Playboy Loses Over One Million

Allie @ Gone Hollywood | Sunday, February 24, 2008

Playboy magazine reports losses of $1.1 million.

Many critics believe Playboy has outlived its era and needs to say good bye. Others believe that all Hefner and Playboy need is an image and operations overhaul, and begin moving with the “New Media” industry.

Playboy Loses Over One Million - Photo - 1

First Playboy Cartoon Picture

Will many “traditional” publications soon die? Have advertisers moved with trends and abandoned print publications as a sole method to reach their audience? It’s already happening with the tabloids.

source: [market watch]