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.
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