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Tagged: Larry Flynt

Bailout

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America's Porn Moguls Need Our Help! | Here we were thinking that the nation's porn industry was recession-proof. Guess not! According to TMZ, Joe Francis and Larry Flynt are now seeking a $5 billion bailout for the adult entertainment industry since X-rated DVD sales are down 22 percent from a year ago. "Congress seems willing to help shore up our nation's most important businesses; we feel we deserve the same consideration," Francis explained, adding that he plans to head to Capitol Hill to make his appeal in person. Get ready for record ratings, C-SPAN! [TMZ]

Media

Curtains at Time Warner Cable, The Voice Cuts Two Vets

• Channels like MTV, Comedy Central and Nickelodeon will no longer be available to Time Warner Cable customers beginning at midnight, unless Viacom and Time Warner settle a dispute over fees. [Bloomberg]
• The Village Voice has laid off Nat Hentoff and Lynn Yaeger. [NYT]
• Ratings for MTV's The City and Bromance were disappointing. [THR]
• Pepsi is parting ways with its longtime pitchman David Beckham. [AdAge]
Hustler publisher Larry Flynt is feuding with his nephews over their plans to launch an adult media company of their own. [NYP]
Nick Denton's Gawker Media has sold off a site and is selling another. [NYT]
• It's not all bad news these days for journalists, clearly. [THR]