So is reading, period.
I work at a school library. Hardly anyone looks through the magazines. They'll read books only for a class. Otherwise, they're on their laptops or smartphones, downloading FB or Netflix -- anything but a book or article.
So what is the point of PB? Is it really viable? Yes I remember PB's excellent editorial content. My dad enjoyed the articles (also the, ahem, "other stuff"-- let's not kid ourselves!). But nobody under 30 seems to read anymore.
The logo is. The Playboy rabbit head is one of the most iconic and recognizable logos ever created. Perhaps once it is no longer associated with a nudie mag, it could become even more valuable.