Hi there, it's Sebastian Payne here.

I want to tell you about a new investigative podcast from the Financial Times and Pushkin

Industries.

It's called Hot Money and set out to discover who rules the porn industry.

Over eight episodes, it tells the secret history of the adult business stretching it across

three decades with a cast of billionaires, tech pioneers and some of the biggest financial

companies in the world.

Coming up, you'll hear episode one, but most of the series is out now and you can binge

listen up to episode five, subscribe to Hot Money wherever you're listening to this

podcast.

Okay, we're going to start with a warning.

This series is full of adult themes and has some graphic sex talk.

Now you know, let's get into it.

How did it feel to you to be taken over by a company that no one knew anything about?

Well, the deeper I got into it, the more concerned I became about just the general level

of secrecy around the company.

The money has to move sometimes from a personal account, sometimes from a business account.

That sounded a bit sketchy to me.

If you play that fast and loose in that environment, I have to assume that you're playing that fast

and loose in every environment.

That environment she's talking about, it's pornography.

Kelly Holland would know she's been a fixture of the porn industry since the 90s.

...