Whatever difficulties his magazine business may face, Hugh Hefner, at 83, is dating women who could be his great grandchildren, and still very much enjoying his life, which he says is “even better, richer than people know.”
The longtime ceo and daughter of Playboy’s founder, Hugh Hefner, has resigned her position atop Playboy Enterprises to pursue other interests. Chicago Tribune (Dec. 8, 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 [...]
Mygazines.com, a Web site that enables users to “share” magazines with each other online, launched yesterday. The contains current issues of magazines such as People, Playboy, Dwell, Domino, Allure, Spin, Smithsonian, Popular Science, Martha Stewart Living, New York, Men’s Journal and Esquire. Many people in the magazine industry are not happy about this site, calling [...]
Penthouse Media will offer $250 million worth of stock. The company plans to use the proceeds to pay down debt and compete more effectively with Playboy. Folio: (Mar. 6, 2008)
As the company aggressively expands its mobile content offerings, Playboy Enterprises reveals a willingess to experiment and take some risks. One of them: models with their clothes on. The brand’s Miss Playboy Mobile 2008 contest invites women 18 and over to submit clothed photos and bios by the middle of March. The company hopes the clothes-on [...]