Hi, listeners, Lila Roptopoulos here, host of FT Weekend podcast. You usually see me in your feed on Saturdays, but I am here with some bonus content for you.

It's a new show about the shadowy world of the porn industry from the Financial Times and Pushkin.

So my colleagues, Patricia Nilsson and Alex Bark Barker have spent an entire year working on this show.

Patricia is a consumer industry reporter, and she started digging into the business behind the porn industry the way she would any other industry.

And as she reported it out, she realized that no one actually knew who controlled the biggest porn company in the world,

which is wild.

Imagine not knowing who controlled the biggest auto company in the world or the biggest pharmaceuticals company in the world.

So she kept digging and she found them.

And so Patricia and her editor Alex tell this story in an eight-part investigation.

It's excellent. I mean that wholeheartedly.

You learn the secret history of the adult business, the billionaires who shaped that industry,

the financial institutions who shaped that industry. And I am sharing the first episode with you

here. It's published weekly. The first two episodes just dropped. If you like this one and you want to listen to the second, just search Hot Money wherever you get your podcasts. Okay, here we go.

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.

...