[gonzo]

“We don’t mind P2P, that’s absolutely okay,” he said.

The old affiliate-driven pay-site approach is a “stupid business model” according to Milton. And tube sites only get small ad dollars from porn-friendly companies like dating sites. Instead, Private is about to sign on with a major Italian ad agency in order to attract luxury products and brand advertising."

Private’s idea works like the Groupon voucher program whereby the Italian agency — that’s paid by luxury brands in product instead of cash — would act as the filter offering Private the products for a discount. Private would then advertise the high-end products without any direct connection to the manufacturers and make money only on sales.

“We will be extremely happy the more people are pirating our content and the more they look at it,” Milton said .

In the video Milton says that his company will focus more on selling the ‘private lifestyle’ which includes luxurious vacations with an adult theme, and toys and tools that may come in handy while reenacting pirated videos.

and the corker

With slow progress on human cloning and the 3D-printer, Milton’s bet on selling the sex ‘experience’ rather than videos seems to be a safe one for now.

I remember a fat bastard saying just this over 2 years on the BBC.