Playboy Magazine Outsources Noneditorial Functions

[MikeSouth]

hef controls 70% of the voting stock so technically it all comes down to whatever hef wants hef gets...which is how Playboy has landed in the mess its in.

[EmporerEJ]

Originally Posted by MikeSouth

hef controls 70% of the voting stock so technically it all comes down to whatever hef wants hef gets...which is how Playboy has landed in the mess its in.

He still owns 70%?
I thought his share got diluted some time ago?

[softball]

Originally Posted by MikeSouth

hef controls 70% of the voting stock so technically it all comes down to whatever hef wants hef gets...which is how Playboy has landed in the mess its in.

Hef is apparently like a lot of pornographers. He had a great idea and had no real competition. His magazine was literate because that was the way he could actually market it in the mainstream. But when the going got tough, maybe he wasn't such a good business man.