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Apple has begun removing sex apps from its app store.
Playboy Shocks World With Lower Losses -- and Magazine Profits
11:51AM 2/18/2010
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.
Bullish on the Bunny: Porn Titan Buying Playboy Shares
3:25PM 12/17/2009
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.
Things are so bad at Playboy (PLA), once one of the largest magazines in America by paid circulation, that the company is outsourcing a number of critical functions, including ad sales, to save money.
Several media outlets have reported that Playboy will enter into a five-year partnership with...
Daily Blogwatch: Five more media deals that should happen in 2010
8:20AM 11/18/2009
Company News, Technology, Columns, Economy, Investing, Media
Do art and stocks perform the same?
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Is 10% unemployment good or bad for the stock market?
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PaidContent has five media deals that could happen in 2010.
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Is Playboy selling itself? Company reportedly in talks with Iconix
4:45PM 11/12/2009
Playboy Enterprises's (PLA) shares soared more than 60% after Bloomberg News reported that the pioneering adult publisher was in talks to sell itself to Iconix Brand Group (ICON), the owner of Candie's and London Fog clothing brands. The news may sit well with investors now, but if it really...
The striking union of transit workers in Philadelphia are angry that they're not getting daily doses of Viagra. And amazingly, their bosses apparently caved on their demands after the union turned down a generous offer -- and threatened to embarrass the city during the World Series.
The...
Playboy Enterprises Inc. (PLA) is every adolescent boy's fantasy -- and every shareholder's nightmare. Shares of Hugh Hefner's media empire have plunged more than 66% over the past three years, as revenue from the company's flagship magazine plunged faster than its other properties, including...
Media World: Hugh Hefner is looking for a sugar daddy
11:45AM 5/22/2009
Hugh Hefner, America's favorite girl-chasing geezer, may sell the Playboy empire he built more than 50 years ago.
According to the New York Post, Playboy Enterprises Inc. (PLA) is being "quietly" shopped around to private equity firms for about $300 million. That's roughly three times the market...
Playboy fights declining revenue, irrelevance
12:45PM 5/12/2009
When he is not busy "entertaining" his newest girlfriends -- 19-year-old twins, I believe -- Playboy Enterprises Inc. (PLA) founder Hugh Hefner must be lamenting the state of the company he founded more than five decades ago.
Hef has done a lot in his 83 years, including making huge contributions...
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