THE HOLLYWOOD REPORTER: PLAYBOY CELEBRATES THE ART OF THE PLAYMATE AT CHATEAU MARMONT

LOS ANGELES, May 12, 2013 – Heir apparent Cooper Hefner joined the fete for three artists and their centerfold model, Raquel Pomplun, as the magazine works to reinvent itself as an upscale men’s outlet.

Cooper Hefner was just a guest at Playboy’s recent Chateau Marmont party, but it was impossible not to notice his tall, lean frame among the assorted Playmates and revelers, especially with his striking resemblance to the magazine’s patriarch. The youngest of Hugh Hefner’s four children (Hef and his mother, Kimberley Conrad, divorced in 2010), 21-year-old Cooper is the heir apparent to Playboy Enterprises — once he completes his film degree at Chapman University in Orange, Calif.

If the vibe at Bungalow One was any indication, the empire young Hefner inherits will center on a sophisticated lifestyle brand, one that recalls the magazine in its ’60s and ’70s heyday, when it was known for publishing literary voices such as Nabokov and Norman Mailer alongside its light porn. Now that Playboy’s role in the nudie-pics biz has been dwarfed by the flood of product online, the magazine in recent years has made a concerted push to reinvent itself as an upscale men’s lifestyle publication.

Read more…

NEW YORK POST: NO JUNK IN HEF TRUNK

There may be life in the hutch after all. Playboy Enterprises, which went private in 2011, was on the brink of a loan default but was able to pull a bunny out of its hat and revamp a $185 million loan payment.

This past week, Standard & Poor’s rewarded the efforts with an upgrade in a new secured-lending facility — which includes a $10 million revolver due in 2016 as well as the $185 million term loan due in 2017 — with an upgrade of its debt rating to B, one notch higher than the B- it had before the revamp.

Read more…

PLAYBOY FINALIZES REFI, UPSIZING TERM LOAN AND CUTTING LIBOR FLOOR

Jefferies has finalized terms of Playboy Enterprises’ refinancing that revises covenant levels and lower pricing, sources said.

The term loan has been upsized by $10 million, to $185 million, with incremental proceeds available for general corporate purposes. The LIBOR floor has been flexed lower, to 1.25%, from 1.5%, while the L+600 spread and 98.5 issue price are in line with initial talk. Allocations are expected early next week.

Read more…

PLAYBOY REVEALS NEW IPHONE APP, THE ULTIMATE GUIDE TO A LIFE UNLEASHED

LOS ANGELES, April 01, 2013 – Yes, there are stunning pictorials and captivating articles. But the new Playboy for iPhone is so much more. The app is the digital purveyor of the bespoke Playboy lifestyle for the ultimate urbane guy, featuring cutting-edge content and insight into travel, clothes, food, cars, girls and beyond.

“As the on-the-go extension of the Playboy brand, our new app brings the best of Playboy with original, thought-provoking and enticing bite-sized content that captures our design-driven and discernible style,” commented Scott Flanders, CEO of Playboy Enterprises. “We’ve rebuilt Playboy for iPhone from the ground up to attract the new generation of Gen Y fans who enjoy the indulgences of the artisanal good life and modern culture.”

iPhone users across the globe can enjoy the new app, now found in the App Store for free download. The app is the haute spot for provocative, original app-only content, as well as material selectively chosen from the current issue of the magazine. To unlock such exclusive content, Playboy fans have the option of subscribing monthly, bi-annually or annually to the app.

Read more…

MEN’S FITNESS: THE NEW (OLD) PLAYBOY

Dean Stattmann sat down with Playboy CEO Scott Flanders to discuss the iconic brand. The interview can be viewed in the February 2013 issue of Men’s Fitness.

Click here to view the article.

Source: Men’s Fitness

COLUMBIA JOURNALISM REVIEW NAMES PLAYBOY ARTICLE A MUST-READ OF 2012

As 2012 drew to a close, Columbia Journalism Review writers brainstormed the year’s best reads. When examining profiles, or expert portraits of fascinating people, CJR chose Carl Zimmer’s personal narrative of astrophysicist and science communicator Neil deGrasse Tyson among the lot. The article originally appeared in the January/February 2012 issue of Playboy with cover model Lindsay Lohan.

In order to check out CJR’s complete list of must-read profiles of 2012, click here.

Source: Columbia Journalism Review

OFFICE PORN: TAKE OUR EXCLUSIVE TOUR OF PLAYBOY’S POSH BH HQ!

BEVERLY HILLS, December 5, 2012—We’ll openly admit that we never opened an issue of Playboy until its most recent Marilyn Monroe cover hit stands. And, even though we’re not exactly the mag’s demo, we spent hours poring over it (the articles only, people!). Turns out, we kinda get those “academic content” excuses men are always throwing around — there’s enough intriguing conversation fodder inside to get us through the rest of the holiday season.
Read more…

PLAYBOY TAPS CUSHNIE ET OCHS FOR COLLABORATION

MIAMI, December 5, 2012—PLAYBOY’S FASHION PLAYMATES: Playboy is getting into the high-fashion game, launching a series of designer collaborations beginning with Cushnie et Ochs. Designers Carly Cushnie and Michelle Ochs were approached by the magazine to design a limited-edition piece: a harnesslike leather bra that will retail for $695 exclusively on playboystore.com. “Playboy is such a quintessential brand,” said Cushnie of the proposition. “They told us where they’re heading and the sort of people they had been working with, like Jenne Lombardo and Neville Wakefield, and we thought we could do something really cool and edgy and special.”

To launch the collaboration, the designers will host a pop-up lounge today at the Playboy A$AP concert during Art Basel Miami at the Delano Hotel, where Playmates will be on hand to model the goods, although they will not be available for purchase at the party.

Click here to view the article.

Source: Women’s Wear Daily

PLAYBOY FOUNDER HUGH HEFNER DISCUSSES HIS LIFE, HIS FAMILY SUCCESSOR, & PLAYBOY’S FUTURE

BEVERLY HILLS, November 29, 2012—Wall Street Journal “Business of Celebrity” Host Lee Hawkins talks to legendary Playboy founder Hugh Hefner, his son Cooper Hefner, and Playboy chairman and chief executive officer Scott Flanders about the future of Playboy and Hefner’s wishes that his son Cooper succeed him in two years as the front man of his iconic company, Playboy. In these exclusive interviews, Hawkins takes an in-depth look at Playboy’s turnaround strategy as it plans to turn itself into a globally focused licensing company.

Source: WSJ Live

PLAYBOY CEO DISCUSSES THE FUTURE OF PLAYBOY

BEVERLY HILLS, November 29, 2012—Playboy chairman and CEO Scott Flanders, who replaced 86-year-old Playboy founder Hugh Hefner’s daughter Christie Hefner as the company’s top executive in 2009, talks to WSJ’s Lee Hawkins in an exclusive interview about the future of Playboy and the company’s restructuring plans.

Source: WSJ Live