Porn Production Hit Hard

"Filming is beginning to slowly move to Eastern European countries where girls are willing to do the work for less money," says Michael, a British expatriate who used to work at a publication specialising in the porn film industry.

One of the best known figures in the industry, director and producer Istvan "Kovi" Kovacs disagrees, "Due to the recession and to the free content available on the Internet, the industry is suffering losses in Hungary and everywhere else."

A bulky man in his fifties, "Kovi" has made over 70 X-rated films and won two AVN Adult Movie Awards, also known as the "Oscars of porn", with his production company LUXx Video, which he started in the 1990s.

"Nowadays, Internet users stop at the gates of paid content," says Kovi, sitting in his office in an outer district of Budapest, surrounded by shelves of awards; "Consumers are tightening their belts and with widespread DVD piracy, good times seem to be over for the adult film industry."

Haunted House Clause a Relief

Are you insured against your worst possible nightmares? Or what if your house that you wasted your years to buy it was haunted? Excepting the extremely unlikely case of selling its movie rights, its value would no doubt depreciate overnight. Worry no more.

Recession-hit economy has triggered an unsurpassed torrent of creativity among businesses small or big, but especially the insurance companies which took the hardest blow:

InPro Insurance Group unveils its specialty haunted house insurance, theatre insurance, and special events insurance policies, designed specifically for the unique property and equipment needs of the themed attraction, special event and performing arts industry. After setting new standards within the insurance industry with affordable General Liability policies for haunted attractions and special events InPro now offers these additional insurance coverage policies.