Playboy Enterprises reported a quarterly net profit that soundly beat the Street’s expectations, thanks to strong performances in its VOD and online operations. 4Q net profit was $14.5mln, compared with a YOY net loss of $6.7mln. Although the company did not reveal its VOD dollar figures, 5mln HHs accessed its on-demand product in 4Q, a 212% increase from the previous year’s 1.6mln. SVOD was also up, reaching 1.5mln HHs vs 800K in 4Q’03.

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Monday–August 17

Optimum Receives Warning Over Stock Price

Optimum was handed a formal warning from the NYSE that the company’s Class A common stock price averaged below the $1.00 minimum requirement for 30 consecutive trading days.

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