Playboy Drops DVDs for Online Video

Courtesy WebProNews - Financial  Thu, 10/16/2008 - 19:00

PlayboyIf this isn't a shining example that online video is taking over, I don't know what is.

Playboy is going so far as to completely shut down their DVD business to move all of their video content to the Internet.

"Unlike other companies that began in print, we have profitable television, online and mobile businesses, which have domestic and international growth potential," said CEO Christine Hefner.

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