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Playboy owners 'to put magazine up for sale'
Having taken the radical step of abandoning nudity and then putting its legendary mansion up for sale, the owners of Playboy are now ready for the last step - selling off the magazine that was once a by-word for cerebral eroticism.
Playboy Enterprises Inc, the publication?s owners, have reportedly engaged an investment bank, Moelis & Company, to look into the sale of the entire company?s assets - a transaction that could be worth $500 million (£354 million). The move, follows the marketing in January of the Playboy mansion, a six-acre property in Los Angeles? exclusive Beverly Hill neighbourhood long famous for its parties thrown by Hugh Hefner, the magazine?s octogenarian founder. Playboy owners 'to put magazine up for sale' - Telegraph |
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You are a few days late on this skippy...
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They destroy the only thing of value about the brand, & then sell it. what enterprising leadership. :1orglaugh
a sad ending for a once great franchise. :( |
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This could all be a gimmick, as magazine sales will rise with expectation of owning the last magazines published by Playboy :2 cents: |
Just piss poor management..
Sold the pay tv channel, moved the radio station from Sirius, I can go on and on. RIP |
Hopefully everything works out for the best
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Old School PB > Maxim / FHM / Other crap in this category |
I purchased the issue of playboy in the month they said no more nudes going forward. Still in original packaging somewhere.
Will it make me some coin in a few years? |
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