PLBY Group Inc (PLBY) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Restructuring

PLBY Group Inc (PLBY) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Restructuring

Playboy magazine will not be a primary revenue driver but will serve as a promotional tool and brand marketing vehicle. The partnership with Borg involves a $300 million total minimum guarantee over 15 years, with $20 million annual payments for operating digital properties and developing new business lines.

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