Taiwanese video start-up Pandora Move will release the first ever Chinese VR porn film.
As reported by China Money Network, the adult film will feature Japanese actors and actresses but will have a local production team who will create the screenplay as well as shoot and produce the film.
The film will be released next month.
“In the VR film industry, adult movies are the only one with a proven track record for monetization,” said vice chairman of Pandora Move, Ding Baoshan, during an interview with Chinese media.
“Most regular adult movies are watched free online, but VR adult films will be able to bring in much higher revenues. This is our hope for a new gold mine,” another executive at the company said.
Around US$3,075 is spent per second on adult content on the internet globally. Top Ten Reviews claim 280,000 people around the world watch pornography online each second. 24.6 billion websites, which accounts for 12% of the world’s websites, features porn. Furthermore, 35% of content downloaded is of an adult nature and 25% of searches online are porn-related.
It also seems that VR porn is more lucrative in reeling in money than regular adult content. Adult film portal Naughty American launched VR content a few years ago. Around one in 300 visitors are willing to pay for VR porn films, which is compared to one in 1,500 for traditional adult videos. This led to the company’s revenues from VR content to grow 433% year-on-year in 2016.
In mainland China, porn remains illegal. In February, CCTV exposed that VR headsets with “free adult films” were being sold on Alibaba’s e-commerce platforms. 2,769 illegal VR products were consequently deleted from its platforms.
Shenzhen prosecutors also arrested 19 people in January who were charged for giving away “free adult VR films” with VR headsets bought online.
