Mastercard Suspends Products Acceptance for Pornhub Parent Company's Ad Arm
05 August 2022 - 4:02AM
Dow Jones News
By Denny Jacob
Mastercard Inc. said Thursday it is directing financial
institutions to suspend acceptance of its products at TrafficJunky,
Pornhub parent company MindGeek's advertising arm.
The credit-card issuer said new facts from a court ruling last
Friday made the company "aware of advertising revenue outside of
our view that appears to provide Pornhub with indirect funding."
The company said the step will enforce its December 2020 decision
to terminate the use of its product on that site.
Competitor Visa Inc. on Thursday also suspended its acceptance
privileges for TrafficJunky until further notice based on a recent
court ruling in a case involving the company and MindGeek.
Both companies' connection to Pornhub gained attention following
an article in the New York Times in December 2020. The issue was
brought up again on Tuesday after billionaire investor William
Ackman said on CNBC that Visa has the power to pressure Pornhub to
remove child pornography from its site. The Pershing Square CEO
also said he offered to help finance lawsuits philanthropically
against Visa.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
August 04, 2022 13:47 ET (17:47 GMT)
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