Playboy Enterprises Reports Earnings Down for Fourth Quarter

Share this article:
Playboy Enterprises Inc., Chicago, yesterday reported fourth quarter earnings of $12 million (before interest, taxes, depreciation and amortization), down from $16 million for the same period in 1998. Revenues were flat at $92.4 million. The Catalog Group, a division of Playboy, which includes Critics' Choice Video and Collectors' Choice Music catalogs and Web sites, and the Playboy and Spice product catalogs, reported fourth quarter EBITDA earnings down at $1.6 million, compared to $2.2 million for the same period in 1998. Catalog revenues declined 30 percent to $16.5 million, attributed to planned lower circulation for its video catalog. The Playboy and Spice catalogs were reconfigured as online-only catalogs at www.playboystore.com and www.cyberspice.com and become part of the publishing company's e-commerce business. Playboy Online will be spun off this year as Playboy.com in an IPO.
Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.