Playboy Acquires Club Jenna Inc.
2006年6月23日 - 6:01AM
PRニュース・ワイアー (英語)
CHICAGO, June 22 /PRNewswire-FirstCall/ -- Playboy Enterprises,
Inc. (PEI) (NYSE:PLA) today announced the acquisition of Club Jenna
Inc. (CJI), a multi- media adult entertainment business founded by
Jenna Jameson. The acquisition adds a premier and profitable brand
to Playboy's Entertainment Group business, with assets including a
successful film production business, a library of video content, a
network of web sites and a DVD retail distribution deal. Christie
Hefner, chairman and chief executive officer of PEI, said: "As a
best-selling author, a personality whose name is among the
most-searched on the Internet and the founder of a profitable
business, Jenna is a uniquely successful talent. CJI is a very
attractive business, which we believe will be both financially
accretive and strategically complementary as we continue to execute
our multi-platform strategy. This acquisition will allow us to
diversify our content offerings in the domestic TV business, while,
on the online side, also expanding their existing properties
through our network of sites." "In an increasingly complex and
competitive media environment, we know that the Club Jenna brand
resonates with consumers. We are looking forward to working with
Jenna and her husband, CJI President Jay Grdina, as they help
further accelerate the growth of our digital media businesses,"
Hefner said. Both Jameson and Grdina have signed personal service
agreements with PEI in conjunction with the acquisition. "This move
is very exciting for us," said Jameson. "Jay and I are pleased to
be part of the Playboy family and look forward to the potential
that this brings to the table." "With the resources now available
to us, we can bring Club Jenna to a level unprecedented in
sophisticated entertainment," said Grdina. Terms of the deal were
not disclosed. About Playboy Enterprises, Inc. Playboy Enterprises,
Inc. (NYSE:PLANYSE:PLA.A) is a brand-driven, international
multimedia entertainment company that publishes editions of Playboy
magazine around the world; operates Playboy and Spice television
networks and distributes programming globally via DVD and a network
of websites including Playboy.com, a leading men's lifestyle and
entertainment website; and licenses the Playboy and Spice
trademarks internationally for a range of consumer products and
services. FORWARD-LOOKING STATEMENTS This release contains
"forward-looking statements," including statements in Business and
Management's Discussion and Analysis of Financial Condition and
Results of Operations, as to expectations, beliefs, plans,
objectives and future financial performance, and assumptions
underlying or concerning the foregoing. We use words such as "may,"
"will," "would," "could," "should," "believes," "estimates,"
"projects," "potential," "expects," "plans," "anticipates,"
"intends," "continues" and other similar terminology. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors, which could cause our actual
results, performance or outcomes to differ materially from those
expressed or implied in the forward-looking statements. The
following are some of the important factors that could cause our
actual results, performance or outcomes to differ materially from
those discussed in the forward-looking statements: 1) Foreign,
national, state and local government regulation, actions or
initiatives, including: a) attempts to limit or otherwise regulate
the sale, distribution or transmission of adult-oriented materials,
including print, television, video, and online materials, b)
limitations on the advertisement of tobacco, alcohol and other
products which are important sources of advertising revenue for us,
or c) substantive changes in postal regulations or rates which
could increase our postage and distribution costs; 2) Risks
associated with our foreign operations, including market acceptance
and demand for our products and the products of our licensees; 3)
Our ability to manage the risk associated with our exposure to
foreign currency exchange rate fluctuations; 4) Changes in general
economic conditions, consumer spending habits, viewing patterns,
fashion trends or the retail sales environment which, in each case,
could reduce demand for our programming and products and impact our
advertising revenues; 5) Our ability to protect our trademarks,
copyrights and other intellectual property; 6) Risks as a
distributor of media content, including our becoming subject to
claims for defamation, invasion of privacy, negligence, copyright,
patent or trademark infringement, and other claims based on the
nature and content of the materials we distribute; 7) The risk our
outstanding litigation could result in settlements or judgments
which are material to us; 8) Dilution from any potential issuance
of common or convertible preferred stock or convertible debt in
connection with financings or acquisition activities; 9)
Competition for advertisers from other publications, media or
online providers or any decrease in spending by advertisers, either
generally or with respect to the adult male market; 10) Competition
in the television, men's magazine, Internet and product licensing
markets; 11) Attempts by consumers or private advocacy groups to
exclude our programming or other products from distribution; 12)
Our television, Internet and wireless businesses' reliance on third
parties for technology and distribution, and any changes in that
technology and/or unforeseen delays in its implementation which
might affect our plans and assumptions; 13) Risks associated with
losing access to transponders and competition for transponders and
channel space; 14) Failure to maintain our agreements with multiple
system operators and direct-to-home operators on favorable terms,
as well as any decline in our access to, and acceptance by,
direct-to-home and/or cable systems and the possible resulting
deterioration in the terms, cancellation of fee arrangements or
pressure on splits with operators of these systems; 15) Risks that
we may not realize the expected increased sales and profits and
other benefits from acquisitions; 16) Any charges or costs we incur
in connection with restructuring measures we may take in the
future; 17) Risks associated with the financial condition of
Claxson Interactive Group, Inc., our Playboy TV-Latin America, LLC,
joint venture partner; 18) Increases in paper, printing or postage
costs; 19) Risks associated with revenue guarantees under our cable
distribution agreements; 20) Effects of the national consolidation
of the single-copy magazine distribution system; and 21) Risks
associated with the viability of our primarily subscription- and
e-commerce-based Internet model. DATASOURCE: Playboy Enterprises,
Inc. CONTACT: Media, Jay Jay Nesheim, +1-212-261-4933, , or
Investors, Martha Lindeman, +1-312-373-2430, , both of Playboy
Enterprises, Inc.
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