Adult Industry
Friday, May 1st, 2009Here’s an excerpt from a recent Brent Bozell column (Bozell is hard-right, but some interesting content here that might work on your new PTV site)
“….so with an eye on the opening of the latest “adult entertainment” expo in Las Vegas, Hustler magazine publisher Larry Flynt and “Girls Gone Wild” DVD king Joe Francis issued a press release calling on the 111th Congress to “provide a financial bailout for the adult entertainment industry along the lines of what is being sought by the Big Three automakers.”(In case you’re wondering, yes, this is the same Joe Francis who recently left prison after serving 11 months and posting a $1.5 million bond, convicted on tax evasion charges.)
Flynt insists it is time for Congress to restart “the sexual appetite of America,” and his product is more important than cars: “People are too depressed to be sexually active,” Flynt laments. “This is very unhealthy as a nation. Americans can do without cars and such but they cannot do without sex.”
They are asking for $5 billion. They are also asking for a whole lot of publicity, too. Those sleazy CEO tongues were clearly in their cheeks, since the press release carried the headline “The $13 Billion Industry Is In No Fear Of Collapse, But Why Take Chances?”
Francis was serious – and obnoxious – enough to send letters to liberal House members like Henry Waxman (his local representative), and Barney Frank (the chairman of the Financial Services Committee). Naturally, Forbes reported “Representatives for Waxman and Frank weren’t picking up their phones.” Francis also sees hope in President-elect Obama: “I bet he’s a Girls Gone Wild fan.”
Flynt and Francis argue that their business has been hit hard by the economic downturn. They claim DVD sales and rentals have decreased by 22 percent in the past year as viewers turn to the Internet for their thrills.
But not all of that mouse-clicking turns a profit. In a new report on AdultVest, the first hedge fund for financing X-rated outcasts, the Atlantic Monthly estimated the U.S. porn industry generated roughly $12 billion in 2007 (about the same overall sales figures as the video-game industry in 2006). But online content doesn’t deliver the financial returns it used to, now that popular smut sites such as RedTube and PornHub give it away….”