-
Playboy Incurs Loss Of $4.9M On Its Ethereum Holdings From NFT Collection
Friday, March 17, 2023 - 6:19am | 380Read More...PLBY Group (NASDAQ: PLBY), the parent company of Hugh Hefner's Playboy, reported an impairment loss of $4.9 million on its Ethereum (CRYPTO: ETH) holdings. What Happened: The company accepted Ethereum as payment for the “Rabbitars” non-fungible tokens, or NFTs, that were...
-
Playboy Reportedly In Talks For SPAC Merger Targeting Erectile Dysfunction Market
Wednesday, September 23, 2020 - 5:05pm | 576Read More...Playboy Enterprises, which launched in 1963 as a magazine business, is now more of a brand business given the downturn of print magazines. The company could be hitting public markets again via a special purpose acquisition company. What Happened: The New York Post reported Tuesday that Playboy...
-
The Impact Of Hugh Hefner On The Publishing World
Thursday, September 28, 2017 - 2:16pm | 559Read More...Hugh Hefner was either a cultural revolutionary or a male chauvinist. That’s a matter of debate. But less deniable is the “Playboy” founder’s legacy in the print industry, where he sparked and sustained fresh professional standards ━ beyond his famously lascivious content...
-
Playboy To Pay Record-Setting Sum In Whistleblower Suit
Friday, March 7, 2014 - 3:57pm | 402Read More...An historic ruling against the House that Hef Built. A federal jury in Los Angeles says Playboy Enterprises must pay the company's former controller $6 million as part of a wrongful termination lawsuit. The suit, filed in U.S. District Court in California, ruled in favor of Catherine Zulfer...
-
Confirmed: Playboy Coming To iPad
Wednesday, January 19, 2011 - 3:12pm | 166Read More...Ever since Hugh Hefner tweeted that his famed magazine will be coming to the iPad, the Internet has been flooded with questions. Most notably: how can Playboy (NYSE: PLA) pull this off when Steve Jobs is so vehemently against the idea of porn invading his products? This afternoon, Playboy confirmed...
-
Playboy Enterprises Rises 16.9% On Takeover News (PLA)
Monday, January 10, 2011 - 1:09pm | 245Read More...Shares of Playboy Enterprises, Inc. (NYSE: PLA) are trading up 16.9% at $6.08 per share during the Monday afternoon trading session. The stock surged after the company announced that founder Hugh Hefner planned to take the company private through a $6.15 per share offer from Icon Acquisition...
-
Another Quarterly Loss Expected from Playboy
Monday, November 8, 2010 - 1:22pm | 127Read More...Playboy Enterprises (NYSE: PLA), which received a buyout offer from Hugh Hefner last summer, is scheduled to discuss its third-quarter 2010 financial results Tuesday, November 9, in a conference call at 10:00 AM (ET). You can catch a live webcast of the call at the company's website. During the...
-
Parent Company of Penthouse Bids for Playboy (PLA)
Thursday, July 15, 2010 - 2:08pm | 137Read More...Shares of Playboy Enterprises (NYSE: PLC) are higher on the session by 1.27%, currently trading at $5.58. This comes after news that FriendFinder Networks Inc., the parent company of Penthouse, is making a $210 million bid for the company. FFN said that it believes its offer is in the best...






