Ya Don’t Say: Recession Hits Porn Industry; Exxxotica NY Attendance Way Down
Posted on October 6th, 2009 in Uncategorized |
from www.shortnews.com - A sign that the multibillion-dollar adult entertainment industry is beginning to feel the pinch of the recession: attendance numbers were way down over last year at Edison, New Jersey’s Exxxotica Expo, “the largest adult consumer show in the country.”
“The adult entertainment industry is facing its first downturn ever in its history,” said Alec Helmy, president of XBIZ, an industry watchdog, citing free online content, piracy, and legal issues.
Dan Adams, editorial director at Magna Publishing, claimed that all print media is down, and that only the larger companies will survive. Even the more widely known publishers such as Penthouse are seeing numbers drop.