How about some simple fixes based on the revenue they are earning now instead of developing a plan based on past results, or based on current business strategies.
Like develop plug ins for all social media sites, add ons and groups and tools that are all non nude that cash in on the brand, next build adobe air application simple quick one that allows for all subscriptions to be received on the users desktop. Next use the tv and sites that they do have to push traffic not to a "free" playboy.com but to the paid model of and to build it up as a tiered site.
There are 1000's of ways you could save this company, simple and effective but you would need to get rid of half the bureaucracy streamline and remove most of the middle management then look at only parts of the business that drive traffic to their core money making items.
I.E. they could make their tv free or 1 of 1000 other ideas. but guess what they won't and instead we will keep passing them. Great news cause the future of playboy is where we are going to be. Maybe they can hit up Shap and ask him if he is interested in buying it no money down
