I agree with your post. I believe it was a sidebar ad at Newsmax that stated “how YouPorn killed the porn business” I hadn’t ever heard of that before and after a click, sho’nuff... mom and pop (and lots of others for that matter) are in front of their cameras and posting it on the internet for free.
A bailout will not revive it as long as there are exhibitionists in this world.
Probably a good time for people like Larry Flynt and Joe Francis to just retire and fade away...