When you think 3D TV, the possibilities are limitless. That game-winning touchdown pass spiraling out of your flat screen, alien invaders flying ships through the screen ... and yes, even naked women strutting their stuff in your living room.

It's this latter and controversial content that is fueling the 3D business in Japan right now, where a pair of porn stars are leading the charge in developing three-dimensional entertainment that is compatible with Sony (SNE) and Panasonic (PC) televisions.

Continue reading Will Porn Fuel Sony and Panasonic 3D TV Sales?

Will Porn Fuel Sony and Panasonic 3D TV Sales? originally appeared on BloggingStocks on Thu, 03 Jun 2010 12:30:00 EST. Please see our terms for use of feeds.

Continue reading Sex.com Sale Stalled by Involuntary Bankruptcy Filing

Sex.com Sale Stalled by Involuntary Bankruptcy Filing originally appeared on BloggingStocks on Fri, 19 Mar 2010 15:00:00 EST. Please see our terms for use of feeds.

I have to admit, I completely missed this move. I usually keep tabs on Playboy (NYSE: PLA)'s stock action. Not very close tabs, truthfully, but I do check in somewhat regularly. I was shocked when I saw how low the stock had recently dropped. Back in the first week of May, when I reported on the adult-entertainment entity's earnings, the stock was trading around $7.25. As of Thursday's close, the stock was priced at $5.85 per share. The 52-week low now stands at $5.52. TheStreet.com recently cursed the stock to sell status.

That's a steep move in such a short period of time, and now I have to ask myself: Is the stock a trade? I mean, a thought that immediately came to my mind upon seeing the current share price was that the Wall Street movers and shakers may have overshot on the selling here.

But then, other thoughts came to mind such as how badly the company has been doing. Also, as Zac Bissonnette recently pointed out, pornography isn't really recession-proof at all in this age of the Internet. Seekers of adult entertainment have seen their wallets benefit from the proliferation of the clip culture as expressed by sites like YouTube and its more porn-friendly counterparts.

Continue reading What the heck happened to Playboy (PLA)'s stock?

What the heck happened to Playboy (PLA)'s stock? originally appeared on BloggingStocks on Fri, 06 Jun 2008 11:45:00 EST. Please see our terms for use of feeds.

Playboy Enterprises, Inc. (NYSE: PLA) may not be doing so well, but it's still one of my favorite companies -- I'm a guy, so this makes sense. The company reported Q4 and full-year earnings today -- losses have widened, and I'm sure not a few investors out there are questioning the value of the brand.

Total net revenues saw a slight decline for the quarter, coming in at roughly $86 million. The company lost 3 cents per share on these revenues; in the previous year's quarter, Playboy actually booked a much more pulchritudinous 11 cents per share of positive net income. For the year, total net revenues didn't jump like a bunny -- $340 million versus $331 million. Net income, however, was much better, doubling to 15 cents per share. The company's year-end results benefited from a decline in interest expense, income tax obligations, and other costs. Sales of artwork were also cited by CEO Christie Hefner in the release.

The licensing operations are performing, but domestic TV and publishing are very weak. In fact, it is the publishing segment that really needs attention. It's been needing attention for a long time now -- for the year, subscription sales were down, newsstand sales were down, and advertising revenues rose by the smallest bit.

Long-term, I still have hope for Hugh Hefner's Playboy. It is an American icon, and its logo continues to propel licensing; plus, the company does have a nice presence in Vegas at the Palms Casino Resort. As Jonathan Berr reported back in November, you may want to remember that sex does indeed sell, and one has to assume that Playboy will be supplying that demand for years to come.

Playboy needs to get sexy again originally appeared on BloggingStocks on Wed, 13 Feb 2008 16:48:00 EST. Please see our terms for use of feeds.

Continue reading Playboy posts strong earnings, attracts hedge fund interest

Playboy posts strong earnings, attracts hedge fund interest originally appeared on BloggingStocks on Wed, 07 Nov 2007 09:43:00 EST. Please see our terms for use of feeds.

Ronco, the company made famous for late-night commercials promoting such useful products such as the pocket fisherman and of course the Veg-o-Matic, has hit hard times, and is currently in Chapter 11 bankruptcy. "But wait!" as the commercials used to say. "There's more!"

The bankruptcy court proceedings were recently livened up by a discussion of Jill Kelly, whom CFO.com described with a straight face as an "award-winning porn star." It turns out that former Ronco CEO Richard Allen has asked a U.S. Bankruptcy Court in California to examine what current CFO Ronald C. Stone disclosed about his work with Kelly as finance chief for Jill Kelly Productions, a producer of adult entertainment that's not of the Trivial Pursuit nature.

CFO.com, unfortunately, is light on the juicy details. Still, Allen mentioned in court an interview with Kelly by AVN (Adult VIdeo News) in which she disclosed firing Stone for poor performance (as CFO) and blamed him for allowing the company to fall into insolvency. The Web site adds that most of the assets of Kelly's company were later sold to Penthouse Media Group for $1.8 million.

Continue reading Porn and Veg-o-Matics: The Ronco story turns bizarre

Porn and Veg-o-Matics: The Ronco story turns bizarre originally appeared on BloggingStocks on Tue, 31 Jul 2007 19:29:00 EST. Please see our terms for use of feeds.