Nobody Wants To Pay For Porn Anymore

porn

Remember the good old days when people paid for their porn instead of watching amateur videos for free on the Internet?

Cable companies do, and they’d like to return to those golden days of yore.  Pronto.

From today’s Wall St. Journal.

Companies’ revenue from highly profitable adult video-on-demand and pay-per-view services has been slipping, as the genre’s consumers spend more time browsing porn on the Web.

The trend is prompting TV executives to pull back the curtain on how porn contributes to their businesses, a topic they have been loath to discuss publicly.

On Thursday, satellite provider DirecTV cited “lower adult buys” as a cause for weaker pay-per-view revenue in its second quarter earnings. That followed Time Warner Cable Inc.’s admission last week that shrinkage in the adult category was responsible for more than a third of a $14 million drop in video-on-demand revenue. While only a sliver of the cable company’s $4.9 billion in revenue for the quarter, porn is one of TV providers’ most profitable segments.

Read the rest here >>>

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