Even Playboy Struggles Through 2008
August 7th, 2008
Playboy Enterprises reported $151.9 million in revenue for the first half of 2008, down about 11 percent from 2007. Playboy attributes the company-wide losses to “continued pressure on the media businesses as well as the recent sale of assets and outsourcing of operations.” Lower circulation and advertising revenues from the domestic edition of Playboy account for the losses in the publishing division, the company said. Folio (August 6, 2008)
Tags: 2008, circulation, enterprises, Playboy, revenue