“IT'S CALLED GOSSIP AND OF COURSE IT'S AN OBSESSION OF MINE”

AVN Media Network, the most prominent overseer of the business, publishes trade publications for the adult entertainment industry and puts on trade shows. Paul Fishbein, chairman of AVN, is entering his 27th year in the business, “and this is the first time I can honestly say the adult business is not recession-proof.”“Everybody I’m talking to says the business is down anywhere from 20 to 30 percent,” he explained. “That’s in line with the rest of the economy. People in the retail sector are down anywhere from 10 to 40 percent.”

-MSNBC
Jan 25 2009