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Originally Posted by Gottis
but weak advertising led to a loss in its publishing operation, and its stock fell more than 13 percent.
This on Nov 3rd, around the time Hef went in.
Playboy runs everything but a tight ship, only posting a $3M quarterly profit due to major cost-cutting and sharp declines in taxes and interest payments.
Bookkeeping tricks aside, I make more money than Playboy. 
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wow, thats a pretty big statement considering playboy is publicly traded co.
yeah, i also read that paper costs had considerable effect on margins...