Playboy Due for New Business Model
Hugh Heffner started Playboy with a $1000 loan from his mother and turned it into a publishing empire. However, as Mr. Heffner prepares to take Playboy private, one has to ask whether Playboy’s business model is broken? Today, Playboy’s total revenue is around $350 million. In the late 1970’s, Playboy’s revenue was $175 million. During […]
