On the internet, people don't get porn videos directly from pornographic web sites, just as in the past they didn't buy porn directly from the publishers. The videos are split up into packets, and transmitted through an ad hoc chain of servers until it arrives, via their ISP, on their computer. The web sites are the equivalent of the publishers, and ISPs are the equivalent of the shops. So it would make a lot more sense to apply controls at the ISPs. And British ISPs are within the UK's jurisdiction.
And before anyone points out that there are workarounds that children could use to bypass controls, this was also the case with printed magazines.