ErosBlog

The Sex Blog Of Record
 
 

Doing Business In The Shadow Of The Pornocalypse

Saturday, January 3rd, 2015 -- by Bacchus

In her lengthy intro to a pair of business articles written by sex workers, Violet Blue writes about some of the business challenges she faces as an independent businesswoman in the business of writing about sex. I can’t speak to the challenges specifically faced by women, but there remain many resonances in this that are bitterly familiar to me, a man in the business of writing and blogging about sex and porn:

I’ll just put it this way: If it wasn’t for sex censorship by so many major companies, financial institutions, tools and platforms, I’d *only* have to face the typical set of challenges all women face who run their own business. The limitations of censorship, plus the danger of doing business with companies who routinely deal unfairly (and occasionally behave harmfully) to independent businesses/businesspeople (whose business might be sex-related), has absolutely hurt me as a businessperson.

That’s everything from having my name blacklisted in search engine autocompletes, to getting accounts revoked without actually breaking any rules, being disallowed to advertise (or take advertising) through everyday channels like AdSense, worrying payment processors and social media sites (and more) will delete my account, unable to plan around Amazon and Google who may de-list (or deep-six) sexuality searches without notice, being unable to do a Kickstarter or put an app about human sexuality in Apple or Google’s marketplaces, constantly being reported on sites I have accounts on simply because some people think what I do is wrong, not being able to use any of the decent mailing list companies to have a newsletter… I could go on.

I just write about sex. That’s it.

I’m not even a sex worker, a porn maker, nor have I ever been a porn performer – what they (mostly female entrepreneurs, natch) go through trying to run their businesses is so beyond unfair, it paralyzes me with anger sometimes to think about it.

So I have to approach business differently; none of the formulas – or even tools and services – available to everyday, independent women in business are actually available to me. I imagine that if the playing field were even, I might be as financially stable (or even thriving) as many of my friends are.

She’s not wrong. At least once a week I have some business notion in the adult space, and 99% of the time that notion doesn’t survive five minutes of serious thought. “That would be great, but there’s no reliable way to get paid without PayPal or credit cards.” “Awesome, but I can’t finance the start-up costs, not even with crowd-funding.” “How on earth could we market such a thing without access to social media?” “No way would that app ever get into the app stores.” Yes, there are workarounds and expensive middlemen (they do always seem to be men) and kludges and sneaky back doors and potential ways to bootstrap. Nothing is impossible, but in time it begins to feel like running a marathon in a fat-suit.

Similar Sex Blogging:

 

Dating/Penthouse Bankruptcy

Wednesday, September 18th, 2013 -- by Bacchus

There are few public companies in the adult industry, which means we don’t get a whole lot of reliable business numbers. But everybody broadly agrees the whole industry was in decline (due a variety of business challenges broadly related to the increasing availability of “free” content) prior to 2008, when the recession hit everybody hard. There was at that time a wave of consolidation and buyouts, as the stronger companies bought up some of the weaker ones.

Now we learn that FriendFinder Networks (the unholy lovechild dating from 2007 of Penthouse Media Group and Various, Inc.), publisher of Penthouse Magazine and owner of a great many huge internet dating sites like Adult Friend Finder and Alt.com, has just filed for a Chapter 11 bankruptcy and reorganization of its debt. This is interesting because it tells us just how terrible the business has gotten:

Penthouse Magazine and AdultFriendFinder.com owner FriendFinder Networks Inc. (FFN) has filed for Chapter 11 bankruptcy protection in Wilmington, Del., after reporting losses in seven consecutive years to 2012.

The company listed assets of less than $10 million and liabilities of as much as $500 million to $1 billion, according to court papers.

FFN CEO Anthony Previte, who took over the top post in July of 2012 after Marc Bell stepped down from his position, told XBIZ that the central reason for the company’s restructure was due to mounting compounded debt over time that had banks, credit card processors and creditors perceiving the company as a bad risk despite it having paid back nearly $150 million.

“It was tough to keep up with the accretion of debt. We hit a tough spot in September of 2012 because of it,” Previte said.

The company’s filing read, “Despite continuing member interest and high volume traffic, the debtors did not make certain payments to the holders of existing first lien notes and cash pay second lien notes which constituted a default under their respective indentures.”

FFN has reportedly not made a profit since at least 2006 and reported a second-quarter net loss of $10.3 million, or 32 cents a share, on Aug. 15. It had cash or equivalents of $38.6 million on Mar. 31 compared with outstanding principal debt of $544 million, according to the financial statement.

Although the company’s live cam and dating businesses are doing well, according to Previte, Penthouse magazine has been the company’s biggest drain. He said shrinking retail outlets and scarcity of printers has hurt the publication. And although there are no immediate plans to kill the magazine, its long-term fate is questionable because of these external factors.

Wow. That’s bad. “Continuing member interest and high volume traffic” but no profits. That’s the adult web in a nut shell, right there.

Similar Sex Blogging:

 
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
 
cupid