Orange County, California – Adult Entertainment Capital names industry strongman, Mark Graff as Vice Chairman of the Board, for the first publicly traded investment firm available to the adult industry.
Adult Entertainment Capital President and CEO, Milton “Todd” Ault III said, “Mark is the perfect fit for us, with his 30 years of experience in the media industry. He’s covered cable and broadcast from behind the camera, all the way to the boardroom. His business sense is unimpeachable. Mark knows that it takes more than content to extend this multi- billion dollar industry even further.”
“This is a great time to come back into adult, as the market has become more horizontal than vertical,” said Graff. “Our focus is more on infrastructure than purely content, and the companies in our portfolio will reflect that. By doing this, our investors profit from an industry that sees new types of adult oriented businesses formed every day.
“This industry was entirely focused on producing content, and there was only broadcast or physical product to contemplate. We’ve moved far beyond that with internet and mobile delivery platforms. Adult entertainment encompasses so many different sources at this time; it is expanding the economic paradigm. You can have DVDs, broadcast, internet, clubs and resorts, services and products, that all work together or individually to enhance each other. I’m looking at the infrastructure of the entire industry and what can be accomplished by putting together different aspects to make a cohesive business model. This is what mainstream businesses have always done to strengthen their market share, and that’s the kind of synergy Adult Entertainment Capital is looking for in our investments.”
Graff earned his reputation as a savvy adult industry business man with the launch of the Spice Channel, before creating the first video streaming networks designed for internet and other distribution outlets as CEO of American Interactive Media in 1998. Graff co-founded TDM soon after, creating PlaygirlTV in 2003 and Wicked on Demand in 2005, successfully selling his ownership position in TDM and PlaygirlTV in 2006 after the successful launch of the cable outlet.
Along with his position on the Adult Entertainment Capital board of directors, Graff maintains his status as Chief Executive Officer of ComedyNet, which broadcasts to 19 million homes through most major cable operators, and is carried on broadband portals such as Sling Media, HULU and ActiveVideo and through subscription services on most AT&T, Verizon and Sprint cell phones. ComedyNet’s uncut and uncensored events are carried by Events on Demand.