Excerpt from the article “Top 5 Reasons Porn-for-Profit Is Dying” by Richard Abowitz at The Daily Beast:

“…Every January, the Adult Entertainment Expo in Las Vegas is the biggest annual gathering of the adult film industry. But the biggest is suddenly a lot smaller. The 2010 AEE convention, which ran Thursday through Sunday, had shrunk from packing two floors of the Venetian’s Sands Expo Center last year down to one floor (and that one with lots of empty space).

“The AEE show is an example of what the business faces. There are fewer fans, less foot traffic, and less companies exhibiting,” said Steve Javors, editor in chief of industry trade publication XBIZ. “During the 2000s, porn kept expanding outward. We thought there was an insatiable appetite for porn, and there would keep being more companies and more porn stars. Now, we are finding out that is not true.”

As for the concurrent, AVN Awards—AVN being another adult industry trade publication—which the porn world bills as their Oscars, it moved from the arena-size Mandalay Bay Events Center to the few-thousand-seats theater at The Palms. AVN head Paul Fishbein sounded like he was echoing the words of Spinal Tap’s manager when he described the venue switch as not so much to a smaller space, but one more “selective and intimate…”

Click here to read the full article.