Hugh Hefner

Paperless porn? No, it’s just for the articles

hugh-hefner

Paper is so passe‘. ¬†So much so that even the mighty Hugh Hefner is looking to turn his printing company into a licensing company. ¬†(APN prints and¬†Fairfax licences?)

Playboy Enterprises is getting more time to transform itself into a licensing company from an aging publisher at risk of breaching its loan agreements as readers desert print.

The company founded by Hugh Hefner in 1953 refinanced $147 million of first-lien debt with a single lender after its financial performance deteriorated, increasing the risk it wouldn’t be able to comply with its financial obligations.

Standard & Poor’s last month said the publisher was “vulnerable” because of “sporadic operating shortfalls,” competition in brand licensing and a worsening outlook for print media.

Shareholders in the likes of APN and Fairfax are showing unusual confidence in their investments, although to be honest, most of that comes from their interest that lie outside the production of printed daily newspapers. ¬† Read more »

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So that’s the secret

Now we know why Hugh Hefner is still boxing on…the secret to longevity is, apparently, wild women…

What’s the secret to living a long and happy life? Geoff Howlett, who celebrated his 103rd birthday yesterday with a spot of indoor bowls and a party, will tell you it is “women, wild women, that’s the secret”.

“That and a nip or two of whisky each night before bed. Well, why not? A man has to have his vices.”

At 103 years old who is there to argue with him, except wowsers.

Face of the Day

Hugh Hefner says his New Year’s resolution is to “stay single

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Sonny Thomas

A simple lesson for the ugliest gay man in the world, Sonny P Thomas. Don’t take on a blogger.