Penthouse is younging and sprucing up—it's not your creepy uncle's backwoods porno magazine anymore, no sir! We imagine that by later this year, Annie Leibowitz will be shooting the chestiest working women of the world in flat full color. Then she can repurpose the photos into crappy prints on foamcore and show them at the Corcoran! Also Mario Testino's going to shoot Tawny Kitaen.
Really, It's Art [WWD]