Playboy Goes Private

When people can go pretty much anywhere online to see naked women, how does a monthly magazine that built its reputation on pornography (and articles!) stay relevant? Well, it’s not that easy. Playboy magazine has been hurting for quite some time now (it currently has over $100 million in debt), but perhaps with Hugh Hefner taking control of Playboy Enterprises Inc., the publishing company behind Playboy, things will start to turn around.