Playboy

50 years ago Playboy was a phenomenon. They opened their first Playboy Club in Chicago--a place to see and be seen. At the time, Hef lived on State Parkway and the magazine was thriving.

It's still breathing, but it's on life support. I suspect when Hef dies, the magazine will die with him. It's been a good run.

Read all the details of their latest cost cutting efforts here.