03-14-2014, 10:00 AM
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Confirmed User
Industry Role:
Join Date: Aug 2007
Posts: 6,697
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Quote:
Poll: Porn Revenues Exceed $5 Billion According to Industry Survey
LOS ANGELES ? In spite of an economic recession, an oversupply of free porn online and rampant piracy, the business of porn continues to impact the global economy on a multi-billion-dollar level, according to the results of a new industry poll conducted by media organization XBIZ.
The majority of industry insiders place annual gross revenues in the $5 billion-plus range worldwide. The results are based on responses from members of XBIZ.net, the adult entertainment industry?s leading social network.
While revenues have declined sharply in some market segments of the industry since the mid-2000s, the demand for adult entertainment remains strong. In an era where mobile content delivery and interactive entertainment is gaining market share, XBIZ asked industry members: "In your estimation, how big is the porn industry today??
Of the 311 respondents, 36% believe the industry generates revenues of ?more than $5 billion per year,? while 29% say that number is ?more than $10 billion per year.? Another 21% estimate the industry to be worth ?more than $1 billion per year,? while the remaining 14% say it?s ?less than $1 billion.?
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http://www.xbiz.com/news/151751
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