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$7 Billion Fund Established for Investing in Adult
Fri, 05/02/2008 - 12:13 — megaphantAdultVest, Inc., based out of Beverly Hills, has announced today that it has over $7 Billion earmarked for investments in the adult industry intended to bolster its position as a leading adult media firm. The news comes in tandem with an announcement that AdultVest has purchased the URL 'iPorn.com' for an undisclosed amount.
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Copyright 2008 Northstar Productions, LLC.
Copyright 2008 Northstar Productions, LLC.
For Adults Only. All models were 18 and over at the time of the creation of such depictions.
Comments
Having real investors in the game will quickly cause for a huge expansion in the industry as this money becomes available to private companies. Before expansion had to come from profits from existing cash cows; no longer is this the case.
Wow, I thought you could buy up the whole industry for less than that.
Damn, you could buy a lot of domain names for that much cash.
But then what would you do with them?