Playboy Enterprises
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Playboy Enterprises
Playboy Enterprises, Inc. (
NYSE
:
PLA
), also organized as New Playboy, Inc. (
NYSE
:
PLAA
), is the company founded by
Hugh Hefner
to manage the Playboy magazine empire. It was created in
1953
as the HMH Publishing Co., Inc. for the purpose of publishing the
Playboy Magazine
. The business quickly expanded beyond the magazine and began to develop and distribute a wider range of adult entertainment. It eventually went public under the current name in
1971
.
Christie Hefner
, the daughter of
Hugh Hefner
, has been the President of PEI since
1982
, and
Chairman of the Board
and
Chief Executive Officer
for
Playboy Enterprises
since
1988
.
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This article uses material from
Wikipedia
®
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