Hot Money: Who Rules Porn?

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When Financial Times reporter Patricia Nilsson started digging into the porn industry, she made a shocking discovery: Nobody knew who controlled the biggest porn company in the world. Now, Nilsson and her editor, Alex Barker, have figured out who the guy was, and much more. Their reporting reveals a shadowy power structure that includes billionaires, tech geniuses and the most powerful finance companies in the world.

Pushkin Industries


    • Jun 3, 2025 LATEST EPISODE
    • monthly NEW EPISODES
    • 25m AVG DURATION
    • 33 EPISODES
    • 3 SEASONS


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    Latest episodes from Hot Money: Who Rules Porn?

    Introducing Hot Money Season 3: Agent of Chaos

    Play Episode Listen Later Jun 3, 2025 3:46 Transcription Available


    When reporter Sam Jones asks questions about disgraced financial executive Jan Marsalek, he discovers a world of warlords, espionage, and disinformation. Coming June 10 from Pushkin Industries and The Financial Times Get ad-free access to the entire season of Hot Money: Agent of Chaos by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Access ad-free episodes, exclusive binges, full audiobooks, and bonus content for all Pushkin shows with Pushkin+. Subscribe on Apple: apple.co/pushkinSubscribe on Pushkin: pushkin.fm/plusSee omnystudio.com/listener for privacy information.

    Introducing White Hot Hate: Agent Pale Horse | Exposing the truth by living a lie

    Play Episode Listen Later Apr 17, 2025 32:20 Transcription Available


    Here's a preview of the podcast White Hot Hate: Agent Pale Horse. FBI undercover agent Scott Payne’s job was to infiltrate the most dangerous gangs of our times: outlaw bikers, drug cartels and the international neo-Nazi networks hellbent on inciting a race war. He was taking down these groups from within. And Scott was good at it — people confided in him their most audacious plans for mass violence and domestic terrorism. In the second season of CBC’s White Hot Hate, host Michelle Shephard gives you an unvarnished view of a life undercover. Because after a 28-year-long career pretending to be somebody else, Agent Payne is ready to tell his side of the story. This series was produced alongside a book co-written by Scott Payne and Michelle Shephard titled Code Name: Pale Horse: How I Went Undercover to Expose America's Nazis. More episodes of White Hot Hate: Agent Pale Horse are available at: https://link.mgln.ai/YVWdxWSee omnystudio.com/listener for privacy information.

    FT long read: The Fugitive Prince

    Play Episode Listen Later Jan 21, 2025 50:37 Transcription Available


    To those who believe his story, Paul is the crown prince of Romania, a direct descendant of Queen Victoria of the United Kingdom and Tsar Alexander II of Russia. To those who don’t, he’s Paul Lambrino: a fantasist claiming heirship to a non-existent throne. This is the story of Paul’s fight to win a $1bn inheritance. It features private spy agencies, missing Caravaggios, and a billionaire with an eye for a deal. This piece, written by the FT’s Miles Johnson, is the first in our series, ‘The Great Escape’, featuring our most carefully crafted and deeply engrossing tales. It was originally printed in FT Weekend. To read more stories like this and to save 40% on a standard digital subscription to the Financial Times, go to: ft.com/princeoffer. Contributors: Miles Johnson, Mischa Frankl-Duval, Breen Turner, Laura Clarke, Cheryl Brumley, Matt VellaSee omnystudio.com/listener for privacy information.

    Introducing Against the Rules: Fans

    Play Episode Listen Later Sep 24, 2024 2:53 Transcription Available


    Introducing Against the Rules: Fans, a new season from journalist and bestselling author Michael Lewis. Michael Lewis bets high and low to find out how Americans, and their state governments, got addicted to a new form of legalized gambling. This season, we'll meet bookies, lobbyists, lawyers and professional sharps. All in their own ways trying to figure out why fans might hitch their life savings to their favorite team's performance. Listen to the series wherever you get your podcasts.See omnystudio.com/listener for privacy information.

    Take our survey, win a prize!

    Play Episode Listen Later Aug 2, 2024 0:29 Transcription Available


    The Hot Money team is hard at work on another season–so stay tuned.Until then, we'd love to hear about you and what you think about the show. We are running a short survey and anyone who takes part before August 29th will be entered into a prize draw for a pair of Bose QuietComfort 35 Wireless Headphones. Take the survey here: https://www.feedback.ft.com/c/r/pods?title=hot You can read our T&Cs for the prize draw here.See omnystudio.com/listener for privacy information.

    Introducing: Where's Dia?

    Play Episode Listen Later Aug 1, 2024 7:51 Transcription Available


    In the beautiful mountain town of Idyllwild, a wealthy widow named Dia Abrams suddenly vanishes from her home. She leaves behind her idyllic ranch, estranged children and a messy legal battle. Two men in her life, her son and a man who claims to be her fiance, launch public campaigns to find her. But soon, their efforts – and stories – begin to unravel. Enjoy this preview from Where's Dia? A new podcast from Pushkin Industries and iHeartPodcasts.See omnystudio.com/listener for privacy information.

    Introducing Lost Hills: Dark Canyon

    Play Episode Listen Later Jun 10, 2024 37:07


    The disappearance and death of Mitrice Richardson remains Malibu, CA's most baffling unsolved case. It's been nearly 14 years since her remains were discovered in a remote canyon, and still, no one has been held accountable for her demise.  To this day, her death remains an unsolved mystery. The truth lies in the remote Malibu community where Mitrice was last seen. And now, finally, people are starting to talk. Enjoy this episode from Lost Hills: Dark Canyon. Available wherever you listen to podcasts.See omnystudio.com/listener for privacy information.

    Introducing Untold: Power For Sale

    Play Episode Listen Later May 27, 2024 2:34 Transcription Available


    Introducing Power for Sale, a new season of Untold from the Financial Times. In Untold: Power for Sale, host Valentina Pop and a team of FT correspondents from all over Europe investigate what happened in the Qatargate scandal, where EU lawmakers were accused of accepting payments from Qatar to whitewash its image.Subscribe and listen on: Apple Podcasts, Spotify or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

    Introducing Deep Cover: The Nameless Man

    Play Episode Listen Later Apr 29, 2024 40:38 Transcription Available


    Introducing Deep Cover: The Nameless Man, a new podcast season from Pushkin Industries. This season tells the epic tale of two federal agents who investigate a rumor about a murder that supposedly took place 15 years prior. It is also the story of a family searching for answers about why their brother was killed. These two storylines collide in a courtroom in Philadelphia, where murder, memory, and morality go on trial.     See omnystudio.com/listener for privacy information.

    Introducing Untold: The Retreat

    Play Episode Listen Later Feb 12, 2024 2:02 Transcription Available


    Introducing Untold, a new podcast from the Financial Times's special investigations team. In its first series, The Retreat, host Madison Marriage examines the world of the Goenka network, which promotes a type of intensive meditation known as Vipassana. Thousands of people go on Goenka retreats every year; people rave about them. But some who go to these meditation retreats suffer. They might feel a deep sense of terror, or a break with reality – and afterwards, they're not themselves anymore. Subscribe and listen on: Apple Podcasts, Spotify or wherever you listen to podcasts.See omnystudio.com/listener for privacy information.

    Episode 8 - The Red Notebook

    Play Episode Listen Later Dec 26, 2023 33:26 Transcription Available


    Law enforcement cuts off the Kinahan cartel, and a little red notebook in the back of a car might finally reveal who killed the electrician in Almere. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 7 - Against the Ropes

    Play Episode Listen Later Dec 21, 2023 35:15 Transcription Available


    Daniel Kinahan is more influential than ever, but law enforcement may finally be catching up.  For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 6 - Ties with Tehran

    Play Episode Listen Later Dec 19, 2023 32:46 Transcription Available


    An undercover operation in New York reveals a connection with Tehran. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 5 - Nerds vs Narcos

    Play Episode Listen Later Dec 14, 2023 24:39 Transcription Available


    Back in the Netherlands, the high-tech unit of the Dutch police works to crack the murder case. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 4 - Gangster's Paradise

    Play Episode Listen Later Dec 12, 2023 34:17 Transcription Available


    No longer safe in Europe, the cartel bosses move to a city that is attracting criminals from around the globe. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 3 - Sun, Guns & Sangria

    Play Episode Listen Later Dec 7, 2023 35:41 Transcription Available


    International law enforcement is after the Kinahan cartel, revealing just how big the operation has grown. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 2 - Cocaine CEO

    Play Episode Listen Later Dec 5, 2023 31:10 Transcription Available


    An enterprising Dublin drug dealer makes the most of a revolution sweeping across Europe's criminal economy. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Episode 1 - Murder Brokers

    Play Episode Listen Later Dec 5, 2023 29:45 Transcription Available


    When a Dutch crime reporter makes an unbelievable discovery, a small-town murder case begins to look like an international assassination plot. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.

    Introducing Hot Money: The New Narcos

    Play Episode Listen Later Nov 21, 2023 2:46 Transcription Available


    Hot Money is back with a new season that begins with a mysterious murder in a small town and leads to a cocaine super cartel and a secret proxy war between democracies and dictatorships.See omnystudio.com/listener for privacy information.

    The 2023 Unhedged Stock Draft

    Play Episode Listen Later Jul 27, 2023 20:41 Transcription Available


    Seven stocks are powering the market: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. How will they do in the second half of this year? Ethan Wu hosts as Rob ‘Value This' Armstrong takes on Elaine ‘The Lex Flex' Moore. In three rounds they pick their winners for the second half of 2023, and tell us why they chose them. If you enjoyed this preview of the new podcast Unhedged, subscribe to the show now: https://apple.co/478A3VSSee omnystudio.com/listener for privacy information.

    Introducing Deep Cover: Never Seen Again

    Play Episode Listen Later Feb 6, 2023 10:04


    Sharing a preview of Deep Cover: Never Seen Again, the story of two young women, living on opposite sides of the country, who went missing at almost the exact same time. Seven years later, their stories collided when one woman resurfaced – posing as the other. A small-town detective became obsessed with the case, convinced that one of them was a spy. Twenty years later, that woman is telling her tale. Listen to Deep Cover and hear the entire story at https://podcasts.pushkin.fm/dc3?sid=money.See omnystudio.com/listener for privacy information.

    From Tech Tonic: Climate Tech to Save the Planet and Keep Flying

    Play Episode Listen Later Nov 11, 2022 25:25


    Today, we're sharing a preview from another podcast from the Financial Times, Tech Tonic. Does aviation have a sustainable future? As more people fly, aviation is on track to becoming a much bigger problem for climate change. Tech Tonic host Pilita Clark, FT columnist and climate journalist, looks at the potential for a more sustainable aviation industry, a sector that's struggled to come up with new technology to cut its emissions. Could we end up being forced to cut back on flying altogether? Producer Josh Gabert-Doyon travels to Farnborough Airshow, and we hear from Zero Petroleum's Paddy Lowe, Boom Supersonic's Blake Scholl, and executives from Boeing, Airbus, ADS, United and EasyJet. Check out stories and up-to-the-minute news from the Technology team at ft.com/technology and Climate team at https://www.ft.com/climate-capital  Presented by Pilita Clark. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT's head of audio is Cheryl Brumley.See omnystudio.com/listener for privacy information.

    Bad Women: The Blackout Ripper

    Play Episode Listen Later Oct 11, 2022 15:16


    Here's a preview of Bad Women: The Blackout Ripper. Over a single week in February 1942, a sadistic serial killer stalked London's bomb-ravaged streets – hunting for victims in the bars and clubs of the city's West End theater district. In his cruelty and depravity, he was immediately likened to Jack the Ripper. Using new research from police files, court transcripts and exhaustive genealogical study, Hallie Rubenhold reconstructs the lives of the women he attacked and murdered – women who were dismissed for working in the sex trade, or for choosing to live otherwise independent lives. She examines what placed these women at the margins of society and why the war years were perilous for so many women. Listen to Bad Women at https://link.chtbl.com/hotmoneybadwomen.See omnystudio.com/listener for privacy information.

    From Revisionist History: Outliers, Revisited

    Play Episode Listen Later Sep 15, 2022 35:38


    This week, we're sharing an episode from Revisionist History, Malcolm Gladwell's podcast about things misunderstood and overlooked. This season, Malcolm's obsessed with experiments – natural experiments, scientific experiments, thought experiments. In this episode, Revisionist History explores a category of privilege that's often ignored: age. And he winds up pointing the finger of blame quite firmly in his own direction.  You can hear more from Revisionist History at https://podcasts.pushkin.fm/rhs7?sid=money.See omnystudio.com/listener for privacy information.

    Episode 8: Inside Porn's Star Chamber

    Play Episode Listen Later Jul 19, 2022 40:47


    In the season finale, Alex and Patricia discover how Visa and MasterCard became the reluctant rulers of porn. And they figure out what being ruled by credit card companies means for the porn industry today. If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to subscribe to our email list. See omnystudio.com/listener for privacy information.

    Episode 7: Porn Meets OnlyFans

    Play Episode Listen Later Jul 12, 2022 39:59


    Alex and Patricia track down the family behind OnlyFans, the site that has transformed online porn by shifting power back to performers. But there is a whole other side to the OnlyFans story.  If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 6: Knocking on the Door of a Porn Empire

    Play Episode Listen Later Jul 5, 2022 41:28


    One of the biggest porn companies in the world was forced to radically change its practices. But another porn giant changed almost nothing. Patricia travels to the company's Prague headquarters to understand why.  If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 5: The Billionaire Who Took Down Porn

    Play Episode Listen Later Jun 28, 2022 38:15


    A billionaire hedge fund manager reads a scathing column about a popular porn site. Hesends an angry text to the CEO of MasterCard. Almost overnight, the biggest porn company in the world changes dramatically. If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 4: Playboy vs. Rusty and Edie

    Play Episode Listen Later Jun 21, 2022 39:43


    How is it legal for porn sites to host millions of videos uploaded by users? The answer is in the story of an Ohio family in the early 1990s. In this episode: a family IT business, an FBI raid and a court case that set the precedent for porn – and for tech giants like Facebook and Twitter.  If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 3: Mr. Goldman, Mr. Sex

    Play Episode Listen Later Jun 14, 2022 32:33


    When Fabian Thylmann ran into trouble with the law, a former Goldman Sachs banker swooped in to buy his porn sites. But nobody knew who he was. He managed to keep his identity a secret for years --- until Patricia rumbled his game.  If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 2: The Darth Vader of Porn

    Play Episode Listen Later Jun 7, 2022 32:59


    A decade ago, a computer programmer named Fabian Thylmann began to build one of the biggest porn empires in the world. How did Fabian do it? He was good with money in a business that was starved of finance. He convinced Wall Street to bankroll his vision to take control of the industry. If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Episode 1: Porn Meets the Internet

    Play Episode Listen Later Jun 6, 2022 32:24


    Stoya is a porn star who saw first-hand how a firehose of free porn online transformed the adult industry. She sends hosts Alex Barker and Patricia Nilsson a quest: Find out who is in charge, and get to the bottom of how the business of porn really works. If you'd like to keep up with the most recent news from this and other Pushkin podcasts be sure to sign up for our email list at Pushkin.fm. See omnystudio.com/listener for privacy information.

    Hot Money: Who Rules Porn?

    Play Episode Listen Later May 25, 2022 3:10


    When Financial Times reporter Patricia Nilsson started digging into the porn industry, she made a shocking discovery: Nobody knew who controlled the biggest porn company in the world. Now, Nilsson and her editor, Alex Barker, have figured out who the guy was, and much more. Their reporting reveals a shadowy power structure that includes billionaires, tech geniuses and the most powerful finance companies in the world. Coming June 7th.  See omnystudio.com/listener for privacy information.

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