Gavan Reilly

thinking out loud

Archive for the ‘pornography’ tag

The Balls-out Bailout

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After spending most of two days offline, there’s no welcome back to the internet like this kind of story.

It seems that in the midst of Dell pulling out of Limerick, and all the turmoil in the banking world and other bailouts, that no industry is safe – not even the most basic of all human pleasures, porn.

Larry Flynt, as in the Larry Flynt, the publisher of such illustrious, world-respected and esteemed publications as Hustler and Barely Legal, has announced that the seedy world of pornography is feeling the pinch of the financial times (not the Financial Times – one doubts much competition in that regard), and – on behalf of the entire porn industry – is seeking a $5bn bailout from the federal government in the United States. Though one might assume the calls are being made with tongue firmly planted in cheek, it seems that Flynt and Joe Francis, a producer who is co-signing letters to the relevant parties, genuinely mean it – the industry is seeing dramatic falls from peak value of $18bn worldwide a few years ago.

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Written by Gav

January 8th, 2009 at 7:32 pm

Posted in Finance

Tagged with , ,