Submitted by marketrent t3_11t7osc in technology
MagnarOfWinterfell t1_jci9awz wrote
Reply to comment by revtim in Pornhub owner MindGeek sold to Ottawa private equity firm by marketrent
I doubt it, they're going to want to monetize it.
uzlonewolf t1_jcikuml wrote
Or shut it down.
MagnarOfWinterfell t1_jcilayc wrote
Why would they buy it only to shut it down?
uzlonewolf t1_jcimzcj wrote
It's not uncommon for religious groups to try and shut down pr0n. No idea if that's what they are or not, but their name doesn't give me confidence.
> Ethical Capital Partners (ECP), ... ECP's website describes itself as a firm that seeks "investment and advisory opportunities in industries that require principled ethical leadership."
MagnarOfWinterfell t1_jcisz9f wrote
It's private equity firm, not a religious group. The only thing they worship is money.
uzlonewolf t1_jcj026l wrote
> -Investing in MindGeek as the internet leader in fighting illegal online content.
> ECP believes the internet should be safe for all - with child protection, intimate image security and digital self-determination at the core of our values, and that MindGeek must play a leading role in the fight against illegal content across the internet.
Sure sounds to me like they have goals other than money.
PromiscuousMNcpl t1_jck91o2 wrote
Yeah. They’re gonna go with the Saudi Arabia version of illegal content and shut it down.
TwentyTwoOmega t1_jckeuzm wrote
That's just a boilerplate response you issue as a PE after you bought the biggest pornsite on the planet.
PromiscuousMNcpl t1_jck8x4t wrote
Fundamentalist Reich-Wing hypocrites would absolutely but Pornhub to shut it down.
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