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| blackdragontea Senior Member  2322 Posts 2/05 |  Posted - Aug 29 2005 : 1:49AMFlipping through channels, I just saw the business news on the tube when this thought suddenly struck me: has there ever been a porn company that has "gone public," as in getting listed on a stock exchange and selling shares to investors? The most famous companies (American ones, at least), of course, are Playboy, Penthouse, and Hustler. I assume they are all privately held. But what about other companies? I've always heard that porn is a multi-billion dollar business just in the USA alone. Surely at least one of these companies can get listed? After all it's not like this is illegal or anything. And what entertainment the business news is going to become if this happens! Instead of telling us what new gadget this or that company is trying to introduce, now they will have to bring on "porn analysts" to tell us all about the new line of double anal video that is going to take the market by storm! [Link] |
Hardware  All-Star Member Your other left 14594 Posts 3/02 | Posted - Aug 29 2005 : 2:05AM [Link] |
| cv Member My reviews[/url] 594 Posts 7/03 | Posted - Aug 29 2005 : 2:17AM While Playboy removed this illustration from their stock certificate, they continue to be publicly traded. Private, as hardware mentioned, is still public. [Link] |
| jamesn Senior Member Cambridge, MA 750 Posts 1/04 | Posted - Aug 29 2005 : 3:57AM the problem with attracting investment from the only sources that matter is that for the most part, porn's run by people of questionable competence and professionalism, many of them criminals. metro's owner went to jail on a plea bargain right after he took it public, with the charges basically being "dude, you're in the mob". if you're bent on white-collar crime, porn's in the dark ages of sophistication and maintaining outward-respectability while doing it. between that and the absurdity of JKP's last year of available financials, american hardcore pornography is batting .000 with players thrown out stealing and continously-associating with organized-crime. not quite confidence-inspiring enough to sink a union pension fund in. mix in the fact that a staggering number of companies fail in under 5 years, some can't write checks that clear to performers, and the feds want them burned at the stake and it's not a stigma or moral-issue: boesky wouldn't touch it. [Link] |
| Lee O Forearm Trainer mmmmmmm........ after-birth 1193 Posts 8/03 | Posted - Aug 29 2005 : 4:12AM [Link] |
| blackdragontea Senior Member 2322 Posts 2/05 | Posted - Aug 29 2005 : 11:31PM But all this talk about porn being controlled by the mob -- is this really true? [Link] |
| Hardware All-Star Member Your other left 14594 Posts 3/02 | Posted - Aug 29 2005 : 11:46PM [Link] |
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