Playboy confronting naked truth about future

[IDemo]

In light of lousy quarter, considers possible sale, changes to magazine

Reuters - updated 1 hour, 1 minute ago

NEW YORK - Playboy Enterprises Inc, publisher of one of the world's best known adult magazines, posted a wider fourth-quarter loss, hurt by $157.2 million in restructuring and other one-time costs, as well as weaker-than-expected revenue.

The company, which posted a net loss in each quarter of 2008, also said it would be open to discussions about an outright sale of the company, or changes in the strategic direction of the flagship Playboy Magazine.

Net loss for Playboy, which in recent months has seen a management shake-up including the resignation in December of longtime Chief Executive Christie Hefner, was $145.7 million, or $4.37 per share. This compares with a loss of $1.1 million, or 3 cents a share, in the year-ago period.

Revenue declined to $69.8 million from $85.9 million, due in part to the sale of its television studio assets.

http://www.msnbc.msn.com/id/29261103/

Back to National Geographic....

[county worker]

1. I guess in hard times there's less interest in the crotches of bimbos and bimbets.

Of course when I was younger I got Playboy for all the good articles!

[The Velveteen Ocelot]

2. You can get yer porn free on the Internets. Who needs cheesy old Playboy?

[Uzybone]

8. Exactly

[ProgressiveProfessor]

21. For the articles?

And yes I know that was the old joke about it

[underpants]

3. They don't shoot the crotches

and that is the problem

too many availablities for skin available elsewhere

[smoogatz]

4. Hardly.

We live in the age of abundant--even ubiquitous--free internet porn. Playboy is quaint in comparison--it's a wonder it's lasted this long.

[Greyskye]

6. In the past, perusal of Playboy *lead* to hard times.

Wasn't that their business model?


:evilgrin:

[THUNDER HANDS]

12. in Soviet Russia, porn watches YOU!

[JVS]

20. In Soviet Russia, off jerks you!

[IDemo]

13. Only in spurts

[Arugula Latte]

14. Ay -- There's the rub.

:yoiks:

[Greyskye]

15. All signs point to softening economic indicators

How embarrassing for them.

[Raine]

9. Not that but it's all free on the internet

and IMO Playboy is too "classy" and artistic for today's world.

[Lost in CT]

16. Actually is was non-porn mens magazines such as Maxim that gutted much

of Playboys readership.

They simply were unable to compete.

[SoCalDem]

5. When Playboy started, it was the only one of its kind, and in repressed USA of the '50s

perhaps guys "needed" it, but these days, if a guy wants to see naked women, he doesn;t need a cheesy magazine ..:)

[Fla_Democrat]

18. Right, he just goes to the beach

Thank You, Wicked Weasel :wow: :wow: :wow:

:hide:

[leftofthedial]

7. I just can't afford cleavage

or staples

[THUNDER HANDS]

10. the only way Playboy can survive as a company

is to have mega celebrities posing nude - singers, actresses, ect.

Just having regular girls isn't going to cut it, not when you can google everything you could possibly want.

[Mist]

11. Does Playboy deserve to be called "cheezy"? I thought they were supposed to

have decent production values.

As to declining sales, well, duh, money has to be spent on necessities now.

[Cleita]

17. I guess no one is interested any more except thirteen-year-old boys.

There is so much nudity in the MS, girlie magazines have lost their appeal.

[JVS]

19. They gotta show some penetration if they want to survive. In fact, they should seek out really...

FUCKED UP SHIT!