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Playboy Enterprises Inc

August 7, 2003 | From Bloomberg News
Playboy Enterprises Inc. said its second-quarter loss narrowed to $905,000, or 4 cents a share, from $3.1 million, or 12 cents, a year earlier. Sales rose 7.7% to $76 million. Circulation revenue for the flagship magazine rose more than 10% under the direction of new editorial director James Kaminsky, who went to Playboy in September from Maxim. Shares of Playboy fell 33 cents to $13.15 on the NYSE
May 8, 2003 | From Bloomberg News
Playboy Enterprises Inc. earned $632,000 in the first quarter after 16 straight losses, a boost attributed to higher sales of sexually oriented material on the Web. Net income was 2 cents a share, compared with a net loss of 38 cents, or $9.4 million, a year ago, Chicago-based Playboy said in a statement. Sales rose 12% to $74.3 million. Playboy shares rose $1.48, or 15%, to $11.43 on the NYSE. Separately, Midway Games Inc.
December 17, 2002 | MARY McNAMARA
It's the difference between a Kia and a Mercedes, between veal Milanese and a double cheeseburger, between a posh apartment building and a rivet and hardware supplier. This summer, Playboy Enterprises abandoned its longtime Beverly Hills offices for space in the new Media Center in Glassell Park.
November 8, 2002
posted a third-quarter loss much narrower than analysts' estimates, amid cost-cutting efforts and improved online sales. The Chicago-based company said its third-quarter net loss came to $639,000, or a penny a share, compared with a net loss of $2.1 million, or 9 cents, a year ago. Revenue dropped 7.9% to $67.4 million.
December 4, 2001 | Reuters
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.
October 12, 2001 | Reuters
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.
August 30, 2001 | Bloomberg News
Playboy Enterprises Inc.'s Inc. Internet unit said it started to take bets on electronic roulette, blackjack and other casino games. The Web site will be managed by Ladbrokes EGaming Ltd., the online gambling unit of British hotel operator Hilton Group, said. Ladbrokes also manages, which takes bets on sports. The publisher of Playboy magazine also owns, for wagering on horse racing.
August 16, 2001 | Reuters
Playboy Enterprises Inc. and Threshold Entertainment, producer of the "Mortal Kombat" action movies, teamed up Wednesday to make mainstream feature films that extend the Playboy brand into a new arena. The venture will focus on romantic comedy films budgeted at about $25 million and aimed at men and women who aspire to copy the lifestyle Hugh Hefner has epitomized since founding Playboy magazine in 1953.
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