StockPreacher.com Issues Trading Overview for Playboy Enterprises Inc.
November 18, 2009 --
DALLAS, Nov. 18, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring media entertainment and lifestyle company Playboy Enterprises Inc. (NYSE:PLA). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Playboy Enterprises Inc. (NYSE:PLA) should be of particular interest to other entertainment media companies: New Frontier Media Inc. (Nasdaq:NOOF), Lions Gate Entertainment Corp. (NYSE:LGF), DreamWorks Animation SKG Inc. (Nasdaq:DWA) and Marvel Entertainment Inc. (NYSE:MVL).
The full report is available at: http://www.stockpreacher.com/n/PLA
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Playboy Enterprises Inc. (PLA) is a media entertainment and lifestyle company. The Company's programming and content is available worldwide on television networks, Websites, mobile platforms and radio. Playboy operates in three segments: Entertainment, Publishing and Licensing. The Entertainment Group operations include the production, marketing and sales of programming under the Playboy, Spice and other brand names, which are distributed through various channels, including domestic and international television (TV), Internet, wireless and satellite radio.
Message Board Search for PLA: http://www.boardcentral.com/boards/PLA
In the report, the analyst notes:
"Playboy magazine's sales have suffered in recent years as more people get adult entertainment on the Internet, and as advertising sales have fallen at most U.S. magazines and newspapers. Moreover, the Company's track was negatively influenced by the magazines created by rivals like Penthouse and Hustler as well as by adult videos growth. By the late 1990s, the rise of the Internet and free adult contents on the Web became Playboy's greatest rival for the audience.
"Last week Reuters reported that PLA is in preliminary talks to sell itself to Iconix Brand Group Inc. At this point, the goal of Iconix, which owns and licenses clothing brands such as Candies, Joe Boxer, and Rocawear, is to bring in a publishing partner to buy Playboy Enterprises Inc.'s namesake magazine while it would keep the brand licensing part of the Company. Playboy's former entertainment president, Jim Griffiths, is also in talks to acquire the Company and take it private for more than $300 million, the Los Angeles Times reports."
To read the entire report visit: http://www.stockpreacher.com/n/PLA
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StockPreacher.com is a small-cap research and investment commentary provider striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
CONTACT: StockPreacher.com
Jeff Bishop
(469)-252-3505
press@beaconequity.com
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