On May 31st I’ll do a more extensive tarot reading on how the adult industry will fare in the month of June.
Earlier this week I predicted the following: “Shakeout time is finally coming and there will be a period of consolidation among companies. Overall, I also see the next few months as one of retirement announcements, lawsuits being dropped, and lots of people in the industry going on to other livelihoods that don’t involve porn, www.adultfyi.com/read.php?ID=48728
Just as we saw the big build up of porn companies during porn’s gold rush era, we’re going to see the scaling down effect.
Chatsworth, CA – from www.benzinga.com – Sascha Libido [pictured], globally famous German adult star, has announced that his production studio, Film Studios LA, is now for sale.
In an interview with a member of the German media, Sascha revealed his plans to offer the entire turnkey studio operation as a single package, for an estimated price of $475,000.
Film Studios LA, located in California’s San Fernando Valley, is touted as being the ‘world’s busiest adult studio’.
It has also been the site of a number of mainstream productions, with such stars as Michelle Rodriguez (Avatar, Fast and Furious, LOST) and Jareb Dauplaise (Transformers, Hard Times of RJ Berger) appearing in projects being filmed at the Studios.
Most people in the industry will already be somewhat familiar with the resources of Film Studios LA. Three of the current AVN Retail Buzz Top Sales & Rentals were filmed at the Studios. Also, the sets and stages of the Studio have appeared in literally thousands of adult films produced by every major adult company in the business including Brazzers, Digital Playground, Hustler, Penthouse, Playboy, and Wicked.
In 2010 alone, the Studio was the site of over 400 production bookings. Many of these productions utilized the in house production design team, which created custom sets for several films awarded at the 2011 AVN Awards including the hit parody Batman XXX. In addition to the physical assets of the Studio, and many of the trained personnel remaining intact, the purchaser will also receive the Studio’s ‘black book’ of contacts and clients, to assist the new owner in maintaining this level of productivity after the sale.
A veteran of over 1050 adult films as both performer and director, Sascha founded the Studio in 2005 in a single warehouse, with himself as the only worker. Since that time, it has grown to encompass 5 fully functioning studios with makeup, wardrobe and green rooms, offices, a set workshop, and over 10,000 sq. ft. of stored props.
Sascha gives his reason behind the sale of the Studio at this time: “After many years of hard work I believe the business is now a turn key investment, and more importantly, this transition will allow me to focus exclusively on manufacturing what I believe to be the most revolutionary piece of adult toy technology to date.”
A patent application has been filed by Sascha, and he has entered into a partnership with a German firm to further develop and manufacture “a toy allowing real sex with anyone, anywhere, anytime.” The target date for release of their device is Fall, 2012.
For information on submitting offers or scheduling a meeting to discover more about the company please contact the law firm representing the business, Scapa Law Group, PC.