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if one looks at the financial statement, they would find playboy has been losing millions of dollars every quarter. the assumed $300,000/quarter gfy generates has virtually zero impact on the bottomline of playboy.
hardly a cash cow for the parent company. let's double the assumption, $600k/quarter and playboy is still losing ~$6 million every 3 months. gfy is a blip on the earning report radar of playboy.
selling it would net the playboy owners a few million and it would be a potential cash cow for the new owners but they would still have to earn the buy money back.
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