Investor That Can See The Future

Chapter 300

Who has had the greatest influence on world porn history?

Hugh Hefner? Larry Plant?

America was a puritan country, so it was a stoic atmosphere in the beginning. However, the two fought against the government, leading to freedom of expression and the legalization of pornography.

Since then, the porn industry has grown at a tremendous rate in line with the booming period in the United States, and the two established their own kingdoms, the Playboys and Hustlers.

But in the 21st century, a porn empire bigger than the two combined has emerged. That’s Face It. And the largest shareholder of the company is OTK Company.

Playboys writer Neil Durden put it this way:

“If Jinhoo Kang hadn’t made the investment at the right time, Faceit would have remained just one of those porn sites. He changed the history of porn.”

* * *

Faceit has risen to the top of the porn industry in just a few years since its founding. The number of paid subscribers continued to increase, and revenues also increased significantly.

Faceit continued to reinvest its profits into new industries. VR porn, virtual sex, acquisition of Dancing Rabbit, production of own content, etc.

Content serviced through partnerships with other producers is served through several other platforms besides Faceit. However, content produced by Faceit is only served through Faceit.

Unlike movies and dramas, pornography requires only male and female actors and an indoor space. Because of this, many of the porn production companies were small-scale and focused only on shooting as many works as possible at a low cost.

However, Faceit, which achieved economies of scale, was different. They spent a lot of money on their production, and they made quality porn that they had never seen before.

As a result, Faceit swept the AVN Awards (a porn awards ceremony held in the United States, also known as the Oscars for pornography).

The number of paid FaceIt subscribers continued to increase as their own content became very popular, but now that they have become a market leader, the growth rate has started to slow down little by little.

That might be enough, but founders Toby Strong and Gerard Bacon didn’t think so.

“We need to show more people our pornography.”

“right. Thousands of people are looking forward to what porn we will release next.”

It is also strengthening collaboration with Dancing Rabbit, an adult product company that it acquired last year, and is also producing sex dolls with AI and voices of famous actresses, but it did not lead to immediate profits.

In order to continue increasing content investment, it was necessary to secure more paid subscribers.

At this time, the new person on the list was Korean-American Jane Jung. Originally working as an executive at Tweeter, she recently moved to Faceit.

There are two reasons why she moved from a global IT company to a porn company. She was intrigued by Toby and Gerard’s vision, and the porn industry had grown tremendously.

As Faceit’s chief content officer, she told the two of them.

“Isn’t there a very simple way to increase subscribers? Faceit has succeeded in reaching half of the American population, why not the other half?”

Here, the other half were referring to women.

Faceit is not without female subscribers. However, due to the nature of pornography, male subscribers were overwhelmingly.

To the dubious two, Jane Jung cut it off.

“There is no woman in the world who hates porn. It’s just that she doesn’t have any porn to watch.”

Under her leadership, Faceit started producing content for women in earnest. Investors were generally negative. It’s about how many women have to watch porn to see.

However, the vice president of OTK Company, the largest shareholder, had a different idea.

“It’s a great idea. If you need more investment, we will support you, so go ahead.”

Jane Jung has used her big data accumulated over the years to thoroughly analyze the videos viewed by female subscribers. She and she wrote the screenplay, and selected the director and actors accordingly.

Unlike the previous prono, which took off all clothes, it was carried out according to the story. She paid great attention to the sound, not only for the video, but also for the female music director.

As a result, the production cost has risen significantly to the extent that it is comparable to any popular drama or B-movie. Despite the concerns of those around her, Jenny Chung was confident of her success. In addition, Faceit presented content by categorizing women-oriented categories separately.

There was no immediate explosive reaction. However, word of mouth began to spread little by little through SNS, and from a certain moment the number of female subscribers began to increase explosively.

A new star was born. John Dickie (pseudonym) has emerged as a (porn) star among American middle-aged women due to his handsome face, toned body and manners (on the bed).

Female subscribers in their 40s and 50s flocked to watch his video.

Inquiries arose about when the next video would be uploaded, and Jenny Jung announced that she would produce a seasoned porn starring John Deek.

* * *

Controversy surrounding pornography did not subside.

On the Internet, a battle ensued.

-If pornography becomes legal, Faceit will enter Korea.

– Then, isn’t it only profit after Kangjin?

-Did you say that we should reform regulations for this?

– I’m confused because I’m afraid that someone is not a pro-North Korean leftist. No matter how much you shout about freedom, you want indulgence in the end.

– Even if you don’t like Kang Jin-hoo, Face It’s entry into Korea is welcome.

– How long are you going to see it illegally?

– Can’t you see?

– How can a person live without eating?

TV urgently organized a related discussion. I was asked to participate as a panelist, but I declined.

Now I want to stop talking about porn.

Anti-porn groups gathered in front of the headquarters to protest. At first, women’s groups were the main focus, but Confucian groups, religious groups, and parent groups joined the group.

The reason OTK Company is the largest shareholder of Faceit, the world’s largest pornography company, is why they have to leave the good Gwanghwamun Square or City Hall Square to protest.

I sighed.

“I will be delighted.”

For some reason, it doesn’t seem like a single day passes quietly these days.

Taehyung looked out the window.

“If you want to protest, don’t you have to go to Faceit headquarters instead of here?”

“America is far away.”

For reference, protests by American women’s groups often take place in front of Faceit headquarters. Toby and Gerrard don’t seem to care.

The president of the ‘Parents’ Meeting to Raise Children Safely’ aka ‘Aki Ahn’ shouted with a loudspeaker.

“I did not come here as Anaki’s president, but as a mother of a son in middle school and high school! My sons don’t even know what pornography is and are just studying safely and soundly. Our children are curious! Curious Heaven! But what if porn is allowed? Why don’t our children, who know nothing, only watch pornography without studying? Porn is unhealthy and provocative! If you watch porn while studying, you will become an idiot who can’t solve a single test question, you won’t be able to pass the SAT, and you won’t be able to go to college! Then this country will be destroyed!”

Taek-gyu looked at him and said.

“Are the children not watching pornography according to her mother’s beliefs?”

“Hmm.”

Maybe you’re watching it secretly?

“But you, who watched a lot of porn when you were in school, did well in Korea University.”

“… … I haven’t seen much.”

Taek-gyu patted my shoulder and said.

“Why can’t you be so honest? Let’s Face It. Think of Toby and Gerard.”

“… … .”

Aren’t they both too honest?

The spark of controversy that started with a petition from an anonymous netizen has now moved to the National Assembly. The reason is a law that strengthens the crackdown and punishment on pornography proposed by Rep. Lee Jeong-hye.

The prerequisites for billing are already in place. If nothing else is done, it will be brought to the plenary session and voted on.

Already, netizens were trembling with anxiety and fear.

“This might actually pass.”

Needless to say, how useless this bill is. However, as many groups already support the bill, it does more harm than good to oppose it.

Taek-gyu said with his arms crossed.

“Rose blooms on asphalt, and there must be at least one brave man in the National Assembly.”

* * *

It is customary for the first opposition party to chair the Judiciary. The current chairperson of the Judiciary is Hong Ui-hwa of the New Political Party.

At a meeting held to review the bill, Rep. Lee Jeong-hye strongly criticized her government.

She said, “Even though there were laws regulating pornography, such as laws prohibiting the manufacture, distribution of pornography, and the distribution of illegal information, proper crackdown and punishment were not implemented. What was the government doing while the Internet became a hotbed of illegal pornography? To establish a sound sexual culture, we need to strengthen the law to eradicate illegal pornography.”

Rep. Lee Jeong-hye was the one who made the bill, but it was expected that the new political party members would be dealt with without any problems as they also participated in her proposal.

However, an unexpected ambush appeared.

“Can I tell you something?”

It was a male senator.

A former lawyer, he was named the 19th proportional representative of the New Political Party in the last general election. Unfortunately, the New Political Party only secured 17 seats.

I thought I was going to be eliminated, but proportional representative number 7 dropped out for personal reasons, and number 15 was expelled for corruption, and he was lucky enough to enter the National Assembly in his next turn.

After that, in the last general election, he ran for the Gyeonggi region and, after a close battle with the candidate of the Liberal National Party, won by a narrow margin of 0.3 percent and was re-elected. This was the smallest difference in votes in all constituency elections, and netizens nicknamed him Lucky Guy.

“What’s so big about having an adult watching porn?”

Jira, who had never had a significant presence, was astonished by the members of the Judiciary Committee.

“Are the people stupid? If the government says it’s going to ban and crack down on porn, wouldn’t you like it?”

Rep. Lee Jeong-hye, who came to her senses, said.

“So we need to strengthen the law to prevent it.”

“Then, have you ever watched porn because the punishment was weak? You’re welcome. The stronger the punishment and crackdown, the more you will hide in the shadows. Sex drive, along with appetite and sleep, is a human instinct. It is the role of the state to ensure that it can be resolved legally and soundly. No matter how much I think about it, I don’t know what the problem is.”

Rep. Lee Jeong-hye said in an irritated voice.

“Do you know how many women are harmed and suffered by illegal pornography on the internet right now? Some even take their own lives!”

Rep. Nam-gwi calmly countered.

“The leisure department and the legislator are talking about illegal filming and revenge porn as the same thing as pornography made legally in a foreign country, aren’t these two different?”(Read more @ wuxiax.com)

“What is different?”

“Then, is an assault video that beats people the same as an action movie in which the main characters fight? Victims exist in illegal filming. However, porn production companies pay adult men and women for their appearances.”

“Think about it, Senator. Do you think those women wanted to film porn? Most people have no choice but to take pictures because they need money. They are victims too!”

This was the same logic as the women’s group insisted.

Even if the parties consented, the consent itself could not be regarded as genuine consent as it was made in a power relationship.

“According to your logic, the US does not regulate pornography and is making a lot of women victims. Do you have any intention of formally protesting against President Ronald, a congressman who values ​​women’s human rights?”

“Oh, no, that’s America. This is Korea.”

“good. Then all the women who took erotic movies and nude pictures must be victims, so why not regulate this? Are you going to punish all the bosses of the erotic movie production companies?”

“It’s not actually having sex!”

“As Larry Flint said. ‘Murder is illegal, but filming it will win a Pulitzer Prize. Sex is legal, but if she shoots it, she goes to jail.” Which developed countries have illegal pornography? Is it such a big deal for an adult with a sexual desire to satisfy their desires through legally created videos? That is why developed countries with higher human rights standards allow pornography.”

The male ear member pulled out her papers.

“The data I have brought is a report on the global porn industry. That’s 20 trillion won a year in the US alone. In developed countries other than Korea, the porn industry is growing rapidly, and employment is also increasing significantly. However, only Korea, like the Galapagos, is implementing a policy of unilateral regulation.

“Are you saying you want to legalize porn right now?”

“I’m not saying that it should be completely open right now,” she said. However, it is necessary to legalize it rather than unconditionally block it illegally, to bring it into the system and manage it. An environment for viewing pornography that is legally produced and distributed under government regulation must be created. It is also about promoting freedom of expression and individual freedom.”

Rep. Lee Jeong-hye continued to raise her voice.

“Our people just watch lewd pornography and start imagining lewd things. What do you think it is? Then what will happen to this country?”

“So you haven’t seen it yet?”

“What, what?”

“Don’t be fooled into thinking that the government can even control people’s sexual desire. How is this different from Prohibition?”

Rep. Lee Jeong-hye, who had nothing to say, shouted.

“Look! Senator Seong Gwi-nam!”

The male legislator also shouted and responded.

“It’s a male ear, not a male ear. Do you know what the people call the lawmakers who signed the bill? I call it ten-seonbi, ten-seonbi.”

Rep. Lee Jeong-hye jumped up with her face blushing and pointed at her.

“what? ten-year-old? Where is Kusari to me! You must resign!”