The adult-entertainment industry is in a tailspin, shattering the notion that it is one of the few recession-proof industries.
The slump is especially stinging because technology — which helped adult-entertainment enterprises reap riches through innovations such as video streaming, webcameras and online payments — is contributing to the misery.
DVDs and online pay sites, which make up the majority of porn-related sales, are in a free fall largely because of the rise of so-called tube sites.
Knockoffs of video-sharing site YouTube, the sites serve up snippets of free porn that is often pirated. (Google's YouTube has done its best to bar explicit content.)
Tuesday, March 02, 2010
Free porn on 'tube sites' puts a big dent in industry
USA Today reports:
