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It is estimated that Americans now spend somewhere around $10 billion a year on adult entertainment, which is as much as they spend attending professional sporting events, buying music or going out to the movies.
Consumer demand is so strong that it has seduced some of America's biggest brand names, and companies like General Motors, Marriott and Time Warner are now making millions selling erotica to America.
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Last November, Correspondent Steve Kroft reported on this billion-dollar industry.
The best place to see it is at the industry's annual convention in Las Vegas, where more than 200 adult entertainment companies gather under one roof to network, schmooze and show off their latest wares.Presiding over it all is Paul Fishbein, the founder and president of Adult Video News, the industry's trade publication, which sponsors the expo. "Manufacturers of adult products, distributors, suppliers, retail store owners, wholesalers, distributors, cable TV buyers, foreign buyers," says Fishbein."They're all here to do business, and then you have the fans."The fans came from all over the country, stood in line for hours, and paid to get into what was essentially an X-rated trade show.From appearances, you might find the same crowd at the boat show.According to Fishbein, there are well over 800 million rentals of adult videotapes and DVDs in video stores across the country.The Grand 60ft Marble Entrance With Double Staircase, 35 Foot Ceilings And Unique Hexagon Shaped Atrium With Two-story Colonnade Is Reminiscent Of An Italian Palla...