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Thread: Porn Industry Seeks Stimulus Bailout

  1. #1

    Default Porn Industry Seeks Stimulus Bailout

    Finally, an industry deserving, urge your congressman: Let get America f**king again! zg
    Porn industry seeks $5 billion federal bailout

    By KEVIN MODESTI
    LA DAILY NEWS

    Thursday, January 08, 2009


    LOS ANGELES — In an announcement that launched a thousand unprintable puns, adult-entertainment moguls Larry Flynt and Joe Francis said Wednesday that they are asking Washington for a $5 billion federal bailout, claiming that the porn business is suffering from the soft economy.

    Francis insisted in a phone interview that this is no joke or publicity stunt, though his tone suggested otherwise.


    Larry Flynt, Hustler magazine publisher, speaks during a news conference.
    Congress must "rejuvenate the sexual appetite of America," Flynt said.


    The request, Francis said, was being made in a letter to Rep. Barney Frank, D-Mass, and Treasury Secretary Henry Paulson. The $5 billion figure, he said, reflects the decline in U.S. adult-entertainment- industry revenue from $18 billion three years ago.


    Joe Francis with Paris Hilton

    If porn producers are feeling the effects of what one wire service called “the sagging economy,” the pain might be felt most acutely in the San Fernando Valley. In 2007, revenue from more than 200 Valley-based adult-content companies was estimated at $1 billion.

    One adult-film star from the Los Angeles area said she is feeling the pinch.

    The actress who performs as Jenna Presley said her Web site has seen a 20 percent decline in customers, about 1,000 of whom pay $19.99 a month to watch the 22-year-old perform online.

    Presley said the downturn has forced her to cut overhead.

    “I said, ‘I’ve got to stop paying guys and girls to perform with, and I’ve got to find (other Web site proprietors) to do a content exchange with,’ ” Presley said matter-of-factly.

    Instead of paying co-stars, she is posting their videos on her site and they’re posting her content on theirs.

    “I haven’t had any complaints,” Presley said.

    Other performers, Presley said, have faced pay cuts as video companies take the uncharacteristic step of tightening their belts.

    “I know companies are reducing their rates,” Presley said. “Instead of paying a girl $2,000 for a boy-girl (scene), now they’re trying to pay $1,200.”

    MORE- http://www.ajc.com/business/content/...n_bailout.html
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  2. #2

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    Flynt and Francis testified before Congress last week. zg
    Last edited by zengrifter; January 18th, 2009 at 02:58 PM.
    "The dogs bark but the caravan moves on."
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    The Zengrifter / James Grosjean Reputation Debate
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    Quote Originally Posted by zengrifter View Post
    Flynt and Francis testified before Congress last week. zg
    Too bad Jim Varney is no longer with us. He could play both Flynt and Francis in the latest Hollywood feature, Ernest Goes to Congress.
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
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    wasnt joe francis really recently incarcirated for tax evasion? Thats got to look really good as you go ask for financial help from congress after being charged with a federal crime

    ccl

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    Quote Originally Posted by ccl View Post
    wasnt joe francis really recently incarcirated for tax evasion? Thats got to look really good as you go ask for financial help from congress after being charged with a federal crime

    ccl
    I think he was arrested for filming under age girls, but I don't think it stuck. They had given false information about their ages.
    Aslan 11/1/90 - 6/15/10 Stormy 1/22/95 -8/23/10
    “There are not one hundred people in the United States who hate The Catholic Church,
    but there are millions who hate what they wrongly perceive the Catholic Church to be.”
    Bishop Fulton J. Sheen

    “It takes a very long time to become young.” Pablo Picasso

  6. #6

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    Quote Originally Posted by ccl View Post
    wasnt joe francis really recently incarcirated for tax evasion? Thats got to look really good as you go ask for financial help from congress after being charged with a federal crime?
    Yes, that and underage girls in his GGW videos. He just got out. zg
    "The dogs bark but the caravan moves on."
    .....................The Zengrifter Interview (PDF) |
    The Zengrifter / James Grosjean Reputation Debate
    -----------------------------------------
    “Truth, like gold, is obtained not by growth, but by washing away all that is not gold.” — Leo Tolstoy........
    "Is everything a conspiracy? No, just the important stuff." ZG

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