I doubt it:
I heard from people at the AVNs her site grossed $1MM/month. Being
very generous with a 10% net income margin after tax, that would be $100M/month = $1.2MM per year. She would then have to take that and pay real estate taxes, and make distributions to the various entites her and hubby have, and pay living expenses. I mean, what do you think she's paying Club Jenna Security with, fried chicken and collared greens?
When the mainstream talks about porn in financial terms, they are highly prone to hyperbole, to wit:
--Most people think the $57B revenue figure that has been trotted out in porn is overstated, but that doesn't stop HBO from quoting it constantly in that horrible
Pornucopia docuemntary, the same one where someone claimed that only 20% of the whores are faking it.
--In the back of the AEE guidebook, there was a press release/advertisement from a company called AdultVest, claiming to be run by a former investment banker (former investment banker = on the NASD barred from selling securities list ala Jack Grubman). This company claims it will raise $100 billion dollars of investment capital. Of course, only one porn producer has ever tried to raise investment capital publicly (JKP), and the results are pretty obvious. Smiling Arab did a comprehensive review of their financial indiscretions early 2005, search around for it. This AdultVest idea is silly--mainstream investors want to know what their money is doing, and there is a tremendous cost of capital that no one ever considers.
--Anti-porn crusaders in the 1980s fabricated statistics about child porn, claiming it was an organized conspiracy netting $26B a year in the U.S. alone. Turns out it was a fraction of that.
I don't deny that Jenna has made some bank letting her moral compass go astray, but this is the same woman who had to take on 3 business partners to pony up the cash to try and buy a defunct Scottsdale strip club. If I'm not mistaken, a compay recently paid $50MM to Muhammad Ali to manage the use of his name and persona, would they be willing to pay even a fraction for a porn whore? I love my porn whores and all, but c'mon.
Maybe because I work in finance, I love hearing about porn and money. Most of them do it mainly for the cashish, and when they piss it away like Cytherea, well it's just funny. Anyone remember the story about "Dr." Mitchell flashing a pictorial of herself to a bank teller as I.D. so she could cash a check? Tack on the Cherish Inbreds and XPT's newest banking expert, Riley Shy. All quite funny.
Previous Topic
Index
