03-14-2014, 10:12 AM
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Confirmed User
Industry Role:
Join Date: Aug 2007
Posts: 6,697
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Quote:
In 1998, a study by Forrester Research on the porn industry - including paraphernalia, internet, cable television and magazines - estimated it was worth up to $10billion.
This year, the worldwide industry is estimated to be worth up to $5billion - however, it is difficult to know how accurate these figures are.
The mainstream industry has been hit not only through piracy and free content, but people choosing to pay to watch live sex acts over the internet.
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Quote:
Steven Hirsch, who founded porn company Vivid Entertainment, told the newspaper: 'We're dealing with a perfect storm: decliing DVD sales, rampant piracy, free content and a weak economy.'
Piracy, as in the film and music industries, is causing huge problems for mainstream porn companies.
Kathee Brewer, an editor at AVN, which covers the porn industry, told USA Today:'The tubes are making money off the studio's investment of time and money, while the studios are forced to spend ever larger chunks tof change to police the tubes and send endless takedown notices.'
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http://www.dailymail.co.uk/news/arti...orn-stars.html
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