1) I was somewhat surprised to hear Phil Harvey's POV of the state of the adult industry when he gave the keynote address at the FSC meeting at the Xbiz conference a couple weeks ago:
"As far as I can tell, over a period of some 35 years, we're recession-proof. There may be other reasons our businesses are facing difficulties, but the economy does not seem to be among them.... Last year and the first few weeks of this year, our sales, while they're not booming and they're not growing, don't appear to have been impacted by the downturn in the economy at all..."
Do you agree with Mr. Harvey? How has YOUR business been affected by the economy, consumer confidence, credit tightening, decline in disposable income. (Since most adult entertainment companies are privately held, it has historically been very difficult to get hard numbers to support a case either way. Obviously I would welcome such data...)
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