Investing in the $12 Billion Adult Entertainment Industry
By Paul Sloan
An entrepreneur tries to make it easier for everyone to profit from one of the economy's dirty little secrets.
http://smallbusiness.aol.com/start/s...20184509990001
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Investing in the $12 Billion Adult Entertainment Industry
By Paul Sloan
An entrepreneur tries to make it easier for everyone to profit from one of the economy's dirty little secrets.
http://smallbusiness.aol.com/start/s...20184509990001
Neat. I like the idea of investing in the sex business...what are some sex-industry-related ticker symbols? I'm watching RICK, PLA, and now NOOF, PRVT and PTT. Others?
The adult industry is an innovative industry. I mean, VHS tapes got popular because of the adult industry.. then DVD (I bet they invented the "zoom" feature), pop up ads back in the day used to be mostly adult, websites in the early internet days used to be mostly sex, and so on. :D
Not to mention the manufacturing prowess of fuckmachines.com LOL!
ah yes, but the adult entertainment industry in essence shares the same 'problem' as the ethanol industry, the oil industry, the drug industry etc. in that they are dependent upon the 'good graces' of gov't to continue earning big profits. If I had to pick a sector within the sector, it would be the XXX cable operators rather than the live venues, as they at least have some 1st amendment protections going for them.
i agree with you 1000% ( MELONIE) ...in the pasted i have owned an adult website & now i own a small escorts serivce, and to be 100% honest with you, its hard as hell to turn a profit..the competion is crazy,, ( LE) & other goverment agencies breathing down your neck every dam day, watching you like a hawk to see if you screw up to shut you down imiddiately.. & when the economy isnt to well its even hared to make a buck....anything in the adult industry is a luxury not a neseccity, like rent-food-gas-car notes-martage etc....i perosnaly wouldnt invest right now in anything in the adult industry....the whole industry is going thur some strange & harsh times....