Playboy Sees Gains in Licensing but Lower Revenue

CHICAGO — Playboy Enterprises Inc. said Tuesday that revenue fell 9 percent to $55 million from $60.6 million in the fourth quarter, but that it narrowed its loss.

The net loss in the three months that ended Dec. 31 came to $14.7 million, compared with a loss of $27.8 million, in the same period a year earlier.

Playboy said income from its licensing division nearly doubled compared to the same period two years ago but that it experienced weaker performance in TV programming and its magazine, which had revenue at $18.8 million compared to $23.7 million a year ago..

The Chicago based company said it took a $12.5 million charge in the quarter over its legal dispute with DirectTV, which filed a lawsuit in March claiming that Playboy and its Spice Hot Entertainment division breached a deal by violating an agreement to offer some channels at the same terms that it was offering them to other pay TV services.

CEO Scott Flanders said the company was making progress in its transition to become a brand management company.

"We are pleased with our accomplishments through the year and in the fourth quarter in particular," he said. "In spite of the challenges created by a weak economy, changes in how consumers use media, the loss of a critical customer's revenue in the second half and the burden of expenses related to the potential going-private transaction, we made significant progress in our businesses during 2010."

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Alaina Taylor, Octavia Red Topline 'Lesbian Tutors 11'

Alaina Taylor and Octavia Red headline "Lesbian Tutors 11" from Girlfriends Films.

West Coast Productions Showcase 'Hazel Grace: Reflections' Premieres

Hazel Grace gets the spotlight in a new five-part showcase release from West Coast Productions (WCP).

Lexi Luna Stars in Latest From MILFY

Lexi Luna stars with Parker Ambrose in the latest release from Vixen Media Group (VMG) studio imprint MILFY.

Brady Mills Agency to Launch 'AgeWallet' Verification Solution

Brady Mills Agency has officially announced that its age verification solution, AgeWallet, will launch in November.

EU Advocate General: France Can Require Foreign Sites to Implement AV

An advocate general of the European Union’s Court of Justice on Thursday advised the court to rule that France may require pornographic websites based in other EU states to implement age verification in accordance with French law.

Adam & Eve Unveils Stroker Inspired by Octopus From Amazon's 'The Boys'

"The Boys" showrunner Eric Kripke has teamed with Adam & Eve on the release of a new stroker based on Ambrosius the Octopus ahead of the Season 2 premiere of Amazon's spinoff series, "Gen V."

Hentaied Founder Romero 'Mr. Alien' on Fetish, Fantasy and Finding Order in Chaos

A sharp sting pierces the woman’s skin. Something foreign slips beneath the surface. Eggs, maybe. She doesn’t know it yet, but soon her body will become a vessel, a hive, a source of contamination.

AEBN Publishes Popular Searches for July, August

AEBN has published the top search terms for the months of July and August from its straight and gay theaters in all 50 states and the District of Columbia.

Pjur Debuts 'Toy Lube and Cleaner Collection

Pjur has introduced its new Toy personal lubricant and cleaner collection.

The Guardian Devotes Feature Article to XBIZ Amsterdam

British newspaper The Guardian sent a reporter to cover XBIZ Amsterdam earlier this month, resulting in a lengthy article about the annual European adult industry conference.

Show More