That's a pretty impressive monopoly, for some reason I always thought those "YouTube-like" sites were competing against each other. MindGeek may well turn out to be the Google of porn.
It's a bit like how all the casinos in Vegas are owned by something like 3 companies, or how all the detergents are owned by Unilever.
I wonder if MindGeek will move to a more legal revenue split/share model as it grows the same way Youtube did.
That seems like a distinct possibility. If Mindgeek can aggregate the majority of adult entertainment eyeballs on the internet, then studios basically become Mindgeek MCNs. In some ways that may be an easier transition than it would be for Hollywood studios, in so far as production costs are probably cheaper by several orders of magnitude.
Can you tell me what MCN stands for?
Multi-channel network. It's a term YouTube originally coined. Basically, a content publisher on someone else's platform who operates multiple channels within that platform. In the YouTube world, this is someone bigger than a one-channel YouTube star and perhaps smaller than, say, a premium content provider like NBC or CBS.