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 © 2026 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

Arcom Investigates Mym Over SREN Compliance

French media regulator Arcom is investigating creator platform Mym to determine whether the site may have violated age assurance rules and/or other requirements of France’s Security and Regulation of the Digital Space (SREN) law.

England, Wales to Enforce 'Extreme' Content Laws Starting Nov. 6

England and Wales will begin enforcing new laws criminalizing depictions of “non-fatal strangulation,” as well as sexual content in which adults portray underage characters, starting Nov. 6, the U.K. Ministry of Justice announced Friday.

Report: UK Film Classification Board to Monitor 'Extreme' Content Online

The U.K. government has tapped the British Board of Film Classification (BBFC) for a pilot program to monitor online pornography for illegal and “extreme” content, as it prepares to enforce new content restrictions, British media outlet Sky News is reporting.

New Federal Report Slams Debanking but Ignores Adult Industry

The Office of the Comptroller of the Currency (OCC) on Wednesday released a report on debanking activities at nine large national banks, but omitted any mention of the adult industry, despite previously identifying it as a sector facing banking discrimination.

EU Court Rejects Stripchat Challenge of Past VLOP Designation

The EU’s General Court on Wednesday ruled against Stripchat in a lawsuit seeking to annul a 2023 European Commission decision designating the site as a “very large online platform” (VLOP) under the Digital Services Act (DSA).

Aylo Case Against Utah VPN Rule on Hold Pending Legislative Changes

A federal court has paused Aylo’s suit over a Utah law making adult websites liable if minors bypass age verification by circumventing geolocation efforts, until the state legislature can meets to potentially amend the statute.

German High Court Puts Pornhub, YouPorn 'Network Ban' on Hold

A German high court on Friday temporarily barred a state media regulator from ordering internet providers to cut off access to Aylo-owned adult sites Pornhub and YouPorn in Germany, pending further action by Cypriot and European Union authorities.

Luxembourg Media Regulator Fines LiveJasmin for AV Noncompliance

The Luxembourg Independent Audiovisual Authority (ALIA) has levied a fine of 25,000 euros (approximately $28,000) against webcam platform LiveJasmin for failing to comply with provisions of the country’s Electronic Media Law.

AdultHTML Introduces Subscription Option for Website Owners

AdultHTML has added a subscription option for its web development service, allowing site owners to pay a monthly fee for access to developers and tools.

French Parliament Rejects Ban on Purchase of 'Remote' Sexual Services

The French National Assembly has backed off from a proposal to criminalize the purchase, and/or facilitation by online platforms, of sexual services performed remotely by streamers and custom content creators.

Show More