PLA » Topics » Item 7.01. Regulation FD Disclosure.

This excerpt taken from the PLA 8-K filed Dec 7, 2006.

Item 7.01. Regulation FD Disclosure.

 

Playboy Enterprises, Inc. (the "Company") today announced that its senior management team will be presenting at Credit Suisse’s 8th Annual Media and Telecom Week Conference at 8:50 a.m. Eastern on Thursday, December 7, 2006. The team also will present at the UBS 34th Annual Global and Media Communications Conference at 2:30 p.m. Eastern on the same day. A copy of the slide presentation to be delivered by the Company at each conference is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Section 9—Financial Statements and Exhibits

 

This excerpt taken from the PLA 8-K filed Dec 5, 2005.

Item 7.01. Regulation FD Disclosure.

 

On December 5, 2005, Playboy Enterprises, Inc. (the "Company") presented at the Credit Suisse First Boston Global Media Week Conference in New York. On December 5, 2005, the Company issued a press release announcing certain statements made by the Company at the conference. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Section 9—Financial Statements and Exhibits

 

This excerpt taken from the PLA 8-K filed Oct 11, 2005.

Item 7.01.   Regulation FD Disclosure.


                On October 11, 2005, Playboy Enterprises, Inc. expects to disclose the following to certain investors, shareholders and analysts. In the discussion below, the terms “we,” “us” and “our” refer to Playboy Enterprises, Inc.

Publishing


                Effective with the January 2006 issue of Playboy, we will be adjusting the magazine’s rate base down 4.7% to 3.0 million. This adjustment is the first in 10 years and maintains both the magazine’s circulation leadership and its position in the 3.0 to 3.4 million rate base range that we’ve maintained for 20 years. This reflects the continuing industry-side pressure on newsstand sales, which makes it very difficult to predict sales. Moreover, with the significant increases in paper and postage combined with the weak advertising in the men’s field, this new rate base creates a stronger business model. Effective with the new year, we will be raising our advertising CPM 8%, but due to the rate base reduction, the out-of-pocket increase will only be 3%.

                In addition and effective with the February issue, we will raise the cover price of Playboy by $1.00. We have tested this increase in half the country and are encouraged by the results.

                We also are adding two new licensed international editions – one in the Ukraine, the other in Argentina – which will bring to 20 the total number of foreign titles.

Entertainment


                Last week we signed an agreement with Comcast for distribution of our movies on that company’s VOD platforms and of Playboy TV as a SVOD service. We expect the roll out to begin this quarter.

                Additionally, we recently acquired ICS Inc., an online distribution business with an extensive affiliate network. We expect this acquisition to create opportunities to promote our web sites to a broader audience and to roll out new products, sites and distribution outlets.

Earnings


                We expect to release earnings on Wednesday, November 2. Information regarding the conference call will be coming shortly.

                The information set forth under “Item 7.01 Regulation FD Disclosure” shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.







SIGNATURES


                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:  October 11, 2005   PLAYBOY ENTERPRISES, INC.

    By:  /s/ Linda G. Havard
       
  Linda G. Havard
Executive Vice President,
Finance and Operations, and
Chief Financial Officer



This excerpt taken from the PLA 8-K filed Mar 10, 2005.

Item 7.01.    Regulation FD Disclosure.


                On March 9, 2005, Playboy Enterprises, Inc. (“Playboy”) announced the pricing of a private offering of $100 million aggregate principal amount of convertible senior subordinated notes due 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Section 9—Financial Statements and Exhibits


This excerpt taken from the PLA 8-K filed Mar 9, 2005.

Item 7.01.    Regulation FD Disclosure.


                On February 22, 2005, Playboy Enterprises, Inc. (“Playboy”) announced that its wholly owned subsidiary PEI Holdings, Inc. had commenced a cash tender offer and a consent solicitation with respect to all $80 million of its 11% Senior Secured Notes due 2010 (the “Notes”). As of the consent deadline on March 7, 2005, all $80 million of the Notes had been tendered with consents. The total amount to be paid in respect of the tendered notes is approximately $94.9 million in cash, based on consideration of $1,186.68, which includes a consent payment of $20, for each $1,000 principal amount of Notes tendered.

                Completion of the tender offer and consent solicitation is subject to the satisfaction of certain conditions, including receipt of requisite consents, which condition has been satisfied, and availability of sufficient financing to complete the tender offer and consent solicitation.

                In a press release issued on March 8, 2005, Playboy announced that it intends to offer in a private offering, subject to market conditions and other factors, $100 million aggregate principal amount of convertible senior subordinated notes due 2025. Playboy expects that the issuance of these new notes, if completed, would satisfy the financing condition for the completion of the tender offer. A copy of the press release is attached hereto as Exhibit 99.1.

                Playboy expects to record in the first quarter of 2005 a cash charge of approximately $14.9 million relating to the purchase of the Notes and the payment of consent fees in the tender offer, assuming that the purchase of the tendered Notes is completed by the end of the first quarter of 2005. Additionally, Playboy expects to record a noncash charge of approximately $4.1 million related to the write-off of unamortized financing and professional fees resulting from the purchase of the Notes in the tender offer.

Section 9—Financial Statements and Exhibits


This excerpt taken from the PLA 8-K filed Feb 23, 2005.

Item 7.01.    Regulation FD Disclosure.


                On February 22, 2005, Playboy Enterprises, Inc. issued a press release announcing that its wholly owned subsidiary PEI Holdings, Inc. has commenced a cash tender offer and a consent solicitation with respect to all $80 million of its 11% Senior Secured Notes due 2010. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Section 9—Financial Statements and Exhibits


This excerpt taken from the PLA 8-K filed Feb 9, 2005.

Item 7.01. Regulation FD Disclosure.


                The information set forth under Item 2.02 of this report is incorporated herein by reference.

                The information set forth under “Item 2.02. Results of Operations and Financial Condition” and “Item 7.01. Regulation FD Disclosure,” including the Exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.



SIGNATURES


                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     PLAYBOY ENTERPRISES, INC.

February 9, 2005   By:  /s/ Linda G. Havard
       
  Linda G. Havard
Executive Vice President,
Finance and Operations, and
Chief Financial Officer







EXHIBIT INDEX


Exhibit
Number
  Description

99.1   Condensed Statements of Consolidated Operations.




Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki