Dirty Economic Indicator of the Month
Of all the indicators I track, this is the one that I find most concerning amusing:
"Economists are citing some dire portents of a recession these days, but they've missed one indicator I find especially disturbing: The porn business has suddenly gone flaccid.
The drop in porn rentals and sales is worrisome on several fronts: Till now, porn has been a recession-proof business. Further, with the country already in a dispirited mood, the fact that porn has gone limp may indicate a true plunge in consumer confidence.
DVD porn is down between 10% and 30%, depending on which nook and cranny of the business you scrutinize. Joy King, executive vice president of Wicked Pictures, and a smart analyst of the business, says the smallest dropoff is in "couples-friendly porn" -- films that embrace something of a storyline. Women account for roughly half of this audience, making their purchases in lingerie boutiques and toy stores (no, not kiddie toys)."
I suspect that the various free porn sites (You Porn, Tiava, etc.) are competing with for pay triple X DVD entertainment sales.
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Thanks, Gene!
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Source:
Hard times ahead as porn goes soft?
Apatow, Segel look below the belt for laughs
Peter Bart
Variety, Fri., Apr. 18, 2008, 3:15pm PT
http://www.variety.com/VR1117984246.html
Wednesday, April 23, 2008 | 07:30 PM | Permalink
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And after all the DVD's I've been buying!
Favorite parody title (from year's ago, never watched it):
Saving Ryan's Privates
Posted by: wunsacon | Apr 23, 2008 7:37:36 PM
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