Business Services Industry
Playboy misses porn market shift.(Playboy Enterprises Inc.,)
Crain's Chicago Business, August, 2004
Byline: JEREMY MULLMAN Playboy Enterprises Inc.'s shares fell 47% during the past six months as its television and video unit missed a major technology-driven shift in the porn market. The Chicago-based adult entertainment conglomerate, best known for its signature magazine, bet heavily that TV and video could drive its growth going forward.
But that growth stalled in the second quarter, when the TV and video group's earnings flattened. "Management has repeatedly said that that's where the future growth is going to come from,'' says David Liebowitz, an analyst at Burnham Securities Inc. in New York. "But, if you look at the (most recent) results, it isn't there.'' Part of the problem, analysts and industry experts say, is that Playboy has been slow to...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
