David Brenner This is Me

 Web References

1. 1. Forbes.com - Magazine Article

   www.adultwebmasterschool.com/f - [Cached]

   Published on: 3/11/2006   Last Visited: 1/25/2008

   "The adult entertainment industry usually is not badly affected by a wider slowdown," says David Brenner, equity analyst at Ladenburg Thalmann.

2. 2. Adult Entertainment Stocks

   www.ainews.com/Archives/Story1 - [Cached]

   Last Visited: 9/8/2002

   "The adult entertainment industry usually is not badly affected by a wider slowdown," says David Brenner, equity analyst at Ladenburg Thalmann. "The business is recession-resistant, though not recession-proof."
   
   ...
   One of the reasons Playboy fell behind, Brenner claims, is that it had hesitated too long before offering harder-edge content. That's one reason why Playboy bought the competing Spice Channel in 1999. In the coming months, Playboy will launch three new Spice networks, which will be more overt than the original.
   
   Another big player is Barcelona, Spain-based Private Media Group . Last year the company made $6 million in net income. For all of 2001, Brenner expects profits more than twice those of last year.
   
   Brenner notes that Private Media's cable channels are already watched in 24 million homes worldwide, while Playboy's are seen in 26 million. The company is now trying to secure two satellite and cable channels in the U.S. and, if it wins permission, Brenner says he would be even more bullish on the stock.
   
   After four straight years of losses, Houston, Tex.-based Rick's Cabaret , an operator of adult entertainment Web sites, nightclubs, bars and restaurants, eked out a tiny profit of $203,000 on sales of $12.7 million for the fiscal year ended September 2000.
   
   New Frontier Media delivers adult entertainment via cable and satellite as well as through the Internet. For the 12 months ended in December, the Boulder, Colo.-based company reported sales of $58 million, a jump of 13% from the same period the previous year. Shares of New Frontier currently trade 61% below their 52-week high.