Posted on 01/17/2012 9:34:55 AM PST by tcrlaf
layboy is shuttering its Chicago headquarters in favor of a sunnier locale, company officials confirmed.
The company released a statement Friday saying the move to Los Angeles will take place on April 30. It had previously been reported that founder Hugh Hefner was moving the company's editorial and art departments to L.A
"Playboy's executives have made the difficult decision to close the company's Chicago office and move its headquarters to Los Angeles," the statement said.
(Excerpt) Read more at chicagotribune.com ...
It’s highly unlikely that Hefner himself has been to Chicago in decades. His ‘people’ travel to Holmby Hills to meet with him. His socializing is at the mansion, he doesn’t go to LA bars, restaurants, etc. It could be that he hasn’t left the mansion in decades. It’s his self-contained universe.
Boobs as in breasts, or boobs as in LIBERAL (and RINO) politicians.
Well, it doen’s help when their business model includes providing free subscriptions to Frat houses. That is a helluva lot of money expended for little return.
I think Playboy found themselves without an audience. Young males who want a magazine with interesting articles and photos of hot women buy Maxim. It's sold everywhere, no age limit to buy and no stigma to reading one in public. On the other had, guys who want to look at porn, in the unlikely event these days they need to purchase a magazine to do so certainly aren't going to waste their money on Playboy. They'll choose something more explicit.
This leaves Playboy in a no-man's land. Too risque for adolescents to purchase and not explicit enough for guys who want to look at porn.
Hef should've re-tooled Playboy a long time ago. Keep the beauties but remove the nudity and market Playboy as an upscale Maxim that anyone could buy in the grocery store.
Chances are the lights will go out in Illinois before the last person leaves.
Hef should’ve sold the mag 20 years ago.
No here they tax the taxes.
My MBA comprehensive exam was Playboy Enterprises. It had a load of financial and operational problems back then. I see it has only gotten worse.
Well, I could better understand leaving a high-tax state like Illinois if they weren’t headed for California. Aren’t most businesses leaving CA?
who runs the corporation now?
I’ve been there, I wouldn’t call it a dump. It’s sort of a monument to the seventies, though. Well maintained, and thoroughly lived in.
He does these little public appearances for effect from time to time, but in general you’re right.
This news has left me limp ... deflated really.
The day I started at Playboy in Aug 1977 they had a major cut in force. Five VP’s were let go. Can’t remember how many lower level employees. Each of those VPs, IIRC, was then retained as a ‘consultant.’ Subscriptions and newsstand sales had declined; they were trying to keep Oui alive; the clubs were attracting a ‘lower class’ of clientele, leading to more ‘incidents.’ Within the year they closed down/sold the Chicago mansion. That was 35 years ago! It’s really been on life support for a long, long time.
close. very, very close!
Buy one, get one free?
If you find out, would you ping me?
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