Playboy founder Hugh Hefner buying back iconic adult magazine

Posted on January 12, 2011 (Tammy)

Playboy founder Hugh Hefner is buying back his iconic magazine. Hefner will splash out $6.15 a share, which values the company at $207m, after convincing his board to buy back the adult mag from a private equity firm. Hefner, 84, owns 70 per cent of Playboy shares and beat out a rival bid from the [...]

Martin Scorsese donates $275,000 to BFI’s Hitchcock campaign

Posted on (Tammy)

Filmmaker Martin Scorsese has donated $275,000 to the BFI’s campaign to Rescue the Hitchcock 9 through his Film Foundation. The initiative was set up to support the restoration of Alfred Hitchcock’s nine silent films and it was recently given its largest single donation. The Film Foundation supported the project by donating $275,000 in partnership with [...]