Monday, October 31, 2011

Catholic Church generating astronomical profits from Pornography in Germany

GERMANY - One of Germany's largest publishing companies, Weltbild, has more than 2,500 erotic novels in its online catalogue - interestingly enough, it owned by no one other than the German Catholic Church. Yes, the Vatican owns 100% of Weltbild, which generates profits similar to Amazon.com
German newspaper Die Welt, has published that the Catholic church for over 30 years. Some catholics complained of this and the climax of this opposition resulted in 2008, when a 70-page report on the book sales was sent to the catholic bishops.
Die Welt reports that the situation came to light after a report this month mentioned the erotica distributed by Weltbild, which generates overf €1.7 billion ($2.4 billion) annually and has a 20 percent market share when it comes to selling books. That makes it the second largest online retailer of books behind Amazon.
But the Vatican's profits from pornography does not end there.
The global corporation known as the "Catholic church" also owns a 50 percent stake in publishing company Droemer Knaur, which also produces pornographic books.