The LA Times reports that established porn companies are suing the porn versions of YouTube because they are seriously infringing on their business.
…in the last year or so, the rapid increase in consumption of all manner of videos on the Web has in some ways hurt the porn producers… because consumers of adult fare often get what they are looking for in clips of five minutes or less. Free short clips are easy to find on the Web, undercutting the established porn producers, which earn most of their money from long-form videos.
The impact is real – up to a 35% reduction in profits.
Wouldn’t it be deliciously ironic if technology that allows people to share videos ended up killing the big porn producers… or at least completely rejiggering the business?