Playboy Shedding DVDs In Favor of Online
It’s not every day we get to post anything about Playboy but this is tech related…really, I swear! The company is giving up on the DVD format and moving to online digital distribution instead. The move is expected to save the company $12 million a year. I like to download them for the articles.
Playboy Enterprises Inc, which publishes the world's most widely read adult entertainment magazine, will stop making DVDs to save about $12 million a year, and focus on distributing its content online, the company said in a regulatory filing. Shutting its DVD operations will cost 80 jobs and $2 million in restructuring charges, according to the filing on Wednesday with the U.S. Securities and Exchange Commission.