Time Warner CEO: Web porn eating our profits


Cable companies have long since been adept at profiting from man’s weakness. They charge people for movies, knowing that so many families have little time to head out to movie theaters.

They would also charge heavily for porn movies, knowing that, late at night, some people struggle to get to sleep. I am sure, therefore, that you will shed a long, drippy tear for Time Warner. According to AllThingsD, the company is feeling the pain of making far less money out of all things kinky.

You might take some illicit pleasure from groaning words emerging out of the luscious lips of Time Warner CEO Glenn Britt. He told AllThingsD: “One of the things going on with VOD is that there’s been fairly steady trends over some time period now for adult to go down, largely because there’s that kind of material available on the Internet for free. And that’s pretty high margin. That’s been not just this quarter, but going on for some time period.”

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