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Sunday, August 28, 2005
Playboy Announces Internet Edition
Playboy magazine has announced it is ready to launch its digital edition on the Internet next month. The digital version will mirror the print magazine and comes as Playboy starts to lose money.
The company hopes that it will win over new subscribers and advertisers with its new edition. They have been testing the technology for months, according to the company statement. Playboy's publishing division lost US$2.3 million this quarter.
Chief Executive Christie Hefner said: "I think we're all cognizant of the fact that there are two macro trends going on here that this product is designed to respond to. ...More and more consumers are getting information and entertainment online..."
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Posted by: Harry2000
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