xbiz world
xbiz premiere

Playboy Provides Programming Inventory, New Information on DirecTV Suit

CHICAGO — Playboy Enterprises said it expects that the results for the third quarter ending Sept. 30 will include a non-cash write-down, which is primarily related to television programming inventory.

This charge, according to preliminary estimates, is likely to be in excess of $20 million.

The company said that the quarter's results are expected to include bad debt expense of approximately $1 million and domestic TV contra revenues of approximately $3 million, which reflect DirecTV’s failure to make payments for TV programming it receives from the company.

DirecTV is withholding payments in conjunction with a lawsuit filed in California Superior Court alleging that Playboy was in breach of its contract.

Playboy believes that DirecTV is wrongfully withholding payment and that its allegations are unfounded and premature.

Playboy is defending the lawsuit and said that it will release full third-quarter earnings on Nov. 9.

Related:  

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

NYU Study Finds Age Verification Laws Don't Work

A group of university researchers has published a study whose findings suggest that age verification laws are ineffective at achieving their stated goal of preventing minors from accessing adult content.

Illinois Lawmakers Propose Decriminalizing Consensual Sex Work

Lawmakers in Illinois have introduced a bill that would completely decriminalize consensual sex work in the state.

Proposed Australian eSafety Codes Include AV Requirement for Adult Sites

Australia’s online safety regulator, eSafety, is reviewing the final draft of proposed safety codes that include a requirement for adult sites to implement age assurance measures for Australian users.

Ofcom Q&A: Preparing for Age Verification Under the UK's Online Safety Act

In January, the U.K.’s online safety regulator, Ofcom, published its guidance on how online services that host adult content need to verify users’ ages under Ofcom’s rules.

Alabama Senate Committee Approves Device-Based Filtering, App Store-Based AV Bills

The Alabama state Senate’s Children and Youth Health Committee on Thursday approved two bills intended to prevent minors from accessing adult content online, one aimed at device manufacturers and the other aimed at app store providers.

Sen. Mike Lee Renews Push for Federal AV Legislation

Republican Sen. Mike Lee of Utah on Wednesday reintroduced a federal age verification bill that has twice previously failed to make it through Congress.

South Dakota Governor Signs AV Law With Criminal Charges

South Dakota Governor Larry Rhoden has signed into law a bill imposing criminal charges on sites that fail to perform age verification of users when providing access to adult content.

UK Pornography Review Recommends Banning 'Extreme' Content

The “pornography review” initiated under the conservative government of former U.K. Prime Minister Rishi Sunak is soon expected to present its recommendations, which according to a BBC report will include banning any adult content deemed “degrading, violent and misogynistic.”

Malaysian Government Urges Tech Companies to Continue Porn Crackdown

Communications Minister Fahmi Fadzil has asked all social media and online messaging platforms with at least 8 million users to register as application service providers beginning this year, in an effort to monitor and prevent pornography on such sites.

Ms. Magazine Exposes Anti-LGBTQ+ Effects of AV Laws

Ms. magazine on Tuesday published an article examining how state age verification laws, promoted as a way to protect children online, are being used to censor LGBTQ+ and abortion-related content.

Show More