The Pornhub Acquisition: Just A Fake Transaction To Escape Public Scrutiny?
MindGeek, the Luxembourg-based operator of several porn sites, including Pornhub, Brazzers, and Redtube, was acquired by Canadian private equity firm Ethical Capital Partners (ECP). The financial terms of the deal were not disclosed. MindGeek has been a giant in the online porn industry since. In June 2022, Visa stopped working with the company after lawsuits and public criticism. On Twitter, it is claimed that the purchase of MindGeek was just a fake. Here is a short report.