14 Sep

Playboy Reports 31M First Quarter Loss

first_imgPlayboy Enterprises, parent company of Playboy magazine, this morning announced its first quarter 2008 revenues were $78.5 million, down 8 percent over the same period in 2007. The company reported a net loss for the quarter of $3.1 million, down from a $1.5 million profit in 2007. Revenues in the publishing division fell 14 percent to $20.1 million, down from $23.3 million during the same period last year. The company also said it expects second quarter ad pages to be down about 5 percent.According to first quarter Publishers Information Bureau numbers, Playboy’s ad dollars were down 13.4 percent to $16.3 million. Ad pages dropped 4 percent over the quarter. In February, the company said it expected first quarter ad revenues would be downby as much as 30 percent. Playboy Enterprises chairman and CEO Christie Hefner said the company’s publishing and domestic entertainment businesses “continue to face unprecedented change in the way consumers access and use media content. We believe we are making good progress in streamlining our operations and improving the future performance prospects of these businesses.”Hefner noted also the company’s plans to redesign Playboy.com to “accelerate growth of that business, expand our total audience and create a better portal to our other properties.”First quarter revenues in Playboy’s entertainment business were $2.7 million, down from $4.3 million during the same period in 2007. Revenues in its licensing business were $6.7 million, down from $10.5 million last year.last_img read more

14 Sep

9 Executives On What Would Happen If Their Brands Vanished

first_img We live in a world of hyper competition among traditional players, new digital players and advertisers communicating directly with our audiences. With social media and “TV Everywhere,” audiences are massively distracted and have more choice than ever. If your brand went away, why would anyone care? What makes you unique and unduplicated? Today’s media mechanisms have made it easy for anyone to communicate a message to the masses. From the reader’s perspective those messages may or may not have credibility and value, depending on the source. We find that our readers continually turn to our trusted brand (both in print and digital editions) to find valuable solutions, ideas, and inspiration. If we pulled the FDMC brand out of the wood products manufacturing industry, there would be an enormous hole to fill in the hearts and minds of our loyal readership. Tim Fixmer CEO CCI Media Here’s a disparate collection of frank and illuminating responses. Click through to see the commentary. What makes our brand essential in the market is the surgical functions performed by our content team. This is true of any good b2b brand in this day and age, though it is applies to consumer products I am a reader of as well. Great content teams clearly understand their purpose and they perform their functions well. Now, more so than ever before, readers in any given industry segment need the content team to understand the key issues facing the readership. Once those issues are clearly understood (and in many cases they can change rapidly due to changing technologies) it is the content team’s responsibility to venture forth, seeking answers to questions and solutions to problems that lie at the core of the issues. As the question implies, there is no shortage of information out there, to be sure. Some of it is right on the money, some slightly off, some simple marketing hype, and some just plain dead wrong opinion. Our job is to interpret the information we uncover, fact check for validation, prioritize it, and present it in a meaningful way so that the reader can quickly grasp concepts, methods, and technologies that impact their day to day operations, solve their problems and become more effective businesspeople.center_img Prev1 of 9NextUse your ← → (arrow) keys to browse We at Folio: have been asking periodic questions of c-suite executives in magazine media. We’ve been publishing the responses verbatim on our web page and in our magazine. Our latest installment is this question: Prev1 of 9NextUse your ← → (arrow) keys to browselast_img read more

5 Sep

Sensex rebounds by 213 points on bargian hunting

first_imgBargain hunting and unravelling of short positions by investors propelled a barometer index of the Indian equities markets into provisionally closing with gains of 213 points on Thursday.The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) made gains after six consecutive days of losses. It provisionally closed higher by 213 points or 0.85 percent during the day’s trade.Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) made gains during the day’s trade. It rose by 71 points or 0.93 percent at 7,683.25 points.The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,136.71 points, provisionally closed at 25,248.56 points (at 3.30 p.m.) — up 212.52 points or 0.85 percent from the previous day’s close at 25,036.05 points.The Sensex touched a high of 25,289.58 points and a low of 25,034.14 points during the intra-day trade.The barometer index had receded by 1,134.23 points during the last six consecutive sessions, whereas the NSE Nifty declined by 343 points.Market observers said that short coverings of position by investors led the relief rally after six consecutive days of losses.”Markets ended in the green after six straight sessions of losses led by covering of short positions by traders,” Vaibhav Agarwal, vice president and research head at Angel Broking, told IANS.Agarwal pointed out that markets positive trajectory might be short-lived due to the logjam in parliament and absence of fresh triggers.”We do not expect any meaningful upside from current levels in the absence of any major trigger,” Agarwal elaborated.”Investors will watch out for inflation and industrial production data over the next couple of days, for further direction. We also expect volatility to spike next week ahead of the US FOMC (Federal Open Market Committee) meet.”Lately investors confidence was eroded due to the logjam in parliament which has dimmed the prospects of the Goods and Services Tax (GST) bill getting passed during the winter session.Should the bill not secure clearance in this session, it will miss its intended roll-out date of 1 April next year.Moreover, the continued selling of equities by the foreign investors ahead of a likely US rate hike spooked investors.Apart from value buying and short coverings, forecast of positive monthly industrial output and inflation data points slated to be released on Friday brought back investors said Anand James, co-head, technical research desk with Geojit BNP Paribas Financial Services.”Forecast and expectations of healthy index of industrial production (IIP) data and cooling of consumer price index (CPI) has added positive sentiment to the markets,” James told IANS.last_img read more

3 Sep

Travel permit restrictions to prevent return of militants

first_img*This report, originally appeared in Prothom Alo print editon, has been rewritten here in English by Nusrat Nowrin. Militant illustrationIn order to prevent the return of Bangladeshi militants who joined wars in Syria and Iraq, the home ministry has issued directives to Bangladesh embassies abroad not to issue travel permits without the ministry’s approval.This decision was reportedly taken at a recent meeting between the Inspector General of Police (IGP) and the top officials of home ministry.The home ministry’s immigration department under the security services division sent a letter to the foreign ministry on 16 May, stating that security threats had increased recently due to militant activities in the international arena. Granting travel permits without proper verification could pose as a threat to the country’s security, the letter said.Militants might conceal their identity and enter the country, the letter added, asking the foreign ministry to issue directives in this regard to Bangladesh’s diplomatic missions abroad.Home minister Asaduzzaman Khan said the airports have also been alerted about militants entering the country. The airports have been provided details of militants with Bangladeshi passports, he added.”The US has said certain militants who were Bangladeshi-origin US citizens, were also trying to enter Bangladesh. The agencies in Bangladesh do not have much information about the matter. As they did not have passports, they might try to get travel permits from the embassies and enter Bangladesh. That is why it has been decided to verify everyone’s identity before they enter the ocuntry. Anyone with a travel permit can return to the country as soon as the home ministry gives its approval,” the minister said.While asked whether this decision may hamper the return of immigrant Bangladeshi workers who had lost their passports for various reasons, Asaduzzaman said, “We will speedily send them approval by e-mail or fax.”According to sources in the law enforcement, many have gone to Syria and Iraq from Bangladesh, influenced by Islamic State (ISIS) ideology. The authorities do not have information on the exact numbers of these militants, whether they are dead or alive, or their whereabouts.The law enforcement sources referred to a foreign terrorist fighters’ list prepared by a certain western country, which said over 40 Bangladeshis went to Syria from Bangladesh in 2014-15. Many of them were killed and several landed in prisons in Syria and Iraq after being detained. Many Bangladeshi-origin citizens from other countries also went to Syria.Several other countries have already taken cautionary steps against militants of their respective countries from returning after the fall of ISIS in Syria.Officers of Dhaka Metropolitan Police CTTC (Counter Terrorism and Transnational Crime) unit stressed the need to verify the identities of the people coming from Syria, Iraq, Iran, Afghanistan, Pakistan, Turkey, and Lebanon as they may be militants returning from these countries.According to several sources, Mutaz Abdul Majid, a youth born and brought up in Saudi Arabia, came to Bangladesh from Turkey last February. He was taken into custody at the airport and later shown arrested.Mutaz had taken his passport from the Bangladesh embassy in Saudi Arabia and went to Turkey using the passport in 2016. Later, the Turkish police detained him and sent him to Bangladesh. However, the law enforcement here could not verify as yet whether Mutaz fought in Syria on any militant front.Militants have been blacklisted in many countries, and so will try to enter any country with a travel pass, CTTC chief Monirul Islam said.Fast travel passes are often sought to send back illegal workers. Militants may try to use such travels passes to return to the country and so the home ministry has issued the alert in this regard.last_img read more

1 Sep

EdFest to Showcase DC Public Schools

first_imgEdFEST, an annual event that showcases the city’s many public school options (PK3 through 12th grade)will kick off Nov. 22 at the D.C. Armory, located at 2001 East Capitol St. S.E. from 11 a.m. to 3 p.m. Parking for the event is free. Participants can meet representatives from more than 175 DCPS and public charter schools, find out, first hand, about each school’s programs and services, including special education and services for English Language Learners (ELLs), learn about My School DC, the online common lottery, and get a hands-on introduction to the lottery process from My School DC staff, explore social and educational programs from city agencies and enjoy recreational activities for all.The D.C. Department of Health, Department of Parks and Recreation, Public Library will participate as well. Interpretation in sign language, Spanish, Amharic, Mandarin, Vietnamese, and French will be available throughout the day.last_img read more