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Playboy Incurs Loss Of $4.9M On Its Ethereum Holdings From NFT Collection
Friday, March 17, 2023 - 6:19am | 380PLBY Group (NASDAQ: PLBY), the parent company of Hugh Hefner's Playboy, reported an impairment loss of $4.9 million on its Ethereum (CRYPTO: ETH) holdings. What Happened: The company accepted Ethereum as payment for the “Rabbitars” non-fungible tokens, or NFTs, that were...
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NORML's Updated Publication On CBD & Medical Cannabis Benefits Now Available On Amazon's Kindle
Tuesday, November 2, 2021 - 11:28am | 388The National Organization for the Reform of Marijuana Laws, better known as NORML announced on Tuesday that its newly updated and revised publication, Clinical Applications for Cannabis & Cannabinoids: A Review of the Recent Scientific Literature, 2000 — 2021, is now...
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Playboy Reportedly In Talks For SPAC Merger Targeting Erectile Dysfunction Market
Wednesday, September 23, 2020 - 5:05pm | 576Playboy Enterprises, which launched in 1963 as a magazine business, is now more of a brand business given the downturn of print magazines. The company could be hitting public markets again via a special purpose acquisition company. What Happened: The New York Post reported Tuesday that Playboy...
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The Impact Of Hugh Hefner On The Publishing World
Thursday, September 28, 2017 - 2:16pm | 559Hugh Hefner was either a cultural revolutionary or a male chauvinist. That’s a matter of debate. But less deniable is the “Playboy” founder’s legacy in the print industry, where he sparked and sustained fresh professional standards ━ beyond his famously lascivious content...
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BZ's Top Picks: Rio Olympic's ETF Impact, Trump's Economy And Bud Fox's Troll Job
Sunday, August 14, 2016 - 11:23am | 409Did you miss anything on Benzinga this week? Don't worry! Here are some of the news desk's favorite stories from the past seven days. POLITICO compiled a collection of everything Republican presidential nominee Donald Trump has said about his potential presidency in his first 100...
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Playboy Coming To Amazon: Hugh Hefner Docu-Series To Debut In 2017
Thursday, August 11, 2016 - 3:57pm | 278As the online video content battle intensifies, Amazon.com, Inc. (NASDAQ: AMZN) has decided to place a bet on Playboy’s Hugh Hefner. The company announced it had green-lit the Amazon Original Series "American Playboy: The Hugh Hefner Story." This 13-episode docu-series will look...
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Richard Branson Shocks Chicago Crowd: Smoke Weed With Your Kids
Friday, July 29, 2016 - 2:29pm | 386Cool cat and billionaire Sir Richard Branson surprised an audience of entrepreneurs in a convention held in Chicago this week when he recommended parents smoke pot with their kids. “If they're going to have a joint, do it with them,” the 66-year-old father of two said on stage...
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Playboy To Pay Record-Setting Sum In Whistleblower Suit
Friday, March 7, 2014 - 3:57pm | 402An historic ruling against the House that Hef Built. A federal jury in Los Angeles says Playboy Enterprises must pay the company's former controller $6 million as part of a wrongful termination lawsuit. The suit, filed in U.S. District Court in California, ruled in favor of Catherine Zulfer...
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Holly Madison Buys Breast Insurance
Friday, September 30, 2011 - 11:59am | 382When someone buys a boat, we can infer a few things. One, they've made a good deal of money. Two, they don't mind investing money in fun things that float. And three, they probably bought expensive insurance to protect against the loss of that floating boating asset. Similarly, Ex-Playboy model...
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Confirmed: Playboy Coming To iPad
Wednesday, January 19, 2011 - 3:12pm | 166Ever since Hugh Hefner tweeted that his famed magazine will be coming to the iPad, the Internet has been flooded with questions. Most notably: how can Playboy (NYSE: PLA) pull this off when Steve Jobs is so vehemently against the idea of porn invading his products? This afternoon, Playboy confirmed...
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Playboy Enterprises Rises 16.9% On Takeover News (PLA)
Monday, January 10, 2011 - 1:09pm | 245Shares of Playboy Enterprises, Inc. (NYSE: PLA) are trading up 16.9% at $6.08 per share during the Monday afternoon trading session. The stock surged after the company announced that founder Hugh Hefner planned to take the company private through a $6.15 per share offer from Icon Acquisition...
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Another Quarterly Loss Expected from Playboy
Monday, November 8, 2010 - 1:22pm | 127Playboy Enterprises (NYSE: PLA), which received a buyout offer from Hugh Hefner last summer, is scheduled to discuss its third-quarter 2010 financial results Tuesday, November 9, in a conference call at 10:00 AM (ET). You can catch a live webcast of the call at the company's website. During the...
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Parent Company of Penthouse Bids for Playboy (PLA)
Thursday, July 15, 2010 - 2:08pm | 137Shares of Playboy Enterprises (NYSE: PLC) are higher on the session by 1.27%, currently trading at $5.58. This comes after news that FriendFinder Networks Inc., the parent company of Penthouse, is making a $210 million bid for the company. FFN said that it believes its offer is in the best...