Media Industry
Industry: Email Alert RSS FeedPorn sites making hay.
Broadcasting & Cable, October, 1998 by Tedesco, Richard
Online adult business is generating $200 million-plus in revenue a year While federal legislators seek to curb access to Internet pornography by children, the mostly adult population pumping money into sex sites figures to keep it a burgeoning business for the foreseeable future. It's on the verge of becoming a billion-dollar industry in 1998, according to Mark Hardie, senior analyst with Forrester Research, who estimates that the online adult business is close to peaking after generating 40% annual growth over the past few years.
"The astronomical growth is set to top out," Hardie says. But, he adds, "there is commerce opportunity at all ends of the adult spectrum." Considering that Forrester estimated overall Web commerce at $4.8 billion in...
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