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Religion & Law

: Constitutionally Correct

Playboy posts steep quarterly loss

By ADF Alliance Alert

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Dow Jones Newswires: Playboy Enterprises Inc. posted a steep quarterly loss Wednesday due to a $157 million charge, which primarily reflects the tumbling value of its television assets. The results came amid a wrenching transition for the adult-entertainment company, which is slashing costs and overhauling its operations to cope with both an advertising downturn and the erosion [...]

Full post as published by Constitutionally Correct on February 19, 2009 (boomark / email).

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