Playboy income up. (Playboy Entertainment Group Inc.)(Brief Article)

Broadcasting & Cable, February, 1997 by Brown, Rich

Playboy Entertainment Group's second-quarter operating income grew to $4.2 million from $700,000 during the same period last year, thanks largely to a 26% boost in Playboy TV revenue. Playboy TV revenue grew to $11.7 million during the quarter, largely because of the growth of direct-to-home satellite TV and licensing fees from Showtime Networks Inc.

The launch of Playboy TV in Latin America during the quarter helped boost the company's international TV and home video revenue from $1.3 million to $2.0 million. Playboy plans to expand its Playboy TV and AdulTVision networks beyond Latin America and into Spain and Portugal in 1997.