Penthouse Files for Bankruptcy

NOT SO STEAMY

Updated Apr. 20, 2017 4:52PM EDT / Published Sep. 18, 2013 8:08AM EDT

Paul J. Richards/AFP/Getty

Is Penthouse just not as steamy in the age of the Internet? The California company that owns the sexy magazine as well as a number of online dating sites filed for bankruptcy protection on Tuesday. Penthouse is owned by FriendFinder Networks Inc., which was formed in 2007 when Penthouse Media Group bought Various Inc., and it went public in 2011 under its current name. Under bankruptcy protection, FriendFinder’s current common stock will be wiped out and it will no longer be traded on the open market. Last month, FriendFinder’s stock was delisted from Nasdaq because it failed to trade for more than $1. Yikes.

Read it at Los Angeles Times

DeSantis Blasted by Newsom’s In-Laws for ‘Slimy’ Debate Lie

Ron DeSantis claimed during last week’s debate that Newsom’s father-in-law recently fled California over high tax and crime rates. That isn’t exactly true, Kenneth Siebel says.

Comer’s Latest ‘Evidence’ of Biden Corruption Fizzles Out

What’s got the congressman so hot under the collar this time? Previously reported bank records showing Joe Biden fronted his son $4,000 for a truck, of course.

Rocket Hit Israeli Base With Suspected Nuclear Weapons: NYT

A visual investigation by The New York Times showed that the rocket caused a fire at Sdot Micha Airbase, but spared the nuclear warheads believed to be housed there.

Netflix Kills Robert Pattinson Serial Killer Comedy: Report

“Average Height, Average Build” has been scrapped after director Adam McKay’s decision to pivot to a project focused on climate change.

Woman Cleared of Murder in Baby’s Death During Home Birth

Kelsey Carpenter pleaded to a lesser charge last month, and with time served, could be free as early as January, her lawyers said.

Hollywood Stars Are Donating to Lauren Boebert’s Opponent

More than a dozen actors, musicians, and filmmakers have donated to Adam Frisch, a Democrat who narrowly lost to the right-wing firebrand in 2022.

Remains of Five Crew Members Found in Japan Osprey Wreckage

Since 2007, dozens of U.S. military personnel have been killed in Osprey accidents.

Daily Beast Scoops Up Los Angeles Press Club Awards

Obsessed, our one-stop shop for everything to see and skip in pop culture, got second place in the best entertainment site category.

Penthouse Files for Bankruptcy

Paul J. Richards/AFP/Getty