Highlights

Playboy Enterprises describes itself as an international multimedia entertainment company. It publishes editions of Playboy magazine around the world, operates television networks and licenses the Playboy trademark on a range of consumer products and services. Launched as a public company in the early 1970s, Playboy almost went out of business when British regulators ordered a halt to the casinos and betting parlors in the United Kingdom that accounted for three-fourths of its operating profits. At the same time, gambling regulators refused to license a Playboy casino under construction in Atlantic City, N.J. In 1981, Playboy earned $14 million on sales of $389 million. A year later, without...
Playboy Enterprises describes itself as an international multimedia entertainment company. It publishes editions of Playboy magazine around the world, operates television networks and licenses the Playboy trademark on a range of consumer products and services. Launched as a public company in the early 1970s, Playboy almost went out of business when British regulators ordered a halt to the casinos and betting parlors in the United Kingdom that accounted for three-fourths of its operating profits. At the same time, gambling regulators refused to license a Playboy casino under construction in Atlantic City, N.J. In 1981, Playboy earned $14 million on sales of $389 million. A year later, without gambling, it lost $52 million on just $210 million in revenues. Founder Hugh Hefner appointed his daughter, Christie, as Playboy president. And in the following years, she would persuade her father to dump many company holdings, including its network of Playboy clubs. In 1987, Playboy made a profit, with $30 million in cash on hand and virtually no debt. The next year, Christie Hefner took over as chairman and chief executive officer. Her father remained chairman emeritus and editor-in-chief of the magazine. In recent years, the company has pushed into hardcore porn on pay TV and the Internet, as well as licensing deals that include the 2006 re-launch of Playboy Clubs at the Palms Casino Hotel of Las Vegas.
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A roundup of provocative newspaper punditry from around the globe
The Washington Post lit a fire under Republicans with an op-ed Friday by Brookings Institution senior fellow Thomas E. Mann and American Enterprise Institute scholar Norman J. Ornstein titled "Let's just say it: The Republicans are the problem." The gist:...
Tags: Republican Party, Economy, Business and Finance, Medical Research, Cancer, Politics
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United Talent Agency leases former Hilton Hotels headquarters
Money & CompanyUnited Talent Agency has agreed to move its headquarters into the former Hilton Hotels headquarters near Beverly Hills City Hall in one of the region’s biggest office leases this year.... -
Hugh Hefner's son-in-law accused of insider trading [Updated]
Money & CompanyPlayboy founder Hugh Hefner's son-in-law has been accused by the Securities and Exchange Commission of using inside information to gain profits and avoid losses totaling more than $100,000 in trades of Playboy stock. In a lawsuit filed Wednesday in... -
Consumer Confidential: Playboy going private, U.S. goes to China, workers go job hunting
Money & CompanyHere's your move-it-move-it Monday roundup of consumer news from around the Web: --The publisher of Playboy says it has agreed to a sweetened offer by founder Hugh Hefner to take the company private. The price of $6.15 a share is...... -
Hefner puts Playboy stock out of its misery
Money & CompanyPlayboy Enterprises Inc.'s 39 years as a public firm, which will come to an end with its buyout deal announced Monday, turned out to be the embodiment of that old line about how to become a millionaire in the stock...... -
Consumer Confidential: Playboy in play, low credit scores, steady gas prices
Money & CompanyHere's your mournfully Monday roundup of consumer news from around the Web: --You're never too old to be a player: Hugh Hefner says he's willing to pony up about $122 million to buy the shares of Playboy Enterprises that he...... -
The Morning Fix: Warner Bros.' big bet on 'Inception.' Stars are falling! Hugh Hefner wants some privacy. RIP George Steinbrenner, who changed TV and sports
Company TownAfter the coffee. Before figuring out how to sneak out for the All-Star game. No sequels? No toys? What are they thinking? Remember when Hollywood movie making was about gambles and creativity. You don't? Oh, well it once was and...... -
Hugh Hefner's home next to Playboy mansion for sale for $27,995,000
OK, no more proverbial pressing your nose up against the gates hoping to catch a glimpse of what goes on at the Playboy mansion. Now you can live right next door and spy from the comforts of your own home.
Hugh Hefner and wife Kimberley have listed their...Tags: Clubs and Associations, Steven Spielberg, Indiana Jones and the Kingdom of the Crystal Skull (movie), R. Kelly, Hugh Hefner
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Playboy Mexico's 'Naked Mary' cover
Playboy magazine has been offending sensibilities since it began publishing in 1953, and ordinarily its stunts to attract readers are not worth noting. But the cover of the December issue of Playboy Mexico, featuring a semi-nude model presumably...Tags: Mexico City, Mexico, Newspaper and Magazine, Religious Events, Cults and Sects
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Letters to the editor
Words of farewell Re “Studs Terkel, 1912-2008,” Obituary, Nov. 1 I first met Studs Terkel when I became senior vice president at Playboy Enterprises and started spending a lot of time in Chicago. He was easygoing and acerbic, witty and...Tags: Civil Rights, African Americans, Minority Groups, Judaism, Islam
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Playboy's newest cover girl: Marge Simpson?
California ConsumerPlayboy has had brunets, blonds and redheads grace the cover of its monthly magazine. Now it's going blue. For the first time, Playboy is using a cartoon character, Springfield's own Marge Simpson, as its cover girl. The November issue will...... -
Playboy said to be in takeover talks
Money & CompanyShares of Playboy Enterprises Inc. have surged today on a report that the company might sell itself. The publisher’s Class B stock was up 79 cents, or 28%, to $3.65 about 11:15 a.m. PST, after Bloomberg News said brand-licensing firm......
Apr 30, 2012
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Dec 21, 2008
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Nov 12, 2009
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