Why porn is finally going down the tube

Thanks to free sites, the porn industry is in rapid decline, reports Mark Hayes from LA

In 2012, the porn industry generated about $14bn in revenue, and $5bn of this came from internet porn. In fact, 12% of all websites today are pornographic, which is over 24m websites. Every second, $3,075.64 is spent on online porn and 25% of all search engine requests are pornography-related, that’s about 68 million a day.

And yet despite all this, the porn industry is in rapid decline. Global porn revenues have dropped 50% since 2007 due to the amount of free porn now available online. It’s estimated that 80-90% of users now only access free porn online. Like the music industry, porn is struggling to find ways to deal with privacy.