Tuesday, October 13, 2015

A Major Cover Up

It seems that cover ups are everywhere today, even in capital budgeting. Today, Playboy announced that it would no longer publish pictures of nude women. The company, which had a peak circulation of 5.6 million in 1975, has seen its circulation drop to 800,000. A company spokesman stated that with so much free porn available that nudity has become passe. As a result, the company exercised its option to alter the format of the magazine.