February 1, 1989 |
It wasn't much of a contest when international financiers and economists were given the choice of hearing Gov. George Deukmejian talk about "The Nation State of California" or Playboy's Christie Hefner discuss "Leisure Life in the Nineties." The Playboy Bunny outdrew the Bear Flag by more than 2 to 1. But Deukmejian and his entourage later recouped at a reception featuring perhaps the best draw of all: California wines.
August 29, 1986 |
In her keynote speech before a huge Video Software Dealers' Convention audience at Bally's Grand, Christie Hefner, president and chief operating officer of Playboy Enterprises, attacked the recent Meese Commission Report on Obscenity, charging that it's full of inaccuracies and questionable conclusions. Later in her suite at the hotel, she discussed the perils of being outspoken. "Playboy is a target," Hefner lamented.
August 25, 1986 |
Playboy Art Director Tom Staebler thumbed galley proofs of his magazine--past Miss November and a feature on men's skin-care products--and mused over recent problems caused by the religious right. In little more than a year, fundamentalists have persuaded an estimated 17,000 stores to drop Playboy and rival Penthouse from their magazine racks. In part because of that loss, Playboy cut ad rates by 17% in July and announced the loss of close to 700,000 in circulation.
December 4, 2001 |
Playboy Enterprises Inc. said it expects 2002 earnings before interest, taxes, depreciation and amortization will jump 70% to about $60 million from about $35 million this year. Playboy Chief Executive Christie Hefner said the company expects each of its businesses to report improved results next year, with the largest contributors being its entertainment and online units. Playboy shares closed up 20 cents to $14.85 on the New York Stock Exchange.
August 4, 2011 |
Playboy founder Hugh Hefner's son-in-law has been accused by the Securities and Exchange Commission of using inside information to gain profits and avoid losses totaling more than $100,000 in trades of Playboy stock. In a lawsuit filed Wednesday in federal court in Illinois, the SEC said that William Marovitz sold shares of Playboy from 2004 to 2009 ahead of public announcements related to Iconix Brand Group Inc.'s potential acquisition of Playboy and Playboy's negative earnings announcements.
October 12, 2001 |
Playboy Enterprises Inc. said it is cutting 90 jobs, half at Playboy Online, as one of several steps to ensure profitability in 2002 and save about $8 million to $10 million a year. Playboy expects to report a restructuring charge, the bulk of it in the fourth quarter of 2001, for the measures. "Playboy is less vulnerable to the economic slowdown because only 10% of our revenue is derived from advertising.
September 21, 1993
Spotlight on Playboy Enterprises Inc.: Although fiscal 1993 profit fell 79.9%, mostly due to accounting charges and lower tax benefits, revenue increased 10.9% as the company prepared to enter the interactive multimedia market. Said Chief Executive Christie Hefner: "The convergence of television, computer and telephone technologies will create new formats for our libraries of 800 hours of original video programming, 8 million photographs, hundreds of interviews and original art."