Pornhubs parent-company MindGeek can only be described as shady. [0] As a privately held company, they might also have problems raising the necessary funds for such a large expansion. And of course, there is still a pretty large stigma attached to pornography, so content creators might be a bit shy to associate with them.
[0] MindGeek operates under a complex structure of multiple companies in countries such as the British Virgin Islands, Canada, Curaçao, Cyprus, Germany, Ireland, Luxembourg, Mauritius, the Netherlands, the United Kingdom, and the United States.[60][8] Its structure has been described as mostly a way to avoid corporate tax by a de facto Canadian company;[8][3][61] with billing companies in Ireland,[62] subsidiaries in Curaçao and holding ones in Cyprus and Luxembourg, all countries that have been identified as tax havens or having lax tax regulations. Canada also has special tax treaties with Luxembourg, the legal headquarters of MindGeek, where a Canadian subsidiary is exempt from taxes paid on royalties to its Luxembourg parent.[8]
[0] MindGeek operates under a complex structure of multiple companies in countries such as the British Virgin Islands, Canada, Curaçao, Cyprus, Germany, Ireland, Luxembourg, Mauritius, the Netherlands, the United Kingdom, and the United States.[60][8] Its structure has been described as mostly a way to avoid corporate tax by a de facto Canadian company;[8][3][61] with billing companies in Ireland,[62] subsidiaries in Curaçao and holding ones in Cyprus and Luxembourg, all countries that have been identified as tax havens or having lax tax regulations. Canada also has special tax treaties with Luxembourg, the legal headquarters of MindGeek, where a Canadian subsidiary is exempt from taxes paid on royalties to its Luxembourg parent.[8]
https://en.wikipedia.org/wiki/MindGeek