Playboy Enterprises executives are considering putting the company on the market for a price around $500 million, a report revealed Thursday.
The company founded by Hugh Hefner in 1953 and made famous for its nude pinup photos of bombshell “Playboy bunnies” and "Playmates" may be on the selling block soon, according to The Wall Street Journal.
Hefner’s famous five-acre Playboy Mansion near Los Angeles itself went up for sale in January with an asking price of $200 million. The magazine recently stopped publishing any naked pictures of women.
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6 comments:
Only an idiot would buy it now. Thousands have cancelled their subscriptions due to their decision to eliminate nude women from their magazine. I work at a book store and we are repacking unsold issues to send back due to no one buying them. This never happened before.
They are past there time. Not worth 5 million.
The highly intelligent among us only read the articles anyway.Everyone else ogled over photos of women they would never meet.Why would anyone ogle over women they could never meet in real life? Beats me.
Playboy was known the world over as the Men's magazine that showcased beautiful women, and cutting edge interviews. Now it is just another news magazine, not even worth the paper it is printed on.
Every American boy grew up on those photo's of women, now they use the internet, so the days of this magazine are over.
With the Playboy clubs closed, casino's, stocks bought back, and now the photography branch gone, it is just a matter of time before there is a bankrupt sale. No one will buy a losing company. Sad that this American Icon is another victim of Obama's destruction of our country..
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