Completes Initial Sale of 17% of its China Business JV to UTG Playboy Makes Initial $15 Million Debt Pay Down with Transaction Proceeds Transaction Advances Asset-Light Strategy and Accelerates Debt Reduction LOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (NASDAQ: PLBY) (the “Company” or “Playboy”), a global pleasure and leisure company, today announced the initial closing of its previously announced transaction to ultimately sell 50% of its China business to UTG Brands Management Group (“UT ...

Completes Initial Sale of 17% of its China Business JV to UTG Playboy Makes Initial $15 Million Debt Pay Down with Transaction Proceeds Transaction Advances Asset-Light Strategy and Accelerates Debt Reduction LOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- Playboy, Inc. (NASDAQ: PLBY) (the “Company” or “Playboy”), a global pleasure and leisure company, today announced the initial closing of its previously announced transaction to ultimately sell 50% of its China business to UTG Brands Management Group (“UT ...