A latest investigation may have uncovered the identification of the owner of MindGeek, a Montreal-based company that runs a number of the hottest porn sites, including Pornhub, YouPorn and RedTube. The world’s most powerful internet porn firm is owned by a shadowy businessman who barely exists online, a new report says. Bergemar owns shares in a majority of MindGeek subsidiaries, which permit him to be the largest beneficiary of the corporate, FT reported. MindGeek pays license fees for the “complicated community of subsidiaries” and owes them tens of millions of dollars in dividends, the FT report stated. The businessman Bernard Bergemar owns MindGeek, which runs main porn sites including Pornhub, RedTube, and YouPorn, based on an explosive report from the Financial Times. MindGeek’s business mannequin shall be all too familiar to those that have watched the disruptive power of Silicon Valley. Most of the pornography hosted by its free-to-watch sites is uploaded immediately by the public.
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When submitting a report, present as much detail as attainable. As a porn connoisseur, I’ll be the first to admit that having your cake and eating it too does require a couple of precautions. Now, you’re able to dive in headfirst into this intoxicating world with out the fear of a safety internet. But what do you do whenever you see one thing that just isn’t right?
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Online porn has not been utterly resistant to the type of political and regulatory stress that the big tech companies have started to face. There have lengthy been stringent legal guidelines governing baby pornography. Despite this, primary information concerning the firm are largely unknown. That includes its primary owner—a businessman known as Bernard Bergemar, whose name is almost completely invisible on the Internet but who has a declare to the title of the world’s most profitable porn tycoon. Until this Financial Times investigation, his identity was secret, identified only to a small circle of MindGeek executives and their advisers. Pornhub, a private firm, declined to comment, saying it does not focus on financial information. A company spokesperson would not verify their identification after multiple requests.