Ellise Shafer administratorLarry Flynt, the controversial founder of Hustler magazine and president of Larry Flynt publications, has died. He was 78.His brother Jimmy Flynt confirmed his death on Wednesday in Los Angeles to the Washington Post.Flynt was a notable figure in the porn industry for nearly 50 years, launching Hustler magazine in 1974 and later expanding to three television channels known as Hustler TV.