Posted March 06, 2019 12:24:08AUSTRALIA’S anti-piracy platform Pornhub, which was shut down by authorities after a major crackdown on the service, is being used as an example for other online ad networks.

Key points:Pornhub, the largest porn site in the world, was shuttered in Australia last month after a massive crackdown on its serviceThe Australian Securities and Investments Commission (ASIC) has accused Pornhub of breaching securities lawsThe company has also been fined $3.2 million and is in courtThe company, which had been operating out of Sydney, has received more than $2 million in advertising revenue from the Australian ad-blocker market, according to the company’s chief operating officer, Dan Green.

The Australian market for ads on online platforms like Pornhub is estimated to be worth $500 million annually, according an industry analyst.

PornHub’s demise has had a significant impact on the ad-sharing market, with the number of websites using the service on average increasing by about 200 per cent over the last year, according the research firm App Annie.

But while the shutdown has affected the market, the impact of the ASA’s crackdown has also had a major impact on some of the online ad companies that have chosen to take part.

“The Australian public has the right to know what’s happening to their money,” Mr Green told the ABC.

“They can get a sense of the risk and the potential for scams, of all the companies that are participating in that market, because it’s very difficult for us to be sure.”

Mr Green said the ASA was being particularly critical of Pornhub for breaching a number of Australian securities laws.

“We’re really worried about their ability to maintain a healthy business,” he said.

“It’s a huge concern that there are so many different ad platforms that are operating in Australia, so many of which are advertising products, that it could have a significant effect on the ability of that platform to operate.”

The Australian Financial Review (AFR) reported that Pornhub’s advertising revenue jumped by about $1.6 million, to about $5 million.

Its biggest advertising revenue came from ads on YouTube, which has seen its ad-stream revenue grow by almost $100 million over the past year.

However, that was dwarfed by the company`s other advertising revenue, which fell by about 70 per cent, or $6.6 billion, to $2.2 billion.

“When you look at the whole thing, the biggest impact is to the Australian advertising market, to the YouTube ad-ad business,” Mr Greens said.PORNHUB HAS USED ITS ACCOUNTS TO BEHIND THE SECURITIES LAWThe ASA`s latest enforcement action against Pornhub came after the regulator issued an initial ruling in January that said Pornhub did not comply with a number the company had disclosed in a financial disclosure.

The company then had to amend its financial disclosure to remove the statement about its financial situation, which the ASA found was not in compliance with the rules.

“This was the second time in the past five years that PornHub has had to make a public disclosure, but the first time in which it also had to give us the full accounting of how the financial situation was managed,” Mr Brown said.

The ASA has also accused PornHub of breaching the securities laws, which prohibit any person from “advocating or facilitating” a market in securities.

Proud of its history and missionMr Green also said the shutdown was part of the company trying to change its culture.

“Our business model has been based around creating content and building a community around that content, and we’ve tried to make sure that the content has been delivered in a way that people are able to access that content without a subscription,” he told the media.

“That was our mission.

That was our core mission.””

But we have also tried to be careful in the way we have delivered it, in that it has been a very transparent, open, transparent platform.”

He said the company was trying to rebuild its culture and “move into the future, so that when we’re done, we can build a community that’s very open, and that we can be able to deliver content in a very good way”.

“We have made significant progress in this respect.”

PornHUB’S DIRECTOR, MARC GREEN, SAYS THE SECURE THINGS TO BE CAREFUL PORNHURST has a long and storied history in Australia and the world.

But the company has never faced a major legal challenge until now.

Mr Green admitted that he and his team had been “very careful” in the years since they were formed in 2013, and have now been “in a better position to deal with the situation”.

“The reason we’re here is because of the events of the last few months,” he added.

Tags: