Playboy Enterprises Inc, which publishes the world's most widely read adult entertainment magazine, will stop making DVDs to save about $12 million a year, and focus on distributing its content online, the company said in a regulatory filing.
Love him or hate him, Hugh Hefner provides the ultimate example of successful branding.
* Flanders CEO of publisher of Orange County Register * Formerly ran Columbia House mail-order music merchant * Playboy shares fall 10.81 percent to close at $2.97 (New throughout) NEW YORK, June 1 - Playboy...
*Q1 net loss of 41 cts share *Q1 rev of $61.6 million down 22 percent *Shares fell 3 percent before recovering (Adds CEO comments) NEW YORK, May 11, - Playboy Enterprises Inc , publisher of...
NEW YORK, Jan 22 - Playboy Enterprises Inc plans to cut jobs, consolidate online and print operations and take a writedown as the adult entertainment magazine struggles with a declining audience in a poor economy....
* Q2 loss 26 cts/shr vs Wall Street view loss 23 cts/shr * Q2 revenue $62.2 mln vs Wall Street view $65.7 mln * operating segment profit up on cost-cutting * sees 47 pct drop...