"Watching the World" in the Dec.8,01' Awake carries
a scare story about pornography. It refers to the
porn business being 10-14 billion dollars a year.
For a more truthful assessment, try consulting Forbes.
com in the article "How Big is Porn?" dated 5/25/01
1:45pm ET by Dan Ackman. The article attacks so-called
"studies" of porn revenues and notes that the industry
is, in fact far smaller than cable, newspapers, or
broadcast television. This Awake article caught my attention
because I analyse stocks - and I know how poorly porn
stocks perform. Playboy's finances are a joke - they
keep losing money year after year. Smaller stocks like
New Frontier Media also lose money or have a hard time
making any profit at all.
The Forbes article begins with the thought that in the
pornography industry "size is often exaggerated". How true!
metatron