Home > News > Hugh Hefner to Appear on 'Nightline' • Bookmark   • Newsletters   • Register Search Options

NEWS STORY

Hugh Hefner to Appear on 'Nightline'

Hugh Hefner to Appear on 'Nightline'
Get XBIZ News
XBIZ Research
Will virtual reality boost the paysite market?
Yes, it will soon
  39.66%
Yes, but in a few years
  36.87%
No
  23.46%
Out of 179 votes. Results based on votes submitted by members of XBIZ.net social network.
Jul 22, 2010 3:00 PM PDT    Text size: 
LOS ANGELES — Hugh Hefner will appear on tonight's broadcast of ABC News’ “Nightline.”

The Playboy founder interviewed with ABC News correspondent Jon Donvan on Wednesday for a segment entitled “Hugh Hefner, Playboy, Activist, Rebel.”

The 84-year-old publishing icon called the interview “lively” on his Twitter account.

Playboy Enterprises has generated numerous headlines in recent months as the entertainment giant is being shopped around to various bidders.

That bidding has led to a class-action suit filed last week that alleges that Hefner and investment banker Rizvi Traverse Management's bid for Playboy at $5.50 a share is too low.

It further states that the company would be breaching its shareholder fiduciary duties if it was sold for an equivalent $185 million.

The suit names Playboy Enterprises Inc. and Rizvi Traverse as well as members of Playboy’s board, seeking an order to rescind the proposed acquisition.

Meanwhile, FriendFinder Networks, Inc., the parent company of Penthouse magazine, last week offered to buy Playboy for $210 million, $25 million more than Hefner's offer.

Playboy executives have indicated they are in the midst of restructuring the organization in an effort to become a “brand management company."

Check ABC News' "Nightline" website for local listings and air times.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !

BUSINESS ANALYSIS

Sexperts Tout Men’s Wellness Benefits of Pleasure Products

Sex, more and more, is being discussed not only from an erotic standpoint, but also, from a health and wellness standpoint. MensHealth.com, MensJournal.com and many other mainstream websites have been... More »

Male Sex Toys Get Creative With Non-Anatomical Designs

Male toys are becoming more and more popular for both straight and gay men. While the emphasis has long been on women’s toys, today men’s products are a burgeoning market. Channel 1 Releasing... More »

Manufacturers Recreate Lifelike Sex for Male Masturbation

Sex is sex, even when you have it with yourself. Wherever that little love dance goes, sex toys are sure to help guide you on the journey. When it comes to men, the industry appears to have thrown its... More »
XBIZ NEWSLETTERS
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.






POPULAR PRODUCTS & SERVICES
Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.

UPCOMING EVENTS

EXXXOTICA Chicago

Jun 23 - Jun 25
Chicago, IL.

Latin America Adult Business Expo

Jul 10 - Jul 12
Cartagena, Colombia

ANME Founders Show

Jul 16 - Jul 18
Los Angeles Marriott Burbank Airport

QWEBEC Expo

Aug 03 - Aug 06
Montreal, Quebec
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!