Price increases drive growth in adult ad revenue

ALTAMONTE SPRINGS, Fla. (Jan. 21, 2011) – Taking advantage of the void left when Craigslist eliminated its prostitution ads, three major websites increased their rates on prostitution ads last month, driving double-digit revenue growth.

Backpage.com and two other escort-advertising sites drove their estimated December revenue from prostitution ads to $3.1 million, a 23 percent increase over Novem