As the 2009 AVN Adult Expo opens in Las Vegas this week, Girls Gone Wild CEO Joe Francis and HUSTLER magazine publisher Larry Flynt are petitioning the newly convened 111th Congress to provide a financial bailout for the adult entertainment industry along the lines of what is being sought by the Big Three automakers, a spokesperson for Francis announced today.
Adult industry leaders Flynt and Francis sent a joint request to Congress asking for $5 billion in federal assistance, “Just to see us through hard times,” Francis said. “Congress seems willing to help shore up our nation’s most important businesses, we feel we deserve the same consideration. In difficult economic times, Americans turn to entertainment for relief. More and more, the kind of entertainment they turn to is adult entertainment.”
I don’t even know where to begin.
Hustler’s Larry Flynt and Girls Gone Wild CEO Joe Francis Ask for Government Bailout of the Adult Entertainment Industry [PR Newswire]
Too schlong ; didn’t read
To hard didn’t read
To “hard” didn’t read
They’ve got balls, I’ll give them that.
Should have asked for $10B. Pussies.
First, they need to become a bank, but with special rules on deposits and withdrawals
5 – Its called foreplay… They’ll ask for more. “It would be sooo hot if the two of you kissed just a little bit.” is easier to start with than…
It would be damn near impossible to make a living daytrading if plenty of on-line free porn wasn’t available.
money shot
I work in porn. Stayed busy by going long this year. Short is for bankers.
This has the potential to be the greatest comment thread ever.
Anybody know first year fluffer #’s?
Hustler Bank of Americawide Lynch?
In all seriousness, you think New York is hurtin’, you can’t even IMAGINE what would happen to the San Fernando Valley if we lost the porn industry. And the ripple effects would be huge.
That’ll be some interesting collateral they post…everyone gets to cum at the Discount Window.
@14 no chance anything happens to San Fernando….
If ever there was a recession proof industry its porn.
“Just to see us through hard times,” Francis said.
Too easy.
16 – Portfolio.com had an interesting article about the porn industry. Basically, they are having a hard time because of technology, youporn.com. I think the link to the article was on the front page.
@18 yeah after posting I started thinking about it and really no reason a big centralized studio system needs to exist. I guess I can see everything taking two steps in the amateur direction. Why pay premium for hotties in LA when you can pay bottom dollar for skanks in Buffalo..
16: Recession-resistant, sure, but keep in mind that when times are hard a lot more people are willing to have sex on camera for a lot less money. Look at the CraigsList for any city and you’ll see a zillion ads offering webcam gigs for relative peanuts compared to what even a no-name porn actress gets in CA.
The mainstream porn industry’s problem isn’t lack of demand, it’s cascading supply. I mean, it builds up, and builds up, and then fwoosh, it’s all over everything.
Once all the women whose lives so far have been about looking good to get rich men realize that the supply of rich men is decreasing rapidly, they’re gonna have to do something to eat. I for one look forward to a Playboy feature on “Wives of Wall Street.” Or just having some former IB’s mistress sweeping my floors and cleaning my drains. Heh heh. Did you see what I did there?
anyone know 1st yr fluffer #’s for stubs
@20 = “…it builds up, and builds up, and then fwoosh, it’s all over everything.”
What are you taking about again?
@14 The SFV porn industry is positioned well for the downturn.(i) more than half of wall street is at home surfing porn (ii) new fresh off the bus talent arriving daily from NYC (iii) myspace and facebook has created a new generation of sex addicts.
Hustler Stearns
you heard it here first, dealbreaker!
-mrp
@23 I weep for the future
I hope no one here takes this seriously. That larry flynt guy is a real joker who likes to poke people in the eye.
Hard Up Men are good to find!
Jezebelle
“In difficult economic times, Americans turn to entertainment for relief. More and more, the kind of entertainment they turn to is adult entertainment.”
Wait…so they are bringing in more revenues…
@21 – what you’ve got to take into account with Fluffers is the holdback. It can change everything.
Can’t wait before they testify in front of Congress and call up their “expert” witnesses.
I vote YES!!! So long as with this tranche of TARP money we visually see were the tax dollars are going to errr cumming on.
Ah, now I remember what the T&A in TARP stands for.
with barney frank as chairman of the house financial services commitee how do they get turned down?
Getting sponsorship on the hill is a synch
I asked a masochist banker about this matter and he said, “Beats me.”
@23 – I dunno. For some reason I see your average Wall Streeter being more into amateur gonzo facial-choke porn (you know, Girls Gone Wild only with bodily fluids.) If you think about it, their jobs are not unlike those of the guys who run the BangBus, only they wear nicer clothes. So there’s a lot of identification going on there.
And that kind of thing is studio porn’s biggest competitor.
Too Aroused To Fail
omg… I almost forgot about the Bang Bus! fun times…. LOL
-mrp
heard GS is lead underwriter of youporn.com’s IPO…can anyone confirm?
@29, even for the sprint points? that’s hardcore dude
@35
Prolly true, not alota guys I know are into the MSM-type studio produced pron.
Max Hardcore for Pron Czar!
My faith in the funniness of Dealbreaker is at least temporarily restored. Thank you everyone. I needed this.
@38- What kind of revenue is a site like that pulling in? I know it’s one of the most popular ones out there. $1MM/ year? That’s gotta be the best business model ever with almost no overhead.
Clearly they need A. Dupre and E. Spitzer on the oversight board…
@42 I don’t really see the business model.
Little overhead is nice but there are also almost no barriers to entry…also how do you monetize other than ads? Hence there are like 6-7 of these sites now whereas redtube was the only one just 2 years ago.
@44- You’re correct about the absence of a barrier of entry. Actually, there are like 40 of these sites. I would name them all, but that’d be tacky and just showing off.
Well, if p0rn is free, then there is no industry.
They just need to keep profits up and not go limp. Although if they have profits lasting for more then 4 quarters they should consult a doctor.
@46 – Broadcast TV is free and it has been a pretty big industry for quite some time. Admittedly, its glory days have passed, but it’s not quite at the buggy-whip factory stage yet.
They just need to keep profits up and not go limp. Although if they have profits lasting for more then 4 quarters they should consult a doctor.
@ 19 — and, to top it off, it appears that the gritty “skank-next-door” pr0n is actually MORE appealing, too. The industry is clearly in liquidation mode.
@ 19 — and, to top it off, it appears that the gritty “skank-next-door” pr0n is actually MORE appealing, too. The industry is clearly in liquidation mode.
The various free porn upload sites kill premium content. I’m sure some of the advertising makes money because this is the ultimate impulse moron business other than gambling, but overall the free content is brutal for the industry. Even pay sites get heavily canibalized by the free sites because porn mongers download most of the content of a site and then upload it to the free ones.
As far as Joe Francis, doesn’t he have an enormous IRS debt?
This is a very novel approach to the stimulus package.All adults over 16 get a new Unearned Pussy Tax Credit to be used like a charge card for use in strip clubs, video rental stores,whorehouses,sex toy stores,etc.Uncle Sam wants YOU to get laid.Any who wish can gift their credit and receive a full deduction on 2009 income.
@10 – long the Dong
If i was in the pron industry I would invest in rapidshare and other file sharing sites.
Porn is becoming a commodity. It used to be somewhat taboo and exotic. Now its ubiquitous. This upcoming generation of teenagers is going to masturbate itself into desensitization.
Fetishes will get bigger. Look at amateur videos – they’re practically a rite of passage for these hollywood debutantes.
But sooner or later a substantial market will evolve for other “products”. It’s happened in Europe. Just keep your eyes on Las Vegas over the next 20 years.
Nobody can save this industry. Not even the consultants at McKinsey.
@58 – c’mon, it’s the mckinsey consultants that are keeping it afloat. what else are they going to do when they’re in the middle of nowhere for 4 days a week with nothing to do…work?
as portfolio noted, the number of free sites is overwhelming – I’m sure some analyst has a list…
I wonder if the feds had it right when they tried to put reign in extreme stuff back a few years ago. As has been said by others already, the pervasiveness has lead to the creation of a consumer base ready for more extreme material. Had the Feds been more successful and pervasive with their clampdown then perhaps general tastes would still be where they were 10 or 15 years ago.
Will this be a part of a newly created Treasury MILF facility?
@60
please…all this stuff is cyclical…
the more you try to reign it in the more it slips through your fingers…so yeah the next couple of generations are gonna be a bunch of degenerate preverts but as always happens there will be a generation of tightwad prudes right behind them.
@58
The government can keep this industry afloat!
@61 – Vivid is the new Goldman as far as winning the associated government contract goodies?
Wow, only 7 days into 2009 and the headline/news story of the year is upon us. I am giddy.
Future titles:
1) Drowning in Liquidity
2) Drowning in Liquidity II: The Bailout
3) Drowning in Liquidity III: Injection
….
Why the fuck not? We got fucked over with the Wall St disaster, the Big 3 gave it to us in the ass, commercial real estate ass clowns have their hand out now. As least with porn you get entertained. Pretty soon all the fuck heads will be asking, “where did all the TARP money go”. Can you say sham wow! Barney Frank & the MILF’s – what a show!
@55 I met the hunter once down on Ft. Lauderdale beach. He offered my friend grand to do a film with him. She said no and then slept with some guy in the back of his car.
@61….The new facility is aptly named TWAT.
@69-I assume the darling of Porn Valley, Sasha Grey, will be the designated Press Secretary of said TWAT facility. Protocol will call for any questions to be answered with some vigorous deepthroat and A2M. OSHA and sanitary work conditions be damned.
request to Congress asking for $5 billion in federal assistance, “Just to see us through hard times.
that seems like an awful big production budget for a porn remake of a James Coburn film, Maybe they mean the Dicken’s novel, that could be a classy period piece.
Larry Flynt wants to receive a money shot from the US Treasury Secretary’s stimulus package.
I guess it won’t be long before JPM, Citi, AmEx, and the rest all reorganize as Sperm Banks (bank holding companies are so 2008)!!
$5 billon?! Seriously…
pretty sure we’ll get porn around the world without Joe Francis..
hilarious article.
http://www.weeklyworldnews.com/politics/porn-bailout-solution/#more-4637
They did this on purpose. It was meant to make a political point.
I am a church-goer. Please discontinue this conversation!
The US adult entertainment industry is undergoing exactly the same dynamics as the auto industry (and backoffice and textile and electronics, etc.etc.) are going through. Offshore labor is displacing good old girl next door whores. A massive facial on a Eastern European white girl look the same as on a valley girl, doesn’t it? And it gets produced at a fraction of the cost. Besides, they only need to know a few dirty words to say in English during a scene. The cost of humiliating a piece of ass has dramatically come down with the Berlin wall.
- Unemployed M&A guy who surfs porn between sending out resumes
The US adult entertainment industry is undergoing exactly the same dynamics as the auto industry (and backoffice and textile and electronics, etc.etc.) are going through. Offshore labor is displacing good old girl next door whores. A massive facial on a Eastern European white girl look the same as on a valley girl, doesn’t it? And it gets produced at a fraction of the cost. Besides, they only need to know a few dirty words to say in English during a scene. The cost of humiliating a piece of ass has dramatically come down with the Berlin wall.
- Unemployed M&A guy who surfs porn between sending out resumes
I can’t believe they held back for so long…
J