Playboy to Cut More Jobs in Bid to Restructure
Playboy Enterprises is downsizing again as it continues its transition from a lifestyle and media business into a brand-management company. The company expects to save more than $3 million annually.
adult entertainment
Is Pole Dancing an Art Form? New York State Weighs In
A New York tax appeals court has decided that, as far as art goes, pole dancing does not qualify and therefore is subject to sales tax. First Amendment lawyers and strip club owners disagree.
Penthouse IPO Is Another Naked Gamble
FriendFinder Network, formerly known as Penthouse, needs money fast. The weight of hundreds of millions of dollars of debt has prompted it to turn to public capital markets. It%u2019s a desperate move -- in fact, the same move the company made a year ago under the same circumstances.
Even Porn Stars Get the Recession Blues
Porn DVD sales are off nearly 50% from their peak in 2006, when they hit nearly $4.3 billion. Reports from the annual Adult Entertainment Expo in Las Vegas confirm the industry is feeling the effects of the economic downturn.
Judge nixes mandatory condoms in porn flicks
The porn business is going to keep its elbow room. A petition by an AIDS advocacy group to require that adult film companies use condoms when shooting movies has been denied by a Los Angeles judge.
