Playboy Ups International Stakes

Playboy Entertainment Group Inc. cut a deal with Claxson Interactive Inc. to
take 100 percent ownership of 27 Playboy networks in Europe and Asia.

Claxson will keep a majority (81 percent) stake of Playboy networks in Latin
America and Asia.

The deal settles a $57.5 million programming bill Claxson owed
Playboy.