03-14-2014, 12:08 PM
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Confirmed User
Industry Role:
Join Date: Aug 2007
Posts: 6,697
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Quote:
Hard times for porn industry
The adult entertainment industry was viewed by many in the industry as ?bullet-proof? when it comes to recession, but this opinion has shifted over the past 12 months.
Mark Kernes, editor of Adult Video News, has been covering the world of porn for over 30 years. He says the industry in the United States was worth around $6 billion before the recession but now estimates filming on new productions is down by as much as 50 percent.
?"It?s the first time I am aware of that the industry has been affected by a downturn in the general economy,? he said.
"At its height I would say there were about 5,000 people employed in various positions, from warehouse people to executives. And perhaps another thousand performers."
But this has changed, he says, with staff being cut and performers now earning much less as budgets are slashed.
Leading porn producer Wicked Pictures has also pointed to the damage being done by piracy, with products being leaked to the Internet and viewed for free.
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http://connecttheworld.blogs.cnn.com...porn-industry/
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