Executives Weigh Frequency, Other Cuts At Playboy

ANDREW VANACORE

NEW YORK (AP) — Executives at Playboy's parent company are considering cutting the magazine's frequency, reducing circulation or raising prices in order to save the money-losing publication.

"It is clear that this company cannot continue to sustain significant losses in a business that now comprises less than one-quarter of the company's revenue base," Jerome Kern, interim chief executive for Playboy Enterprises Inc., told analysts on a conference call Monday.

His remarks came as the company reported a growing first-quarter loss, suffering from falling revenue and big one-time charges. ...