Playboy Magazine Swings to Profit in Fourth Quarter

Posted On Sep 14 2019 by

first_imgOverall, the print/digital group reported a fourth quarter income of $2.5 million, compared to a loss of $400,000 during the same period in 2008. Revenues were down 14 percent to $28.2 million.Fourth quarter digital revenues slipped slightly to $9.6 million versus $10.7 million during the same period last year. Playboy attributed the loss to lower paysite and advertising sales. Licensing group revenues jumped 10 percent to $8.7 million during the period.According to Playboy CEO Scott Flanders, the company is still “a long way from effectively monetizing the power of the Playboy brand … Although each of our businesses has promising opportunities, our operations are subscale in industries dominated by large players. In our business, size matters. Our mission is to create a stronger and significantly more profitable company.”Flanders said in a statement that Playboy will continue to refocus management by keeping core creative operations in-house but to farm out others to partner companies, effectively reducing Playboy’s cost centers and overhead. He said he expects that the media business will remain challenged this year although the magazine will continue to benefit from an agreement it announced in November that passed the title’s advertising sales, circulation, marketing, production and all other business operations to American Media Inc.In 2009, Playboy’s adjusted EBITDA grew to $19.3 million compared to $13.6 million in 2008.“In total, we expect double-digit growth in [licensing] segment income for 2010, but, more importantly, our goal this year is to position the company for much greater future profitability in 2011 and beyond,” Flanders said. While the financial situation at Playboy parent Playboy Enterprises isn’t great, it also isn’t as bad as it has been. The company today reported a $51.3 million year-end net loss for 2009, compared to a $160.4 million loss the prior year. Revenues declined more than 17 percent to $240.4 million.During the fourth quarter, however, the company reported a net loss of $27.8 million versus a $146.8 million loss during the same period in 2008. Revenues were $60.6 million, down about 13 percent from the prior year period. Both quarters (2009 and 2008) included impairment, restructuring and other charges ($28.6 million in Q4 2009, $157.2 million in Q4 2008), the company said.Meanwhile, Playboy magazine reported a profit during the fourth quarter, the company said, with $18.6 million in revenues, including sales from its international editions and other special issues. Playboy said the profit was driven in part by its decision to publish a combined January/February issue and increased newsstand sales of its November “Marge Simpson” issue [pictured].last_img read more


STUDENT SPOTLIGHT Wilmingtons Nicole Potcner Inducted Into Psi Chi National Honor Society

Posted On Sep 11 2019 by

first_imgWORCESTER, MA — The Assumption College Department of Psychology has announced that Nicole Potcner, Wilmington, has become a member of the Psychology National Honor Society, Psi Chi. Potcner, Class of 2018, was inducted into the honor society this spring.“Students named to Assumption College’s chapter of Psi Chi have demonstrated an unwavering commitment to and mastery of their academic studies,” said Louise Carroll Keeley, provost and vice president of academic affairs at the College. “Earning membership to an honor society is among the highest academic recognitions for an undergraduate.”Psi Chi was founded in 1929 for the purposes of encouraging, stimulating, and maintaining excellence in scholarship, and advancing the science of psychology. Membership is open to graduate and undergraduates, of junior or senior academic standing, who have chosen psychology as their major or minor. Inductees must also have completed nine semester hours of psychology courses, rank in the top 35 percent of their class, and have a minimum grade point average of 3.25, in both psychology classes and in overall cumulative grades. Psi Chi members are invited to submit scholarly articles to the Psi Chi Journal of Psychological Research, apply for research grants, and attend and present at regional and national conferences.About Assumption CollegeFounded in 1904 by the Augustinians of the Assumption in Worcester, Mass., Assumption College is a Catholic liberal arts institution that offers undergraduate students 41 majors and 48 minors in the liberal arts, sciences, business, and professional studies; as well as master’s and continuing education degrees and professional certificate programs-each through an educational experience that is grounded in the rich Catholic intellectual tradition. The curriculum enables students to gain a depth and breadth of knowledge that leads to professional success and personal fulfillment. Students-whether on the Worcester campus or at the College’s Rome, Italy, campus-become engaged participants in Assumption’s classic liberal arts education, exploring new ideas and making connections across disciplines. To prepare for the workforce, students learn cutting-edge theory and best practices, conduct innovative research, and develop excellent communication and critical-analysis skills. Assumption graduates are also known for their thoughtful citizenship and compassionate service to their community. For more information about Assumption College, please visit www.assumption.edu.(NOTE: The above press release is from Assumption College via Merit.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: Wilmington’s Rachel Johansson Inducted Into International Psychology Honor SocietyIn “Education”STUDENT SPOTLIGHT: Wilmington’s Jacqueline Ryan Inducted Into Philosophy International Honor SocietyIn “Education”STUDENT SPOTLIGHT: 4 Wilmington Students Named To Dean’s List At Assumption CollegeIn “Education”last_img read more


Second migrant boy dies in US custody

Posted On Sep 3 2019 by

first_imgEmployees of a funeral home carry a coffin with the repatriated remains of seven-year-old Guatemalan migrant girl Jakelin Caal Maquin, who died in a Texas hospital on last 8 December. Photo: AFPAn eight-year-old migrant from Guatemala died in US government custody on Tuesday, Customs and Border Protection said, the second child fatality in American detention this month.The boy, who was with his apprehended father, had been transferred to a New Mexico medical centre showing signs of sickness on Monday, the agency said.Staff diagnosed him with a cold but later discovered a fever. He was released at midday, with prescriptions for ibuprofen and the antibiotic amoxicillin.The child was later transferred back to the hospital after showing signs of nausea and vomiting, and died just after midnight.The CBP said it had not established the cause of death but would “ensure an independent and thorough review of the circumstances.”Guatemala called on US authorities to conduct a “clear” investigation of the death, adding that “medical reports have been requested… to clarify the cause of death of the child.”The news of the boy’s death triggered outrage on social media.”Another child dies under this Administration’s watch,” tweeted Democratic Congressman Marc Veasey of Texas.”Such a devastating story to hear on Christmas Day.””Heartbroken and sickened by this news,” senator Martin Heinrich of New Mexico wrote on Twitter.”I am urgently demanding more details, but the Trump administration must be held accountable for this child’s death and all the lives they have put in danger with their intentional chaos and disregard for human life,” he tweeted.Searching for a dreamThe boy’s death came on the same day that Jakelin Caal, a Guatemalan migrant girl who died in US custody under similar circumstances earlier this month, was buried.Her body was repatriated on Sunday and after a long journey reached the remote village where her family lives without electricity and other basic services.”This girl left home happy searching for a dream, but unfortunately died on the way,” community leader Alberto Pop told AFP in the cemetery in the community of Maya Q’eqchi’.”You hear that in the United States they pay well, not like the companies here in Guatemala — that’s why people leave,” said Pop, whose 22-year-old son Joaquin left in November in search of the American dream.”I don’t know if he is alive or dead,” Pop said.”Unfortunately, these decisions (to migrate) are made because of scarce economic resources,” Jakelin’s cousin Mario Caal said at the funeral.Jakelin Caal’s 8 December death reignited debate in the United States over immigration policy and the treatment of migrants.President Donald Trump has made hard line immigration policies a central plank of his presidency, drawing fire from critics who accuse him of demonizing migrants for political gain.He is locked in a battle with Congress over funding for his planned border wall, which he claims will stem migration from Latin American countries plagued by gang violence and poverty.”Heartbroken to hear of a second child’s death in CBP custody,” tweeted Nydia Velazquez, a Democratic congresswoman from New York.”We must demand accountability, find answers and put an end to this Administration’s hateful, dangerous anti-immigrant policies.”last_img read more


Network theory expert sees Web pages as 19 clicks apart

Posted On Aug 31 2019 by

first_img Citation: Network theory expert sees Web pages as 19 clicks apart (2013, February 20) retrieved 18 August 2019 from https://phys.org/news/2013-02-network-theory-expert-web-pages.html © 2013 Phys.org This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Journal information: Philosophical Transactions of the Royal Society Explore further More information: rsta.royalsocietypublishing.or … 87/20120375.abstractblogs.smithsonianmag.com/scien … y-19-clicks-or-less/center_img Social networking for terrorists Despite enormous “pieces” of Web such as sites, hosted images, and videos—the Indexed Web contains at least 14.33 billion pages, according to the February 19 tally of WorldWideWebSize.com, it takes 19 or fewer clicks to get to any of them from another, regardless of scale.Barabási, who is known for his work on network science, has looked at the Web’s structure. The Web is an information network, in which the nodes are documents connected by links, noted in the paper’s abstract. “Other well-known network structures include the Internet, a physical network where the nodes are routers and the links are physical connections, and organizations, where the nodes are people and the links represent communications.”The author noted how, with a path length of about 19, connections are made, with massive hubs such as Google and Facebook behaving as the key super-connectors. Similar to the small-world concept of a limited number of degrees of separation, the super-connectors render the Web access experience into a small world. For ease of access and connectivity, the good news is that it only takes a small number of superconnecting sites to get us where we want to go The bad news is the same. Attackers removing this relatively small number of Web pages would cause serious problems if, in the targeted attack, the most connected nodes were deliberately removed first. Knocking out a few critical nodes that connect the Web may isolate various pages and hinder movement. Barabási is known for his work in network theory and is described as a pioneer in this field. He is a professor at Northeastern University in Massachusetts and he directs the university’s Center for Complex Network Research. The Center’s studies include the Internet’s dynamics and complex networks inside the cell. The Center’s premise is that, regardless of the kind of network, whether the network under study is the Web or the economy, the same principles largely apply. Many networks have common principles that can be studied using methods in theoretical physics. Credit: Opte Project (Phys.org)—The concept of its being a small world after all is now being placed in the scientific context of the wide, wide Web as a small Web after all. According to a physicist, Web pages are actually no greater than 19 clicks apart. Put another way: Everything on the Web is connected by 19 clicks. Put another way? Any two Web pages are no more than 19 clicks apart. How can that be? The paper discussing this, by Albert-László Barabási, has been published in Philosophical Transactions of the Royal Society.last_img read more


Rep Griffin sets March indistrict office hours

Posted On Aug 9 2019 by

first_img15Mar Rep. Griffin sets March in-district office hours State Rep. Beth Griffin, of Mattawan, will meet with area residents this month during scheduled office hours across her district.“With the first few months of the legislative session behind us, there is much to discuss,” Griffin said. “I encourage residents to attend and I look forward to hearing their input.”Rep. Griffin will be available Tuesday, March 26 at the following times and locations:9 to 10 a.m. at Lawton Village Hall, 125 S. Main St. in Lawton;10:30 to 11:30 a.m. at The Panel Room, 61116 Co Rd. 687 in Hartford;1 to 2 p.m. at the South Haven Library, 314 Broadway St. in South Haven; and3 to 4 p.m. at Cooper Township Hall, 1590 D Ave W. in Kalamazoo.No appointments are necessary. Those who are unable to attend at the scheduled times but would like an opportunity to talk with Rep. Griffin may call her office at (517) 373-0839 or email BethGriffin@house.mi.gov.### Categories: Griffin Newslast_img read more


Russian service provider MTSs director of fixedl

Posted On Aug 7 2019 by

first_imgRussian service provider MTS’s director of fixed-line business and TV Dmitry Bagdasaryan has left the company, according to local reports.According to trade news service ComNews, Bagdasaryan left MTS over differences with the company’s management on strategy for the development of fixed broadband and TV services.MTS said that Bagdasaryan had been replaced by Natalia Bratchikova, who joined the company some months ago after serving as executive director of retail services at Rostelecom.last_img


Sports network Eleven Sports has secured a new liv

Posted On Aug 6 2019 by

first_imgSports network Eleven Sports has secured a new live exclusive rights agreement with the English Football League for the next five years covering Belgium, Luxembourg and Poland.The deal will give Eleven rights to show coverage of Sky Bet Championship, Sky Bet League One, Sky Bet League Two and Carabao Cup competitions in the three countries. The agreement follows an initial two-season deal that was agreed before the start of the 2015-16 season.Eleven will show games delayed and on repeat in addition to a minimum of 55 Sky Bet Championship matches and up to 30 Carabao Cup matches exclusively live across linear and OTT channels.We cooperate closely with rights holders to help them connect and engage with fans in innovative ways. Our partnership with the EFL for five more years is a testament to the work we have done together to deliver thrilling football action with a fresh tone of voice for the fans. We’re very pleased to continue with EFL competitions in Belgium, Luxembourg and Poland – markets where football is extremely popular,” said Danny Menken, Group Managing Director, Eleven Sports.“We are very pleased to extend our agreement with Eleven Sports to show matches from across the Sky Bet EFL and Carabao Cup. The proliferation of the global game means having a regular and prominent presence internationally has never been as important and is very significant to our Clubs who are looking to further establish themselves in key overseas markets including those territories Eleven Sports have secured the rights in,” said EFL CEO Shaun Harvey.last_img read more