Hugh Hefner

Insider Trading at Playboy: The Case Against Christie Hefner's Husband Revealed

Christie Hefner, daughter of Hugh Hefner, was in control of Playboy Enterprises for two decades as its CEO. What she wasn't in control of was her husband, William Marovitz, who was secretly trading Playboy stock based on inside information. A new report by Bloomberg reveals the details of his transgressions for the first time.

Dozens Sickened at Playboy Mansion Fundraiser

A fundraiser at Los Angeles' Playboy Mansion earlier this month may have caused dozens of attendees to become ill with flu-like symptoms, respiratory problems and pneumonia, the Los Angeles Times reported Monday, citing Los Angeles public health officials.

M&A Mania: Early 2011 Deals Already Hit a 10-Year High

Companies such as Duke Energy and DuPont are off and running with megamergers early this year. Even Playboy is among the dealers. And market pros say the trend is far from over. Why are so many U.S. companies tying the knot? Fast growth is hard to come by in any other strategy.

Playboy Going Private in Hefner-Backed Buyout

For more than a year, adult entertainment company Playboy Enterprises has been looking for someone to save it, but in the end, its savior came from within. Last July, founder Hugh Hefner offered to take Playboy private, and Monday, the company finally announced that it has agreed to his offer.

Playboy Posts a Loss, Still Mulling Hefner's Bid

Playboy Enterprises Group, which founder and major shareholder Hugh Hefner wants to take private, today reported that its second-quarter loss eased compared to the year-ago period as gains in its licensing business offset declines in publishing.

Being the Brand: CEOs as Corporate Icons

Colonel Sanders pulled it off, and so has Steve Jobs. Yet few companies allow one individual to represent their brand. Why not? The risks are large, and, well, few CEOs are actually good at it.

With Playboy in Play, How High Will the Bids Go?

Hugh Hefner's offer to buy all of Playboy Enterprises and take it private may look like a slam-dunk because he already owns so much of it. Not so. Some big shareholders say it's a low-ball bid, and already FriendFinder has made a higher offer.

The Shape of a FriendFinder-Playboy Hook-Up

Playboy has missed the Internet revolution, resulting in a dismal performance for shareholders. Web adult entertainment network and Penthouse owner FriendFinder wants to buy the company for at least $210 million -- a chance for Playboy to get online assets.

Legal Briefing: Court Gives the OK for 'Indecency' on TV

When the FCC decided in 2004 to start fining broadcasters over the use of fleeting expletives, the agency became a caricature of a state censor. Now, the Second Circuit has ruled that the 'indecency' policy was unconstitutionally vague. So what's next for dirty words?

Playboy Going Private: What Took Hugh Hefner So Long?

Taking Playboy Enterprises private could put the company and its valuable brand back on a path to growth while allowing Hefner to select his successor. Says one analyst: "There's really no upside to being public for them."

Hugh Hefner Offers to Take Playboy Private

Playboy Enterprises (PLA, PLA.A) shares are soaring some 34% in premarket trading after the company announced that its has received a proposal from Hugh M. Hefner to acquire all of the outstanding shares of Class A and Class B common stock of PEI not currently owned by Hefner for $5.50 per share in cash. PLA closed at $3.94 Friday.

Playboy Shocker! Limited Loss, and Profits for Mag

Playboy Enterprises is showing signs of life -- which, in this market, means it's losing less blood than usual. And for once, it's the company's flagship Playboy magazine that's really raising eyebrows: It actually managed to turn a profit last quarter, thanks to a guest appearance from Marge Simpson.

Porn Titan Buying Playboy Shares

Playboy Enterprises Inc. (PLA), whose shares tanked Wednesday after a planned sale of the adult media empire collapsed, has one of porn's biggest executives in its corner. Bill Asher, the co-chief executive of the world's largest adult video producer, Vivid Entertainment Group, tells DailyFinance that he now owns 1 million shares of the company of the company Hugh Hefner founded more than 50 years ago.

The Deal to Save Playboy Collapses

Time may be running out for Playboy Enterprises. A deal has fallen apart to sell the publisher of the iconic men's magazine to Iconix Brand Group, owner of London Fog and Danskin. Iconix determined that "it would be too complicated to separate the Playboy brand from the company's other assets."