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While Im at it I may as well expand on it so the Manwin apologists have something to feel self righteous about.
If read correctly and combined with other stuff that has come out about Manwin/MindGeek the letter from the employees yesterday paints a pretty grim picture of MindGeek as a company. They had lots of layoffs (M100) back a couple months ago, more are coming, bonuses were withheld (except for course for management) Hours have been extended and of course we know more layoffs are coming. But it isn’t just Manwin Corporate, look at the porn properties they have purchased.
Playboy radio went from being a Sirius/XM Radio station to an internet radio station with a skeleton staff and no listeners.
Digital Playground once rivaled Vivid and Wicked for high end productions now they rival Brazzers at best. The company was gutted and high end features like “Pirates” and “Pirates 2″ are a thing of the past there. They continually shoot in L.A. County without condoms and are asking for trouble from that. most of the contract girls are gone and the ones that remain aren’t shooting to speak of. I’m told Jesse Jane hasnt shot since June or so. (that could be wrong but the point is she isnt shooting monthly like she was)
The quality (and the memberships) at Twistys has taken a dive and other Manwin Properties are just sitting around undeveloped.
The one area that still makes them money is Tubesites and they are now moving those to Hong Kong, at one time Hong Kong was a haven for pirate sites but that isn’t so much true anymore. The one thing Manwin does do is the old shell game, they are constantly moving companies around in and out of other countries presumably to avoid prosecution, but it’s just a matter of time until this catches up with them i expect.
The redtube merger provided some much needed cash, but what happens when they burn through that too?
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Mike South
It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.
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