Online porn a $20 Billion business?

[Lensman]

That's what this article says.

OK, try this link instead:
http://www.cw360.com/article&rd=&i=&ard=104432&fv=1

[This message has been edited by Lensman (edited 07-26-2001).]

[enoj]

Too bad you need a pass to see it

[mischief]

just use your gfy password.

[Exxxotica]

"Drop dialling has been popular within the porn industry for a
long time as an alternative for porn site users who are unwilling
to go to all the trouble of inputting credit card details in return for
downloading a five minute film clip. Instead, the user merely
clicks on a drop-dialler button which automatically disconnects
their Internet connection and dials up via a new premium-rate
line. "


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New premium rate line! I like that...Lines to Vanatu are Premium Rate!!!
------------------------------

As well as saving the customer time, it negates the need to
transfer financial details over the phone or Internet, thus cutting
out the opportunity for fraud. It also results in no record of a
purchase being made on credit card statements. This
technology could revolutionise the earning potential of content
sites - allowing them to charge per view for graphic files, video
clips or information. More importantly, they would not have to rely
on the income from plummeting Internet advertising rates.

The downside? Sites could start obscuring the cost of
drop-dialling transactions so that users were unaware of the
charges they were paying. Telephone service regulator ICSTIS
has stepped in and introduced a code of practice which states
that premium rate websites can only charge a maximum of £20
for an online service and must display a clock showing the cost
of the call.

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I prefer to surprise the surfer with a an $8.99 a minute charge to their phone bill. Surfers like and respect that sort of thing.
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[boneprone]

YES!

[Chris R]

I have never heard of that agency. I assume they are most likely a british agency due to the pound reference.

20 Billion? I'd be happy with a couple hundred million - I am not greedy...

[enoj]

Hm.. sounds cool!

[george]

Lens - Yes I believe that's true and I would like to work with you to get a larger part of it.

Have you gotten any of my e-mails ???

------------
http://asianamazons.com




[This message has been edited by george (edited 07-26-2001).]

[Kimmykim]

Um, yeah, and where are these fantastical successes called Cohen and Warshavsky now?

Porn is alot of money, no doubt but 20 billion it's not.

[ezekiel]

This was my processing stats for 2000 before taxes and other expenses... I put in some work but not nearly as much as 1000's of others, so I can believe Billions is a good estimate
Wish I was up in the millions Maybe next year!

[Lensman]

OK< it fixed the link

[Chris R]

"As an online sector it was already worth $1bn a year back in 1998, which has risen to an estimated $20bn today."

If this is anywhere near true, it seems in direct contridiction to what people are saying on the boards (it ain't like it used to be).

What does "worth" mean? When they throw out words like that - it does not necessarily mean sales or profit. Companies like eToys were "worth" billions. The name AOL is in and of itself considered to be "worth" $60 Billion (I believe that is what I read - I am too lazy to double check). That is stupid. $10 for everyman woman and child on earth.

$20bn in SALES (not even profit) would mean every man in the US spent ~$160.00 a year on online porn. I don't think this is the case. Granted, there are other countries out there, but even if the us was only 25% this would mean ~$40.00 a year from 500,000,000 men. Again, if this is the case - I really need to work on my signups.

[sasush]

hey ezekiel how did you earn so many money i dont understand.