The "Biggest" Porn Companies
From Our Recently-Returned Porn Reporter:
Here are some numbers in millions of dollars of sales for 2004 from Hoovers:
Vivid: 100
Private: 32
LFP: 150
Playboy: 338.2
Never mind that Hoover's is about the worst company around for finding information on privately-held businesses, heck I can order a D&B report once a year. I'd trust Henry Blodgett more than these guys. Never mind that even AVN, which supposedly tracks sales data for porn, admit's it doesn't know how much porn as a collective business venture puts out (financially), much less the results of individual producers. Who in the hell bought stock in PEI, and what tree were they smoking when they did it? Did it used to come with a free grope of Stacy Sanches?
If I were Steve Hirsch or Larry Flynt, I'd be happy to be a private company, because bigger doesn't seem to be better Way to go PEI, in an era when porn viewing and such stuff is exploding, to have a 4% growth rate over the last 3 fiscal years. Thanks for aassing a $333M market cap with which to buy Viagra for Hugh and support seven of the dumbest women I ever had to listen to. Thanks for socking away $62M in capital in 2004 without paying a nickel of it back to your shareholders. And thanks for having a 5-years price deterioration of almost 30%, while maintaining a EPS smaller than Hung Lo.
Worse than that criminal Jeffrey Bezos.
