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The Porn Ring Around Corporate White Collars: Getting Filthy Rich 12/12/2002 By Jan LaRue, Chief Counsel The dirty old men are in the board rooms of America ... PORNOGRAPHY, PROFITS AND PROSECUTION:
Pornography earnings are estimated at $10 billion to $14 billion a year in the United States (the lower figure is according to Fortune magazine) and $56 billion worldwide. Forbes magazine breaks down the global profits this way: adult videos, $20 billion; sex clubs, $5 billion; magazines, $7.5 billion; phone sex, $4.5 billion; escort services, $11 billion; cable, satellite and pay-per-view TV, $2.5 billion; CD-ROMs and DVD ROMs, $1.5 billion; Internet (sales and memberships), $1.5 billion; novelties, $1 billion; and others, $1.5 billion.
Some mainstream corporate giants, allured by immense profits, have reached a new low trying to reach a new high on Wall Street. Profiting from porn-peddling is a dirty ring around the white collars at AT&T, MCI, Time-Warner, Comcast, Echo Star Communications, GM's DirecTV, Hilton, Marriott, Sheraton, Radisson, VISA, MasterCard and American Express. The corporate prospectus and reports to shareholders of these "Porn-Wallers" will never mention that videos such as "Throbbing Threesome," "AC/DC Sex-Alternative," or "Spring Break Pantyhoes," are revenue producers. It is no surprise that most corporate leaders are unwilling "to speak publicly about the sex side of their businesses." [more ...]
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