Penthouse Says It's Still in the Print Magazine Business

Rep suggests CNBC reporter misinterpreted company press release.

What the Guccione?!

Following a Jan. 15 report that Penthouse magazine is going digital, a representative for the publication today is correcting that news. From Roger Yu’s USA Today item:

“We are truly committed to the magazine,” Kelly Holland, managing director of Penthouse Entertainment, said Tuesday. “There’s gravitas about the print page that you can’t replace…”

Holland says the reports misinterpreted the company’s press release, which was issued to announce the planned relaunch of the magazine’s website, Penthousemagazine.com.

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