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PLBY Group Announces Strategic Partnership with Byborg Enterprises SA
Oct 31, 2024•over 1 year ago
Contract Type
partnership
Los AngelesLeisureTravel
Description
PLBY Group, Inc. announced a significant strategic partnership with Byborg Enterprises SA, a privately held premium online entertainment company. Byborg Enterprises has agreed to purchase 14.9 million shares of PLBY Group at $1.50 per share, and signed a letter of intent to license certain Playboy digital intellectual property and operate certain Playboy digital businesses, including pursuing new revenue streams and a profit share.
Company Information
Company
PLBY Group
Location
Los Angeles, California, United States
About
PLBY Group, Inc. is a global pleasure and leisure company connecting consumers with products, content, and experiences that help them lead more fulfilling lives.