Penthouse Global Media sold for $11.2 million at auction to porn site owner
by David Ng, Los Angeles Times
Jun 08, 2018
2 minutes
The parent company of Penthouse magazine has been sold at auction for $11.2 million, five months after the adult entertainment brand filed for Chapter 11 bankruptcy protection in a federal court in California.
Penthouse Global Media is being taken over by the Czech porn site operator
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