03-14-2014, 12:01 PM
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Confirmed User
Industry Role:
Join Date: Aug 2007
Posts: 6,697
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Quote:
The porn industry, as a whole, is thought to generate roughly $14 billion in revenue per year, but revenue from films has been shrinking, due to piracy and an abundance of free content on the Internet.
"The nature of the industry is we don?t make nearly as many products as we did once," says Scott Taylor, president and founder of New Sensations.
Sex toy sales, though, remain strong, particularly high-end adult novelties. Designed with medical grade silicon and often looking like something that sprung from the labs of Apple, these products are now offered by mainstream retailers such as Brookstoneand featured in publications such as "Women's Health" and "Glamour."
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http://www.cnbc.com/id/45989346
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