PlayBoy Headed for Bankruptcy????
 

Just read this, and have not had time to follow up, but someone that has seen other info please post.


http://bittenandbound.com/2008/09/29...ng-bankruptcy/

From the article.

"You know the economy has definitely reached crisis level when Playboy billionaire Hugh Hefner is being told to tighten his purse strings or face bankruptcy.

Amid the plummeting Dow, Playboy saw it?s shares drop from $11.23 to $2.81, and Hef has been told to cut much of his staff at the New York and Los Angeles offices as soon as this month or go bankrupt."

wow, guess gfy doesn't help them that much

not when you keep spending your cash on stupid stuff lol :)

Either way the brand is worth hundreds of millions... still too expensive for us to buy.

Thread deleted ...

Now why would that happen???

:1orglaugh

And yeah I was thinking the same thing. I think before the company would vanish one of the other Media giants would snatch it up.

I'm sure Penthouse would like to but I think they are still trying to pay for AFF.

well thats not good

no roi on the 25m+ in recent acquisitions?

I'll take the house. :thumbsup
Can I put in my offer now.

hahaha is going to buy Playboy. You wait and see.

haha no way