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. (more...)
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