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Newsweek: On Newstands May 12- How Penthouse and Playboy are Diversifying their Business

“Penthouse Gets Pious” (p. 47). Los Angeles Correspondent
Jennifer Ordonez reports on how the proliferation of online porn has forced
standard fare adult magazines like Playboy and Penthouse to diversify their
businesses. Last December, Penthouse acquired social network behemoth
Various, Inc.

The company’s subsidiaries now include a number of online
dating sites, with a combined 250 million members since they were founded,
and 1.2 million current subscribers who pay for content.

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