FriendFinder Networks to Announce Bid for Playboy Thursday

Jul 14, 2010, 4:58 PM

BOCA RATON, FL.â€“FriendFinder Networks has announced that it will make public its proposal to acquire Playboy Enterprises on Thursday July 15, at 12:30 pm. Presumably, that means 12:30 pm Eastern Standard Time.

FriendFinder CEO Marc Bell said on Monday that his company was "exploring an alternative proposal" to Hugh Hefner's announced intent in a letter to the company's board to buy back all outstanding Playboy shares and take the company private.

Penthouse magazine is owned by FriendFinder Networks.

business.avn.com

Jul 14th, 2010

comments (6)

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Dudester15 years ago

As long as it means:

A) A return to natural looking models B) An end to air brushing C) The firing of a writing staff woefully stuck in 1968 D) An overhaul of the magazine that reflects the second decade of the 21st century.

samsung115 years ago

In terms of hardcore I would rate the porn magazines as:

softcore: playboy
mix: penthouse
hardcore: hustler Does not surprise me that hustler is the most expensive magazine subscription (40/yr), then penthouse (30/yr) then playboy (16/yr).

farmerart15 years ago

You guys still read Playboy???

Dougster15 years ago

Too little money. Hugh won't accept loss of control. Not that Playboy is worth anything anymore other than some minor real estate and brand name value.

sanitago15 years ago

friendfinder? is that the group of assholes who run the adultfriendfinder.com web site? was on there for about three weeks, biggest fucking con game on the net.

MisterGuy15 years ago

"is that the group of assholes who run the adultfriendfinder.com web site?"

Yup, that's them.