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Larry Flynt did not make his money on the Internet.
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Now THERE is a very good point Spike makes!
Each of those companies have been around 20 years or more. Have large off-Net products (and again, those for decades). Their brands were made off-web. The Net is only their latest venue.
Therefore, they all have a very different perspective from the bulk of folks in the online adult industry for whom this is the only or the primary focus of their businesses.