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For example I just worked on Slime City Massacre, and I love the writer/director Greg Lamberson and it was a great opportunity. I had associate produced it so I developed a relationship with Greg long before the film was ever shot, but part of my job as an associate producer, I actually brought myself in to be a local hire, which means I flew myself out, put myself up in a hotel, things like that. When youre going to do it that way, youd better love that project so much because essentially youre going to be losing money, its becomes an investment. So in situations like that, you have to ask yourself things like can I financially afford to do this? or can I emotionally afford to do this? Greg and I now laugh about this, but I was insistent on having hair and make-up. Because my character Nicole was a young prostitute and we were shooting on Hi-Def. As a produce …

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Feelings about the deal in the adult entertainment industry were mixed. Many were optimistic, hoping that the acquisition would signal an opportunity for the industry to break into mainstream finance, showing a maturity that long eluded the skin business. But the zeal was tempered with concern: Nobody could figure out the transaction. Penthouse was universally judged to have overpaid for Various, and the dollars involved left people perplexed. It was clear that outside capital had been pumped into Penthouse to make the acquisition possible, but there didn’t seem to be much value to the approach beyond the opacity afforded by the ailing adult media company.
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By the end of 2008, there was no hope for Penthouse. It had blown through its loan covenants and needed to come up with more than $400 million on short notice. Credit markets were no longer an option, and FFN’s existing investors were ostensibly unwilling to double down on the company. The only choice it had was to go public. So Penthous …

See the full article from “Daily Finance”