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Pornhub Owner MindGeek Sold to Canada's Ethical Capital
- oipoloi 4y agoI hope the journalist who named the article gets a raise
- throw03172019 4y agoInstead of “you’ll never guess who now owns Pornhub”
- Am4TIfIsER0ppos 4y agoHas it changed? It is currently "Pornhub owner MindGeek sold to Canada's Ethical Capital" both here on HN and on Reuters.
- throw03172019 4y agoI think the OP was saying the author of the article should get a raise for NOT putting a click bait title. It’s just a boring truthful title, which is great!
- fknorangesite 4y agoWhy?
- deleted 4y ago[deleted]
- starkparker 4y agoThe Verge's article has much more context on Ethical Capital Partners: https://www.theverge.com/2023/3/16/23643975/mindgeek-pornhub-sale-ethical-capital-partners https://www.theverge.com/2023/3/16/23643975/mindgeek-pornhub... tl:dr: SPAC likely > If these are the same people, two years apart, what plan might they have for MindGeek? The previous plan was simple: restructure, “rehabilitate its reputation,” and flip it or merge it with a SPAC, according to a slide deck obtained as part of a late 2021 investigation by The Logic. The idea was called Project Narsil, a reference to the broken sword in The Lord of the Rings, and suggested that “the acquisition target is one of the most recognized and undervalued brands in the adult entertainment and technology sector.”
- deleted 4y ago[deleted]
- qikInNdOutReply 4y agoThus we get to see a new form of company structure. The shell company as ablative material. You recreate new companies, which then "buy" the shunned buisness, while the old company is dissolved the new "hull" takes the fire and is then sold on to the next, new hull. Rinse and repeat till heat death or protestant ethics accepting sex-work as a normal part of human behaviour.
- faeriechangling 4y agoWell Pornhub's brand became radioactive less for promoting sex work, more for being non-responsive when people requested to remove child rape videos of themselves from the platform. They reacted to a scandal breaking out over this by removing everything from their platform which wasn't professional paid sex work which is nominally better vetted than amateur content.
- stefantalpalaru 4y ago[dead]
- frankzander 4y ago"ethical capital" is buying a porn hoster ... facepalm
- jacooper 4y agoEthical indeed.
- solarkraft 4y agoSo?
- corbulo 4y agoIf they didn't...somebody else would, don't you understand??
- barelysapient 4y agoPresumably their definition of ethical is different than yours.
- DeathArrow 4y agohttps://www.youtube.com/watch?v=YRgNOyCnbqg https://www.youtube.com/watch?v=YRgNOyCnbqg