Lightspeed’s Steve Jones Profiled in Wall Street Journal

GLENDALE, Ariz. — Steve Jones, who gravitated to the online adult industry at the turn of the century and then catapulted to fortune after launching Lightspeed University, was featured in the Wall Street Journal on Thursday.

The article paints Jones as a ubiquitous player in the branding of adult sites, of which he owns 30. His Glendale, Ariz., company, Lightspeed Media Corp. maintains the sites with 15 employees and has revenue of $5 million.

Jones, who adopted the trade name of Steve Lightspeed from chatroom conversations and has been an avid viewer of online adult since its beginnings, told the Journal that his company nets $1 million. He would not disclose his personal income.

Jones also told the Journal that despite his larger-than-life presence at adult trade shows — usually with a baseball jersey emblazoned with "Lightspeed" — he keeps a low profile in his private life.

"I don't have a jet," he said. "I don't have a yacht. I have a nice house. I tell everybody, 'I work for a living.' I don't drive a $100,000 car. I drive an old, beat-up minivan."

The 39-year-old married father of two launched his first subscription site, called Lightspeed University, in 1999. By 2000, the site generated enough income that Jones was able to shut down a consulting business after another stint at a software firm.

"He went quickly to the top in an industry where that doesn't happen often," attorney Lawrence G. Walters told the Journal.

Jones said his profession is an honorable one, despite the constant criticism Lightspeed Media receives from the use of younger-looking adult models. The company has long used terms such as "barely legal" and "barely 18" in its marketing.

“The problem is public perception," he said. "There's so much misconception about what we do. Everyone thinks we're all involved in every dirty piece of the business. It's really not like that."

Jones’ company is expanding its offerings, the Journal said, with a move into DVD sales.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Pre-Nominations Now Open for 2026 TEAs

The pre-nomination period for the 2026 Trans Erotica Awards (TEAs) is now open.

FSC Releases Updated Age-Verification Toolkit

The Free Speech Coalition (FSC) has announced the release of its updated age verification toolkit.

Duke Tax Joins Pineapple Support as Supporter-Level Sponsor

Duke Tax has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

UK Moving Ahead with Plan to Outlaw 'Choking' Content

The U.K. government has announced its intent to follow through on criminalizing “choking” content, a plan that was announced earlier this year.

Italy to Require Age Verification for Adult Sites

Italian media regulator AGCOM has announced that all sites and platforms hosting adult content will be required to implement age verification systems starting Nov. 12 to prevent access by users under 18.

'MILFlicious' Launches Through YourPaysitePartner

MILFlicious.com has officially launched through YourPaysitePartner (YPP).

Op-Ed: The Guardian's XBIZ Amsterdam Podcast Dismisses Creators' Experiences

British newspaper The Guardian’s podcast coverage of XBIZ Amsterdam 2025 purports to investigate the power dynamics of today’s online adult industry. Instead, it ignores creators’ voices, airs tired and outdated preconceptions about the business, and rehashes the unsupported claims of anti-pornography crusaders.

Eva Maxim, BranditScan Launch 'Killer' Promo

Eva Maxim and BranditScan have partnered for the Killer Creator Giveaway promotion.

2026 XBIZ Exec Awards Nominees for Online Industry Announced

XBIZ is pleased to announce the nominees for the online industry edition of the 2026 XBIZ Exec Awards, set to be presented as part of the annual XBIZ Honors ceremony on Wednesday, Jan. 14 in conjunction with the XBIZ 2026 digital media conference.

AEBN Publishes Report on POV Trends

AEBN has published a report on POV and gonzo categories from its straight and gay theaters.

Show More