CEO and COO of Pornhub parent company Mindgeek abruptly resign – TechCrunch

The CEO and CEO of Mindgeek, the parent company of the porn-streaming giant Pornhub and others like it, has resigned abruptly and untidily. The company said departures were planned, but reporting on corporate censorship policies in the New Yorker Last week let them air leave the scene of an accident.

Variety first reportedMindGeeks confirmed to TechCrunch.

CEO Feras Antoon and COO David Tasillo will be effective immediately, although they will remain shareholders. According to a statement by MindGeek, “With the company strategically positioned for long-term growth, MindGeek’s executive leadership team will run day-to-day operations on an interim basis, with the search for new people. replacement is underway.”

It is understandable that the company may be considering a leadership change; The last few years have been challenging for the adult film world, in which MindGeek is an incredibly powerful player – strong enough that many in the industry have resigned themselves to working with sometimes controversial choices about content. content and payment.

Money is also an issue – it’s not the porn industry that lacks it, it’s that it’s increasingly difficult to pay. MasterCard and Visa have both suspended payments to MindGeek companies in 2020, although Visa slightly declined. The uncertain position of the company has led it to resort to suggesting crypto payments, but as we’ve seen that’s not quite as easy as its proponents have made it to be.

However, the most recent bad PR stunt about the company has to be the work of the New Yorker, which describes various situations in which Pornhub’s censorship process has failed for years, with people leaving tried and failed to get their pictures off the platform. However, some adult and sex film industries have accuse the author of the buy a warrior against religious porn sharp hooks, lines and sinks.

MindGeek called the report “overall misrepresentation” and pointed out in a separate statement: “NCMEC reported earlier this year that Pornhub had reported fewer CSAM incidents and had eliminated cases CSAM in the shortest time after being communicated between all major platforms, including Facebook, Twitter, YouTube, etc.”

Regardless of what one might think of the New Yorker article, it’s hard to get a few thousand words in a well-respected and popular recurring death target at your company – that’s why some people You may find it hard to believe that “there is absolutely no correlation between any other reports and today’s news. “

It’s true that MindGeek and Pornhub (as well as other adult video sites and services, not to mention social media) have had no trouble dealing with illegal or policy-breaking content, but certainly There are certainly efforts to solve that problem. Whether those efforts will be enough is another question, and usually we can only answer in looking back at companies when companies have been vandalized, investigated, or by some means and only Their internal number is leaked. (If Facebook and others never had to raise their right hand and tell the truth to Congress or the Justice Department, we might never know what we do now.)

The CEO and COO leave immediately with no succession plan in place after a string of bad press – it could certainly just be unfortunate timing and the liberal nature of the company, but it would be difficult to make that story becomes attached.

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