Why Porn and Journalism Have the Same Big Problem
Posted in: Internet Use/New Technologies at 27/06/2012 14:40
The smut business just isn't what it used to be.
The early days of the Internet were a bonanza for major pornography studios, as the web transformed adult entertainment into an instant, unlimited, and completely private experience -- always just a credit card charge and a cable modem away. But what the Internet giveth, the internet taketh away. As the most recent Bloomberg Businssweek recounts in its feature on the rise of the new and controversial .XXX domain, the big production companies have seen their profits shrink by as much as half since 2007, as audiences have fled to aggregators such as XTube and YouPorn that offer up a never-ending stream of free naked bodies.