Hot Money: Who Rules Porn?

Hot Money: Agent of Chaos

Pushkin Industries & Financial Times

Technology, Health & Fitness, Sexuality, Business, Society & Culture

4.6 • 619 Ratings

🗓️ 25 May 2022

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

When Financial Times reporter Patricia Nilsson started digging into the porn industry, she made a shocking discovery: Nobody knew who controlled the biggest porn company in the world. Now, Nilsson and her editor, Alex Barker, have figured out who the guy was, and much more. Their reporting reveals a shadowy power structure that includes billionaires, tech geniuses and the most powerful finance companies in the world. Coming June 7th.

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Transcript

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0:00.0	This is an I-Heart podcast.
0:15.0	I'm Patricia Nelson.
0:18.0	And I'm Alex Barker.
0:19.0	We're journalists for the Financial Times.
0:22.3	We write about business.
0:24.1	But over the last year, we found an amazing financial story in an unexpected place, the porn industry.
0:31.5	No one really likes to talk about porn.
0:33.8	We're embarrassed to, even though most of us have watched it at some point.
0:42.3	And there's a contradiction at the heart of it.
0:44.3	Porn relies on performers to literally bear it all.
0:48.3	Yet, information about the people and businesses who run the industry is kept like a state secret.
0:54.9	I am so exposed.
0:56.9	And the people who really own these tube sites get to be reclusive and not publicly held to account.
1:06.0	Obviously, it's not fair that the person who get the least shame get the most money.
1:12.4	That is so unfair. I don't like it.
1:15.4	Who are these secret owners?
1:17.6	We wanted to follow the money and work out who really controls online porn.
1:23.1	It was who's got the largest penis here kind of thing.
1:27.5	And they hate each other.
1:29.1	So it was all about that.
1:31.3	People with nefarious backgrounds and companies that are hidden, who are not part of the industry,
1:37.5	come into the industry, make a lot of money in the industry.
	...

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