Playboy Pulls Out of NYC

You know things are bad when the porn industry starts asking for a bailout. On top of the financial crisis, print porn has been up against free internet porn for years now, and even Hugh Hefner is feeling the effects. Alley Insider is reporting that New York City will soon be bidding farewell to the magazine, as they sublet their offices here and "move an unspecified 'small number' of positions to Chicago." The Post has it that "Playboy is combining its Web site and magazine staff into one editorial organization," and the magazine's editorial director, Chris Napolitano, is being replaced by the current online director Jimmy Jellinek. So far the magazine has been mum about the move.