In a conference call with analysts Wednesday, the temporary head of Playboy Enterprises said he was open to ideas of a sale or reorganization following $145.7 million fourth quarter loss suffered by Playboy.
Playboy interim chief executive Jerome Kern explained the Q4 loss to $146.4 million non-cash charges the firm took to write down television properties acquired by Playboy in the late 1990s. Compared to the same period in 2007, the enterprise reported a 2007 Q4 loss of only $1.1 million.