Joe Lensman, an adult industry visionary, has abruptly quit Playboy Enterprises Inc., where he oversaw the company’s multiple online properties.
Playboy’s revenue in third quarter 2008 was $70.4 million, down from $82.8 million in the same period last year. Even with that reflecting less revenue channels because Playboy sold its television studio assets and outsourced its e-commerce operations, lower than expected Playboy Entertainment Group performance impacted the company’s bottom line
Matis will be consulting across all Playboy online media properties in addition to his duties of running GFY, RealityCash and Playboy Webmasters.
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