Quote:
Originally Posted by Rochard
I think everyone failed to understand the position we were in. This wasn't a two or four year problem and there is no easy fix; The only thing that is going to fix this is time. This is a ten year problem. Businesses were closing up left and right and people were loosing their homes. Exactly ten out of twenty houses on my street were foreclosed on at the height of this.
At the same time, our industry was hit harder than most. We always thought that as entertainment and a "vice" we were safe from any recession. What we failed to notice was that our industry was built around credit cards, and that was one of the first things affected. Combine this with the fact that online porn is no longer a novelty and the staggering amount of free porn on tube sites, and well, we are screwed. The gold rush days are gone, and we've started to weed out the idiots.
It will get better. It's just gonna take more time. And it's not going to be easy money for us any more.
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The market shifted towards free porn to bring traffic in to sell other things during this same time so it's clouding things a bit. I think that even without the recession / credit crunch / etc we'd still be in a similar situation. New income streams were created, cat is out of the bag. Those that work within the new system will be fine, those that cry about it will leave. Many already have, so pissed that things changed that they threw everything away and gave up.
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