“Porn industry in northern Los Angeles is among the worst hit by the recession”

Economist: “The adult-film industry is concentrated in the San Fernando Valley—“the Valley” to Angelenos—on the northern edge of Los Angeles, so the slump in porn is yet another factor depressing the local economy. Pornography had been immune to previous recessions, so the current downturn has come as a shock . . . If the Valley used to make 5,000-6,000 films a year, says Mr Kernes, it now makes perhaps 3,000-4,000. Some firms have shut down, others are consolidating or scraping by . . . the internet, with its copious free clips, is an increasingly viable alternative to the paid stuff.”