TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Playboy Is Officially Private

It took some time after a deal was reached, but Hugh Hefner has officially succeeded in taking his baby Playboy private once again. Class A shares in Playboy were suspended from public trading as of yesterday, and Class B shares will follow suit at the market’s close today. Once the deal is officially wrapped up, Hef will own 37% of the company.

Hef cut a deal in January, in partnership with a  group calling itself Icon Acquisition Holdings, L.P., to purchase all outstanding stock in Playboy for $6.15 per share.

Previously on Fishbowl LA: Hef Is Taking Playboy Private

Mediabistro Course

Magazine Writing

Magazine WritingStarting September 4, learn how to get your work in top publications! You'll learn how to create captivating stories editors will want and readers will love, understand which magazines are right for your stories, craft compelling pitch letters, and more! You'll leave this class with two polished articles and corresponding pitch letters. Register now!