The print industry for magazines and newspapers is in a time of crisis. They are losing ad dollars to online ventures and are facing declining readerships. Accordingly, Hugh Hefner is reportedly ending the playboy mansion parties due to the need to reduce costs and improve profitability.
After decades and decades of wild nights, we hear Hef is calling it a day and that Playboy Enterprises has decided that this party and the upcoming annual Halloween party will be the last that the magazine mogul personally throws as a means to cut costs.
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This entry was posted on Thursday, August 14th, 2008 at 9:49 am and is filed under Publishing News. Tagged: Hugh Hefner, publishing-costs. You can feed this entry.
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Jane is a long time romance reader whose passion is, you guessed it, reading. She's currently loving contemporary authors like Sarah Mayberry and Kristan Higgins but her first love will always be the historical. Some of her old time favorites are Amanda Quick and Johanna Lindsey and some of the new favorites are Sherry Thomas, Joanna Bourne and Claudia Dain.
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I also know that PlayGirl magazine is no longer going to be in print. They are going to be in e form only. I know the two aren’t the same company, just thought I’d mention it though…
The parties at the mansion are so much a part of Hugh’s identity that I wonder if it also signals that he is simply getting older?