Comments by "serafina costa" (@serafinacosta7118) on "CNN"
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Playboy had the media division. Including cable . That is where the money became made . Streaming sales . Hustler also invested into online porn, had the video publishing , but never had a brand presence in the adult entertainment business.
Playboy faded. Larry Flint flipped his money into cassinos . As matter of fact , Larry Flint, at one time , was banned from entering Las Vegas Hilton owned casinos on the account of unpaid gambling debts he racked up there. Then, naturally , he became entranced with Casinos, and built his own smaller ones whenever he could.
So Larry , before his passing , came at the top.
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LFP print publications relied mostly on print sales , or what became sold at newsstands. Then, his stuff got repackaged and repriced at the secondary market ( used magazine sellers , adult shops ), money he never saw a dime of it. His magazine publication was unsuccessful in attracting enough advertising revenue.
LFP also fared poorly on subscriptions. Even with the plastic bag packaging , and the black cover , this is not a piece of mail you wanted at home on annually renewed subscription plan. Tastes and lifestyles change. You get married , then kids come.
Playboy publications were advertising revenue rich, and did well on subscription renewals. Heck, a dentist could have those , and so other establishments. It was an easy to browse rag.
What made Playboy broke is that they divested too early into failed enterprises. The failed playboy night clubs , Hefner’s high flying lavish lifestyle. They made well with the digital video and media company for a while , until that market became saturated with other competitors.
LFP made well in its later iterations , with some short tenure on raunchy videos, but Larry was not only more astute on distribution , but he also parked his money on smaller legal casinos.
Both made well on merchandise , but Playboy leaked a lot of revenue on having their bunny logo copycated all over the world.
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