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: E-Everything for Bankruptcy Lawyers...

Forget Sub-Prime: The Real Action in E-Bankruptcy may be the Struggling Adult Industry

By R. Lee Barrett

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A recent article in Conde' Nast Portfolio.com, written by Claire Hoffman details the financial struggles of the heavy-hitters in the adult industry, such as Vivid Entertainment, as a result of the growing phenomenon of free Internet pornography. According to the article, the adult industry, which hit its peak with the advent of the VCR and later the DVD, is now facing spiraling losses from sites such as YouPorn (the illicit cousin of YouTube), who are giving away what companies like Vivid are a read more

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Full post as published by E-Everything for Bankruptcy Lawyers... on November 20, 2007 (boomark / email).

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