Feeds

Erotic exhibitor options IPO to fund online expansion

Swelling interest in Net continues... ahem

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Investors with a fetish should be turned on by the latest Internet company to make noises about going public. Erotica is planning to float on the UK's Alternative Investment Market (AIM) or NASDAQ next year, according to a story in the Observer newspaper. The company, which organises adult trade shows, is looking to expand its e-commerce activities although it will need to raise £8 million before it can do so. It wants to jump on the Net and get its hands on the estimated $3 billion predicted to be spent on the online adult entertainment industry within the next five years. Apparently, adult content currently accounts for 69 per cent of the $1.4 billion online content market, according to a report by Datamonitor. "The sex industry is the biggest unformalised industry in the world," said John Caswell, CEO of ROCQM which is advising Erotica. "There are lot of poor sites out there. "We have to understand the consumer is buying profile and create a model which can be taken forward," he told the Observer. Last week Germany's biggest chain of sex shops went public. Demand for Beate Uhse was so great its shares swelled by 80 per cent on the first day of trading. ®

Choosing a cloud hosting partner with confidence

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.