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CNBC Says "Mike South - South is the Nikki Finke of the porn industry. His blog, which is never short on opinion, is a must-read among industry insiders. His style is unique, but he is also a leading agent of change within the industry. There are few fence-sitters when it comes to opinions about South, but no one ignores him."

Recent Comments

  • Why Performers Can’t Choose Condoms (42)
    • SilasStingy: Ah, porn…where you’ll get punished for wanting to use condoms while James Deen continues to get work…
    • LurkingReader: @Jaybarry I think you are trying to conflate the liberties of personal freedoms with the burdens of commerce and missing a basic...
    • Ivy: Jay if your a director your part of the problem. The fact that you so vehemently argue about something really simple about condom choice....
    • BT: A union for porn talent that mimics SAG, the WGA or the musicians union could be a powerful thing. I think the most important thing they could...
    • BT: Jaybarry – It’s not a matter of cool or uncool. What you’re missing is the law and the stated legal position of the porn...
    • Jaybarry: You guys really thing it’s cool that a performer can decide if they want to use a condom right before the scene starts? This should...
  • Finally A Real Advocate for Performers, and They are Showing That they are Serious! (7)
    • LurkingReader: “A one-time warning will be sent to that agent, the next time the state agency license will be placed on a probation period,...
    • Ivy: well ok than. gmail looks unprofessional in porn. got it. (eye roll)
    • Toby: I’ve used nothing but domain based email addresses for the last 17 years. Any competent web host will provide secure email service, as...
    • mharris127: If the union doesn’t get greedy on its demands it has the potential to do a lot of good for performers and crew members. The...

Is The Department of Justice Behind The Chase Account Closures.

In researching these account closures it has become apparent that some Chase customers are unaffected and others have had their accounts closed for no apparent reason, despite Chase saying that all had Terms of Service Violations.

What has come up though is a memo from the Federal Deposit Insurance Corporation that lists Pornography (and many others) as a high risk business for defaults.  While the FDIC doesn’t require banks to close these accounts it is seen by some as a recommendation.

But the most interesting thing to come out of this is a Department of Justice initiative called Operation Choke Point.  Operation Choke point is directly targeting Payday lenders, Check Cashing Operations and Third Party Processors.

The adult industry on the internet is largely dependent on third party processors like CCBill, Paxum, Epoch and Zombaio to do billing for adult sites.  According to the Obama Administration and the Department of justice these ” third-party processors that route payments for merchants through banks are ignoring signs of fraud to rake in fees from transactions.

Chase account closures aside the industry should be keeping a very close eye on this as an attack on third party processors is at the very least an indirect attack on adult.