The Economist on British sex biz
The Economist looks at the British adult entertainment industry's more respectable public image and newly formed trade association. "As the industry has been legalised, so it has grown up. These days bits of it look much like any other business. The trade association has hired a professional lobbyist, and hopes to commission academic research to back its push for consistent, evenhanded regulation and tougher enforcement. Its members accept there is plenty of room for more consolidation, efficiency and competition. Margins are huge, the market murky. The industry hopes its products, like contraceptives in the past century, will become cheap, reliable, and unremarkable."
