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SAN FRANCISCO — The adult-entertainment industry is in a tailspin, shattering the notion that it is one of the few recession-proof industries.
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.
via Free porn on ‘tube sites’ puts a big dent in industry – USATODAY.com.
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