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Playboy Enterprises: Companies
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CHICAGO, April 16 /PRNewswire-FirstCall/ -- Playboy Enterprises, Inc. (PEI) today announced the addition of Tom Hagopian to its senior management team in the role of Division Executive Vice President, General Manager, Digital Media. Hagopian will be responsible for the day-to-day leadership, strategic development and management of the company's global online and mobile businesses. This position reports directly to Bob Meyers, Executive Vice President and President, Media and will be based in New York.
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CHICAGO, Jan 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- Playboy Enterprises, Inc. (PLA, Trade)(PLAA, Trade) will hold a conference call related to its fourth quarter 2007 earnings on Wednesday, February 13, 2008, at 11:00 a.m. Eastern. The company's fourth quarter 2007 earnings will be released prior to the market opening that morning.
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Playboy Enterprises, Inc. (NYSE: PLA)... organized as New Playboy, Inc. (NYSE: PLAA), is the company founded by Hugh Hefner to manage the Playboy magazine empire. It was created in 1953 as the HMH Publishing Co., Inc. for the purpose of publishing the Playboy Magazine. The business quickly expanded beyond the magazine and began to develop and distribute a wider range of adult entertainment. It eventually went public under the current name in 1971. Christie Hefner, the daughter of Hugh Hefner, has been the President of PEI since 1982, and Chairman of the Board and Chief Executive Officer for Playboy Enterprises since 1988.
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Playboy Enterprises is an adult media and licensing company that has been crafting the lifestyle vision of the American male since 1953, when Hugh Hefner published the first magazine. As close to a family business as a publicly-traded company can get, Playboy is run by Christie Hefner; her father, the founder, is Chief Creative Officer. The company is now a multi-million dollar, international phenomenon; with television, radio, nightclubs, and resorts, the company is known across the world for its sexy, progressive portrayal of the American dream. To most people Playboy means one thing: sex. Playboy's history, public image, and product line are synonymous with sex and porn; its products reflect this image, an image that subjects the company to some unique forces that few other companies face.
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Playboy Enterprises, Inc. (Playboy) is an international multimedia entertainment company. The Company's programming and content are available worldwide on television and online via a network of Websites. Playboy's Entertainment Group operations include the production and marketing of television programming for its United States and international television networks, Web-based entertainment experiences, wireless content distribution, e-commerce, worldwide digital versatile disc (DVD) products, satellite radio and online gaming under the Playboy, Spice and other brand names. The Publishing Group operations include the publication of Playboy magazine, as well as other publishing businesses in the United States. The Licensing Group includes the licensing of consumer products carrying one or more of the Company's trademarks and/or images, Playboy-branded retail stores and location-based entertainment destinations. In June 2006, Playboy acquired Club Jenna Inc.
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One of the bright spots in the Playboy empire was the re-creation of the entertainment division. The company had formed a Playboy Channel during the early 1980s in order to take advantage of the burgeoning cable television market. With television subscribers decreasing from a high of 750,000 in 1985 to 430,000 by 1989, Christie and her staff decided to replace the Playboy Channel with a pay-per-view service named Playboy At Night. With soft core movies and Playmate videos, the new cable operation gained access into over 4 million homes and suddenly became the third largest pay-per-view service in the United States. At the same time, the company started putting more money into producing videos, and by the end of the decade Playboy was ranked the third largest nontheatrical distributor of videos, just behind Walt Disney and Jane Fonda. The "For Couples Only" collection, including the highly regarded couples oriented massage video, was one of Playboy's best selling series of videos.
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