Thread: Business silvercash still with us?
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Old 02-19-2018, 12:11 PM  
The Porn Nerd
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Quote:
Originally Posted by LA Mike View Post
Silvercash is about to undergo an overhaul. There is plans to eliminate most of the old sites and bring in some new ones. This could take 6-9 months to happen but we do have some plans. We had to downsize from a 20x20 server room to just a few racks and from 50+ employees and multiple shooting crews to bare bones.

The industry has changed so much in the last 10 years we have just been watching it move along. We don't want to waste money on making new paysites and content as I don't see it making it's money back. We literally have millions of dollars in content that is like wasted money now. Especially the non HD stuff. Most of the sites need new front ends as bandwidth has expanded and users have faster connections. The other issue is so many people trying to cheat or members who signup on a trial and use downloaders and quit before the end of the trial which all loses money.

For these reasons we have not pushed the program at all in recent years. Like I said we do have some plans but it will be awhile.

Free content all over the internet has killed paysites and I wish the government would sensor it. That would fix everything. Two reasons, it would give thousands of people jobs and it would eliminate underage kids from being able to just google any random sex related word and get pages full of 18+ pics and videos. Censorship would force users to have to pay to see more. The problem is that everyone will just move their stuff offshore to countries that do allow it.

I have some ideas to bring back and model that works for both the webmasters and us as a company but like I said it will take time and resources that I don't have readily available.

In terms of payouts I believe that most are up to date however, I will look into it. There has been some issues with payoneer and I'm going to remove them from the program as a payout option. We also just migrated servers which gave us a bit of downtime. Please be patient while we catch thing up over the next few weeks.
Excellent explanation and breakdown of the current state of paysites and the Adult Industry!

What Mike just laid out is why I have structured my business model the way I have. While I do film content for some select sites mostly I take existing (exclusive) content and "rework it". Meaning, I find a way to monetize that content. Is it as lucrative as it was say 15 years ago? No of course not. If you are sitting on already-produced content then you have to change your expectations in terms of revenue. This is hard for some producers to do considering they spent hundreds of thousands (or even millions) on content. But that content is now "worth" 5% of what it cost to film it.

Sucks but that's the way of things now. Best of luck Mike with whatever plans you may have for the future.
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