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Tag: Virgin Airlines
Hugh Hefner To Sell ‘Playboy’ To Richard Branson?
by roberta on May.25, 2009, under articles
Rumor has it that “Playboy” mogul, Hugh Hefner is set to sell his multi-million dollar publication to Virgin Airlines mogul, Richard Branson.
Say what?!?? I never thought the time would come, but that’s the rumor.
According to sources, Playboy Enterprises is trying to battle the recession along with the rise in internet pornography. They reportedly posted losses of $13 million for the first three months of 2009.
The source reveals that Hef has a $300 million offer on the table.
Think Branson will bite?
The powers that be at Playboy might just think so:
A Playboy spokesperson denies any offers have been made, but admits Hefner would “listen to proposals that could create value for all of our shareholders”.
sucker