gonzo
10-19-2006, 11:19 AM
Let's crunch some numbers and do some very basic math.
Google last week agreed to pay $1.65 Billion for YouTube (http://www.youtube.com/), an on-demand video file-sharing service.
How will they monetize it? No one is quite sure.
Meanwhile, here are a couple of interesting, though seemingly unrelated, business factoids from CNN's (weirdly similar to Anderson Cooper) Glenn Beck (http://www.cnn.com/CNN/Programs/beckseries/index.html), who is currently hosting a 589-part, four-year investigative reporting series called Porn: America's Addiction!:
- Pornography makes more money than professional football, baseball and basketball combined.
- Overall, the porn industry in the U.S. is a $12 billion dollar sport business.
- There are 4.2 million porn sites in the U.S. that have been visited by Beck (assuming CNN takes fact-checking seriously).
- Those porn sites generate $2.5 billion annually in revenue.
Now, how is this related to Google's purchase of YouTube? By simple math.
Minyanville has learned from CNN Special Porn Correspondent Glenn Beck that there is apparently a porn-themed web site called PornoTube that does the same thing YouTube does, except with porn.
Calm down and dismount from your high horse for a minute to just look at the numbers.
Online porn generated $2.5 billion in revenue last year.
YouTube generated approximatelty $50 million in revenue last year.
Therefore, by my calculations, if YouTube is worth $1.65 billion then PornoTube is worth approximately $8.73 to $11.46 trillion. http://www.minyanville.com/articles/index.php?a=11443
Google last week agreed to pay $1.65 Billion for YouTube (http://www.youtube.com/), an on-demand video file-sharing service.
How will they monetize it? No one is quite sure.
Meanwhile, here are a couple of interesting, though seemingly unrelated, business factoids from CNN's (weirdly similar to Anderson Cooper) Glenn Beck (http://www.cnn.com/CNN/Programs/beckseries/index.html), who is currently hosting a 589-part, four-year investigative reporting series called Porn: America's Addiction!:
- Pornography makes more money than professional football, baseball and basketball combined.
- Overall, the porn industry in the U.S. is a $12 billion dollar sport business.
- There are 4.2 million porn sites in the U.S. that have been visited by Beck (assuming CNN takes fact-checking seriously).
- Those porn sites generate $2.5 billion annually in revenue.
Now, how is this related to Google's purchase of YouTube? By simple math.
Minyanville has learned from CNN Special Porn Correspondent Glenn Beck that there is apparently a porn-themed web site called PornoTube that does the same thing YouTube does, except with porn.
Calm down and dismount from your high horse for a minute to just look at the numbers.
Online porn generated $2.5 billion in revenue last year.
YouTube generated approximatelty $50 million in revenue last year.
Therefore, by my calculations, if YouTube is worth $1.65 billion then PornoTube is worth approximately $8.73 to $11.46 trillion. http://www.minyanville.com/articles/index.php?a=11443