03-14-2014, 11:54 AM
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Confirmed User
Industry Role:
Join Date: Aug 2007
Posts: 6,697
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Quote:
Falling Porn Sales Hurting Cable, Satellite
Noting that pornographic movies represent "one of TV providers' most profitable segments," the Wall Street Journal today (Tuesday) attributed the downturn in video-on-demand and pay-per-view revenue by such providers as DirecTV and Time Warner Cable to a significant drop in the number of viewers watching pornography on their TV sets -- and a greater number watching it on the Internet. Time Warner Cable, it noted, attributed a drop of more than a third of its usual revenue for video-on-demand to "shrinkage in the adult category." The Journal noted that cable and satellite providers generally charge more for porn than they do for Hollywood blockbusters. Time Warner Cable in New York, for example, charges $9.98 to rent an adult movie, while other movies cost $4.49 to rent. "There is no question that free [adult] content is eating into cable companies revenue, Tom Hymes, senior editor at Adult Video News, told the newspaper, noting that there is a glut of pornographic content on the Web these days, much of it free.
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http://www.contactmusic.com/news/fal...ellite_1238837
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