First Live VR Porn Cam Shows Launched by CamSoda

Adult webcam site ‘CamSoda.com’ launched the world’s first live vr porn cam shows this week. The first show live streamed in 360 degrees on Wednesday 16th December, and the site promises a live vr show on the same day every week.

VR recorded porn is already proving massively popular, despite none of the major headsets (Oculus Rift, HTC Vive etc) having gone on sale yet, and the Samsung Gear VR only having been released (and quickly sold out) recently. Live social interaction is expected to be the ultimate driver of the virtual reality industry, the reason Facebook paid over a billion dollars to acquire the Oculus Rift, and it is expected to be the same in adult vr. Live cams are already far and away the most profitable segment of the adult industry, largely unaffected or even boosted by the free porn tube sites that have hurt most adult pay sites.

Jakel forecasts that 3% of virtual reality users will pay on average $35 for adult content in 2016, accounting for $13 million of the total market—compared to 5% of virtual reality users spending an average of $56.66 on games, accounting for $35 million of the market, and 15% of VR users spending an average of $8.19 on movies, accounting for $15 million of the market.

Lundeen launched his company last year with a focus on the mobile adult livestreaming business. He says the company now receives 60% of its revenues from smartphone and tablet devices. CamSoda provides all of its high definition, and now 360-degree streams, for free and users give performers real-money tips via virtual tokens.

Since all adult entertainment companies are private companies, getting a real number on how big the industry is can be challenging. Kassia Wosick, assistant professor of sociology at New Mexico State University, estimated that the global porn industry generated $97 billion in 2014. The U.S. market accounted for $10 – $12 billion of that total.

The industry has experienced a downturn in profits as a result of the proliferation of free online porn in recent years. Lundeen says the “live cams” business has not been hurt by the “free tube site” business.

http://fortune.com/2015/12/16/vr-livestream-porn/