The first U.S. Issue of Penthouse, September 1969 Categories, Lifestyle Frequency Monthly Total circulation (2012) 109,792 Year founded March 1965; 53 years ago ( 1965-03) Company WGCZ HoldingCountry Language English Website Penthouse is a founded. It combines urban lifestyle articles and pictorials that, in the 1990s, temporarily evolved into. Although Guccione was American, the magazine was founded in 1965 in the. Beginning in September 1969, it was sold in the as well. Penthouse has been owned by Penthouse Global Media Inc. The complete assets of Penthouse Global Media were bought out by WGCZ Holding (the owners of ) in June 2018 after winning a bankruptcy auction bid.
The Penthouse logo is a stylized key which incorporates both the and symbols in its design. The magazine's models are known as and customarily wear a distinctive necklace inspired by this logo. Contents. Bob Guccione At the height of his success, Guccione, who died in 2010, was considered to be one of the richest men in the United States. In 1982 he was listed in the ranking of wealthiest people. An April 2002 article reported Guccione as saying that Penthouse grossed $3.5 billion to $4 billion over the 30-year life of the company, with net income of almost half a billion dollars. Publication history Penthouse magazine began publication in 1965, in the UK and in North America in 1969, an attempt to compete with 's.
Guccione offered editorial content that was more sensational than that of Playboy, and the magazine's writing was far more investigative than Hefner's upscale emphasis, with stories about government cover-ups and scandals. Writers such as, and exposed numerous scandals and corruption at the highest levels of the United States Government. Contributors to the magazine included such writers as, and. The magazine was founded on humble beginnings. Due to Guccione's lack of resources, he personally photographed most of the models for the magazine's early issues. Without professional training, Guccione applied his knowledge of painting to his, establishing the diffused, look that would become one of the trademarks of the magazine's pictorials.
Guccione would sometimes take several days to complete a shoot. As the magazine grew more successful, Guccione openly embraced a life of luxury; his former mansion is said to be the largest private residence in at 22,000 square feet (2,000 m 2). However, in contrast to, who threw wild parties at his, life at Guccione's mansion was remarkably sedate, even during the hedonistic 1970s. He reportedly once had his bodyguards eject a local radio personality who had been hired as a and jumped into the swimming pool naked. The magazine's pictorials offered more sexually explicit content than was commonly seen in most openly sold of the era; it was the first to show female, followed by full-frontal nudity and then the exposed and. Penthouse has also, over the years, featured a number of authorized and unauthorized photos of celebrities such as and.
In both cases, the photos were taken earlier in their careers and sold to Penthouse only after Madonna and Williams became famous. In the late 1990s, the magazine began to show more 'fetish' content such as urination, bondage and '. On January 15, 2016, a press release emanating from then owner FriendFinder Networks announced that Penthouse would shutter its print operations and move to all digital. However, managing director Kelly Holland quickly disavowed the decision and pledged to keep the print version of the magazine alive. Financial history In 1982, Guccione was listed in the Forbes 400 ranking of wealthiest people, with a reported $400 million net worth. An April 2002 New York Times article quoted Guccione as saying that Penthouse grossed $3.5 billion to $4 billion over the 30-year life of the company, with a net income of almost $500 million. In an effort to raise cash and to reduce debt, Penthouse sold its portfolio of several automotive magazine titles in 1999, for $33 million cash to Peterson Automotive, the national automotive-publishing group.
The first issue of the Chinese-language Playboy magazine virtually sold out its initial print run of 50,000 copies in two days in Hong Kong, its publisher.
While these titles were successful, it is widely reported that the science and health magazines and Longevity cost Penthouse almost $100 million, contributing to its eventual financial troubles. Bankruptcy On August 12, 2003, General Media, the parent company of the magazine, filed for Chapter 11 bankruptcy protection. Immediately upon filing, entered into a $5 million credit line with General Media to provide General Media working capital.
In October 2003, it was announced that Penthouse magazine was being put up for sale as part of a deal with its creditors. On November 13, 2004, Guccione resigned as Chairman and CEO of Penthouse International, the parent of General Media. Penthouse filed for protection on September 17, 2013.
The magazine's owner ’s current was wiped out and was no longer traded on the open market. In August 2013, FriendFinder’s stock was delisted from because it consistently failed to trade for more than $1. As of 2015, General Media Communications, Inc. Publishes entertainment magazines and operates as a subsidiary of FriendFinder Networks Inc. Ownership change In February 2016, Penthouse Global Media — a new company headed by Penthouse Entertainment managing director Kelly Holland — acquired the Penthouse brand from FriendFinder Networks. Penthouse Global Media filed for on January 11, 2018 to address debt related issues.
All assets of Penthouse Global Media, Inc. Were bought out by WGCZ Holding, operators of, on June 4, 2018 after winning a bankruptcy auction for US$11.2 million, other companies such as also participated in the auction. Awards and recognition The magazine's editorial content was praised and recognized by those in the academic field. In 1975, for example, Guccione was honored by for focusing 'his editorial attention on such critical issues of our day as the welfare of the veteran and problems of criminality in modern society.' Guccione was also praised by certain professional groups and associations for his dealings with them.
In April 1978, he was named 'Publisher of the Year' by the Atlantic Coast Independent Distributors Association in gratitude for his 'leadership, his fair treatment and his continuing friendship with our members.' In 2013, director Barry Avrich made a film about Guccione's life entitled. It was produced by and, who have since created a premier website inspired by Bob Guccione as an extension of the film called Filthy Gorgeous Media. The film had its world premiere at The Toronto Film Festival on September 9, 2013. Publishing milestones Traci Lords and Vanessa Williams The September 1984 issue of Penthouse magazine would eventually become because of its centerfold,. Lords posed nude for this issue at the beginning of her career as an adult film star. It was later revealed that Lords was throughout most of her career in pornography and was only 15 when she posed for Penthouse.
The same issue also caused controversy with nude pictures of that caused her to be stripped of her crown. Move from softcore to hardcore pictorials and back In 1998, Penthouse decided to change its format and began featuring sexually explicit pictures (i.e., actual ), beginning with photos from the famed featuring and. It also began to regularly feature pictorials of models, which, until then, had been considered a defining limit of illegal obscenity as distinguished from legal pornography. A different approach to restoring sales was attempted by the UK version of the magazine in 1997.
Under the editorship of, the magazine was rebranded as PH.UK and relaunched as middle-shelf 'adult magazine for grown-ups'. Fashion photographers (such as Corinne Day of magazine) were hired to produce images that merged sex and fashion.
The magazine's editorial content included celebrity interviews and tackled issues of sexual politics. The experiment attracted a great deal of press interest but failed to generate a significant increase in sales. PH.UK closed in late 1998. The new owners significantly softened the content of the magazine starting with the January 2005 issue. Penthouse no longer showed male genitalia, real or simulated male-female sex, or any form of explicit hardcore content. (It does still feature female-female simulated sex on occasion.) While this change allowed the return of a limited number of mainstream advertisers to the magazine, it has not significantly raised the number of subscribers; total circulation is still below 350,000.
Some of Penthouse 's secondary publications, such as Girls of Penthouse, continue to feature occasional images of explicit sex, either classic sets from the 1990s issues or stills of adult video shoots staged by the company's Digital Media division. Other ventures Film In 1976, Guccione used about $17.5 million of his personal fortune to finance the controversial, with in the and a supporting cast including, and. The film, which was eventually released in late 1979, was produced in Italy (made at the Dear Studios in Rome) and was directed. In 2001, Penthouse Presents began running on.
Other publications Guccione also created the magazines, and Longevity. Later Guccione started which predominantly featured erotic writing and stories. In 1993, Penthouse published adult spin-off entitled featuring sexually explicit stories. After initial success, Penthouse Comix expanded into a line of 4 illustrated magazines with the addition of Penthouse Max and Penthouse Men's Adventure Comix and Omni Comix. Penthouse Variations is a monthly magazine containing ostensibly reader generated (primarily) and some pictures and reviews.
It is a spin-off magazine from Penthouse Letters. It was initially published in 1978. Variations focuses on 'kinkier' topics of such as, and among others. Casinos In 1970, the Penthouse Club in London, England operated a casino. However, the next year the casino license was revoked by the gaming authorities.
In 1972, Penthouse opened the Penthouse Adriatic Club casino on the island of in (now ) at a cost of $45 million. However, the casino filed for bankruptcy the next year and was closed.
In 1978, Penthouse began construction of the in. However, Penthouse was unable to raise additional funding and construction stopped in 1980. The project sat idle until acquired the site in 1993. Auto racing.
Main articles: and January 2011, Penthouse announced the first 3D HD porn channel, which will be available in second quarter 2011. They shoot using dual lenses, and it will consist of available Penthouse HD Channel lineup covering over 30 platforms in more than 15 countries.
Wine and spirits In January 2015, Penthouse announced its entry into the and. The line of products were to debut at the 2015 in Las Vegas. Called Libido Libations, the spirits line is distributed by and produced. The wine offerings are the result of a partnership with California vintner John Crossland and Randal Tomich of the Australian winery, Tomich Wines. Legal disputes Editorial lawsuit In March 1975, Penthouse published an article headlined 'La Costa: The Hundred-Million-Dollar Resort with Criminal Clientele,' written by and.
The article indicated that the in was developed by and using loans from the Pension Fund and that the resort was a playground for organized crime figures. The owners, along with two officials of the resort, Morris B. And Allard Roen, filed a libel lawsuit for $522 million against the magazine and the writers. In 1982, a jury absolved the magazine of any liability against the lawsuit from the owners. The plaintiffs appealed, but in December 1985, before a new trial could begin, the two sides settled. Penthouse issued a statement that they did not mean to imply that Adelson and Molaskey are or were members of organized crime.
In turn the plaintiffs issued a statement lauding Penthouse publisher Guccione and his magazine for their 'personal and professional awards.' Total litigation costs were estimated to exceed $20 million. Penthouse Media Group In 2006, Guccione sued Penthouse Media Group for fraud, breach of contract, and conspiracy, among other charges. Some of the people named in the case included Marc Bell, Jason Galanis, Dr. Fernando Molina, Charles Samel, and Daniel C.
National rampage protests In December 1984, a group of began a civil disobedience campaign against Penthouse which they called a National Rampage. Led by and, they went into stores selling copies of the magazine and ripped them up, and they also burned an effigy of in front of a bookstore in Madison, Wisconsin.
In late 1985 the group began to focus on the printer of Penthouse,. They bought shares in the company and attended their annual stockholder's meeting. The women were not allowed to speak but they removed their coats, revealing images from a Penthouse shoot about —among which two poses were construed by Farley to evoke dead bodies—ironed onto their shirts. International versions As of 2015:. Australia edition. Bulgarian edition (discontinued). Dutch edition.
German edition. Greek edition. Hong Kong edition (discontinued). Hungarian edition. New Zealand edition. Portuguese edition. Russian Edition.
Spanish edition. Thai edition. United Kingdom edition. United States edition See also. February 22, 2016.
Retrieved March 12, 2016. ^ Mark Kernes (5 June 2018). Retrieved 6 June 2018. Back In Time Rare Books. Retrieved April 9, 2017.
United Press International, Inc. December 8, 2009. Retrieved April 9, 2017. Munk, Nina., September 25, 2005. Carr, David., April 8, 2002. Di Hand; Steve Middleditch (10 July 2014).
Retrieved 2 August 2015. ^ Anthony Haden-Guest, The Observer, February 1, 2004. from. Yu, Roger (January 20, 2016). Gannett Company. Retrieved March 11, 2016. Munk, Nina (September 25, 2005).
The New York Times. Carr, David (April 8, 2002).
The New York Times. October 21, 2015. Retrieved November 17, 2017. Haden-Guest, Anthony (2004).
New York Magazine. Retrieved February 23, 2017. Retrieved November 17, 2017. Pfeifer, Stuart (September 17, 2013). Retrieved September 18, 2013. Bloomberg Business Week. Retrieved April 2, 2014.
Huffington Post. Retrieved 14 November 2016. 12 January 2018. Retrieved 6 June 2018. Penthouse Forum.
Archived from on May 8, 2013. Retrieved January 30, 2013. Jeremy Frommer. Retrieved July 1, 2014.
Lords, Traci Elizabeth. Traci Lords: Underneath It All. New York: HarperCollins, 2003. Kane, Gary (October 21, 2010). Associated Press. Retrieved September 15, 2014. Latest figures from the Audited Bureau of Circulation.
Retrieved May 3, 2013. Casino Gambing Attracts 'Penthouse' Publisher The Evening Independent March 25, 1978. January 10, 2011. Adult Video News. Retrieved 18 January 2015. Retrieved 18 January 2015. External link in website=.
Retrieved 18 January 2015. Court Revives La Costa Spa's Penthouse Suit. Penthouse, Resort End Legal Battle in a Draw. Amon, Elizabeth (August 12, 2008). Archived from on October 22, 2012.
Retrieved 2 August 2015. (1992), 'Nikki Craft: Inspiring protest: The rampage against Penthouse', in; Radford, Jill, Femicide: the politics of woman killing, New York Toronto: Twayne Publishers, pp. 339–345,. October 2, 2010.
External links Wikimedia Commons has media related to.
Measurements (B-W-H): 34/24/35
Born Apr 16, 1976, Shu Qi's original name is Lin Lihui and her English name is Shu Fanny. Shu Qi is the most successful actress who transferred from a Category III films actress to a mainstream movies actress. More importantly, she has won a variety of awards, including Best Supporting Actress and Best Newcomer in the 16th Hong Kong Film Awards, Best Supporting Actress in the 35th Golden Horse Award and Best Actress in the 42nd Golden Horse Award. Besides, her mouth was chosen by E! as the most sexy mouth in the world.
She began in the softcore porn modeling industry, appearing on the cover of Penthouse Hong Kong in the February 1995 issue and the Chinese edition of Playboy magazine. She starred in some Category III films by the famous Hong Kong producer Manfred Wong, includingSex & Zen IIandRed Light Districtin 1996.
Although she is very successful with her career, her love life is still empty. She didn't find a new boyfriend after her broke up with the famous actor Leon Lai Ming several years ago.