Playboy Finally Closing Spice Deal.(Brief Article)

Multichannel News, March, 1999 by FARRELL, MIKE

Operators who may have feared that Playboy Enterprises Inc.'s $100 million purchase of the Spice adult pay-per-view service would cut into their lucrative revenue split agreements will have little to worry about once the deal is completed March 15, Playboy said last week. Playboy expects to close its purchase of Spice today (March 15) more than a year after announcing the deal.

Although the deal has meant the sale of one of the most profitable of Spice services -- Spice Hot -- to adult movie producer Vivid Video, the fear that Playboy would water down Spice's saucier content appears to be unfounded. The biggest concern of most operators was that the generous revenue splits that Spice offered -- between 70 and 80 percent - would be pared down to...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement