It’s A Good Thing We Made It To The Playboy Mansion While Playboy’s Still Around
It’s looking like the Domainfest attendees, we were lucky to make it to the Playboy mansion while Playboy still around.
Playboy Enterprises Inc (PLA), posted a wider fourth-quarter loss, hurt by $157.2 million in restructuring and other one-time costs, as well as weaker-than-expected revenues today.
Playboy, which posted a net loss in each quarter of 2008, said it would be open to discussions about an outright sale of the company.
Playboy lost $145.7 million in the 4th quarter alone, 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.
Playboy’s shares are at $1.55 making the market cap just over $44 Million dollars or roughly 1/3 of the market cap of Marchex.
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I think they may opening the Mansion to more parties
Mike – You could probably trade them a % of your portfolio for the entire brand. What would you do with Hef though?
Elliot
Give him to you.
Yea I don’t feel bad for Playboy. He’s old enough and has enough money to live the rest of his life out very nice.
Larry Flynt should be all over this..
Give it a few month’s
WOW Playboy isnt even making money – Who said SEX sells?
Only joking – This is sad, I never thought we would hear of a company like playboy considering selling there company.
Lets hope this doesnt happen it just wouldnt be the same without HEF.
Regards,
Robbie