Business Standard

The Pornhub saga shows how market forces can lead to beneficial changes

By putting a financial squeeze on Pornhub after the NYT story, Mastercard and Visa prompted the adult entertainment giant to change its behaviour for the better

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Devangshu Datta New Delhi
The ongoing saga of Pornhub holds many lessons for online entrepreneurs. The latest developments indicate how a free media and market forces can, in conjunction, lead to beneficial changes. In the early 2000s, a gang of four young college-mates decided to monetise their shared interest in adult entertainment.

These four graduates of Concordia, Montreal, launched three audio-visual sites, Pornhub, Red Tube and YouPorn. They also incorporated multiple entities to create adult content. All these properties are owned by a privately-held company, MindGeek. MindGeek is incorporated in the Duchy of Luxembourg, which makes it a European Union entity. But the multi-national
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