Porn’s Economic Impact Scrutinized

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The San Fernando Valley’s adult-entertainment industry – long considered the epicenter of the business – rakes in about $1 billion annually, with more than 200 local companies jump-starting a national market worth about $12 billion a year, the Los Angeles Daily News reports.


In the past 15 years, the industry’s local growth has nearly quadrupled, with annual revenues now equal to the Valley’s restaurant, fast-food and bar businesses combined.


But while local pornography firms employ about 6,000 people, only a fraction of the industry’s massive profits actually trickle back to the Valley. And loopholes in city business taxes minimize the amount firms have to pay into Los Angeles’ coffers, raising questions about the industry’s contributions – economic and otherwise – to the region.


Read the full Daily News story

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