Digiteena's picture

BabeNet Sues AVN Over Breach Of Contract And Fraud


Rhett Pardon writes in his article that the cracks in AVN are showing and without too many words, we all have seen it coming. What's more, the situation will worsen as months pass by. If you may ask why we need to give a fuck about them? Well for starters, AVN gives out one of the biggest and more relevant trade shows in the industry. They have done so for many years. Their Internext has been and still is an institution in the industry. And yet ironically, AVN continues to lose money over it. As money flow problems continue to plague them, so do their relationships with other companies who have been waiting for some longtime R.O.I.

Babenet is probably one of the oldest organizations that have allied themselves with AVN since 1999. With the recession exacerbating the problem, everyone isn't surprised that something like this is happening.

I hope AVN can still manage to save the sinking ship before it's too late. It would be a pity if we no longer have an Internext to look forward to.


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Jennie's picture
OC Cash

Maybe it's time they selling off their assets...

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