Gawker 
May 22, 2009 12:31 PM
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THE HEF is reportedly floating his Playboy Enterprises empire for sale, for a bargain-basement price of $300 million. That's way more than the company's actually worth—porn is free, nowadays—but THE HEF needs all the extra cash to continue paying his concubines until he collapses. Seriously, that's why he's asking for so much.
read more: #mediacrack, #media, #journalismism, #newspapers, #magazines, #playboy, #newsweek, #time, #michaelkinsley, #fuckingcops, #recessionomics, #failure
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