Playboy Dumps DVD Business For Internet Video
Oct 16th, 2008 | By James Lewin | Category: Internet TV, VideoPlayboy CEO Christie Hefner announced yesterday plans to shut down its DVD business and focus on Internet video:
It is unavoidable that we reduce our cost structure to reflect current economic realities even as we continue to invest in our growth businesses.
We will also respond to changes in how consumers access content and advertisers use media. Thus, [...]