FriendFinder to Announce Playboy Bid on Thursday

BOCA RATON, Fla. — FriendFinder Networks Inc. plans to make public its proposal to buy Playboy Enterprises Inc. on Thursday, CEO Marc Bell told XBIZ.

"We think it's a good fit," said Bell, who noted that Playboy had been on his radar for "some time."

"Other than that, you'll have to wait for the details I will disclose on Thursday at 12:30 p.m. [EDT]," he said.

FriendFinder announced it would be interested in Playboy shortly after Playboy founder Hugh Hefner offered Monday to take the company private for $5.50 a share in cash.

With Hefner's bid, the company's value stands at $185 million.

Hefner earlier this week said in a letter to Playboy's board that he had no interest in entertaining discussions of a merger or sale of his stake to another party.

And on Wednesday, he confirmed that. "My interest in taking Playboy private is prompting some crazy rumors," he said. "Playboy isn't in play. I'm buying, not selling."

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Roxie Rae Relaunches Site Through XSiteAbility

Roxie Rae has relaunched her site through XSiteAbility.

Nicole Nixon Stars in Latest From Immoral

Nicole Nixon stars with Matt Bird, Dean Van Damme, and "Porno Dan" Leal in a new three-part release from Immoral Productions.

Kiki Cali Toplines 'Pleasure Vixens 4' From BAM Visions

Kiki Cali headlines the fourth volume of "Pleasure Vixens," co-directed by multi-XMAs winner Mick Blue and Maestro Claudio, aka BAM Visions, from Evil Angel.

Brianna Coppage Makes Her WIFEY Debut

Creator Brianna Coppage stars with her husband Phillip and Jax Slayher in the latest release from Vixen Media Group studio imprint WIFEY.

Isa Bella, Selena Ivy Topline 'Lesbian Sex 28'

Isa Bella and Selena Ivy headline the latest release from Girlfriends Films, titled “Lesbian Sex 28.”

Catherine Knight Stars in Latest From Brazzers

Catherine Knight stars in the latest release from Brazzers, titled "GRWM (To Fuck)."

Federal Appeals Court Vacates FTC 'Click to Cancel' Rule Pending Review

The U.S. Court of Appeals for the 8th Circuit on Tuesday vacated the Federal Trade Commission’s “click-to-cancel” rule aimed at making it easier for consumers to cancel online subscriptions, pending further review.

Elegant Angel Premieres Nicole Kitt Showcase 'Cats Eye'

Nicole Kitt gets the spotlight in a new four-part showcase release from Elegant Angel.

Private Releases 'The Love Hotel 2'

Private has released “The Love Hotel 2,” directed by Dave Menich.

Show More