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Playboy CEO: TV Biz Is Changed 'For Good'; Focused On Licensing, Gaming And VOD
Thursday, November 5, 2009Layoffs, an executive team reorg and other cost-cutting helped Playboy (NYSE: PLA) narrow its Q3 losses—but the company’s media businesses still aren’t fully turned around. So that means more layoffs. CEO Scott Flanders said the company had to reduce overhead expenses in “support and corporate”—though he hinted that Play...
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