NEW YORK (Reuters) - Adult entertainment publisher Playboy Enterprises Inc posted a quarterly loss on Tuesday because of weaker publishing and domestic television revenue and forecast more trouble during the year, pushing its shares down 8 percent.
The worse-than-expected results illustrate the trouble that Playboy and other publishers and television companies face as more people get their entertainment online, and often for free.
True, dat. You get a better grade of cheesecake, for free, from the Rantburg Defender-Scimitar & Times-Picayune every morning--without all the creepyness inherent in anything associated with Hugh Hefner. |