Recession Hits Porn Industry

“The death of the DVD business has been more accelerated in the adult business than mainstream,” said Bill Asher, co-chairman of adult industry giant Vivid Entertainment, who estimates that his company’s revenue is down more than 20% this year. “We always said that once the Internet took off, we’d be OK,” he added. “It never crossed our minds that we’d be competing with people who just give it away for free.”

via Los Angeles Times.

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Gay Hoosier Taurus INFJ ex-playwright pianist gymbunny published author in San Francisco. Tw · Fb