10 years ago? 12 years ago? Many many many more. Its a business model that has been dying a slow, agonizing death since 2004. What have they done over those years to stand out? How can you possibly defend someone streaming videos for so many years that required users to download 3rd party software to watch them? That's completely insane and the epitome of ineptitude as a company. That's their core business and it was always done poorly. And where are they now? Nowhere. They were at one time one of the biggest media buyers, if not the biggest in adult. Today? Dead. As they lay dying that jerkoff owner spent everything on a retarded gamble to create an electronic device to stick a penis into - wiht the idea of charging 3X more for VOD to pay for it. Clearly one of the most retarded decisions, made by anyone, ever... in this industry.
When you are building a product that your own employees think is is a total joke... its time for a reality check.
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I actually think they could have made it work especially in the interactive cam space had it not been for all the licensing fees. I am assuming by their statement that is what ultimately did them in.
What is confusing though is that you would have thought they would have known patents existed that covered what they were doing. That is one of these first things you do before investing a bunch of money and introducing a new product (especially hardware). However, to be fair they could have even had a patent on their product and still be sued by a company claiming priority on the claims.
People on the boards always talk about innovate or die which is 100 percent true. However, it is hard to innovate with so many blood sucking patent trolls out there. They just wait for you to get big and then take a pound of flesh. The patent trolls dont even need to be right in their claims. They just have a bunch of attorneys willing to bleed you. The whole patent system is a mess and really hinders innovation.
Over the years, I have seen so many new interactive adult products at shows and almost everyone of them is violating some kind of patent that exists. They either dont know they are or they are being naive to think no one will notice. Patent trolls generally wont bother you when you are small time. They wait until you are big, have money, and then take their shot.