PLAYBOY ENTERPRISES, INC. AND SUBSIDIARIES
EXHIBIT 21
SUBSIDIARIES
The accounts of all of the subsidiaries are included in the Company's
Consolidated Financial Statements. Set forth below are the names of certain
active corporate subsidiaries of the Company as of December 31, 1998. Certain
subsidiaries are omitted because such subsidiaries considered individually or in
the aggregate would not constitute a significant subsidiary.
Indented names are subsidiaries of the company under which they are indented:
Percent
Jurisdiction in Ownership
which Incorporated By Immediate
Name of Company or Organized Parent
- ----------------------------------------- ------------------ -------------
Playboy Enterprises, Inc. (parent) Delaware
New Playboy, Inc. Delaware 100%
Playboy Acquisition Corp. Delaware 100%
Spice Acquisition Corp. Delaware 100%
PEI Holdings, Inc. Delaware 100%
Lake Shore Press, Inc. Delaware 100%
Lifestyle Brands, Ltd. Delaware 100%
Playboy Models, Inc. Illinois 100%
Playboy Products and Services
International, B.V. The Netherlands 100%
Playboy Entertainment Group, Inc. Delaware 100%
After Dark Video, Inc. Delaware 100%
Alta Loma Distribution, Inc. Delaware 100%
Alta Loma Entertainment, Inc. California 100%
Cameo Films, Inc. Illinois 100%
Impulse Productions, Inc. Delaware 100%
Precious Films, Inc. California 100%
AdulTVision Communications, Inc. Delaware 100%
Mystique Films, Inc. California 100%
Women Productions, Inc. California 100%
Playboy Clubs International, Inc. Delaware 100%
Playboy Preferred, Inc. Illinois 100%
Critics' Choice Video, Inc. Illinois 100%
Special Editions, Ltd. Delaware 100%
Playboy Shows, Inc. Delaware 100%
Telecom International, Inc. Florida 100%
Playboy Gaming International, Ltd. Delaware 100%
Playboy Gaming Greece, Ltd. Delaware 100%
Playboy Gaming Nevada, Inc. Nevada 100%
Playboy Properties, Inc. Delaware 100%
VIPress Poland Sp. z o.o Poland 84%
Playboy Online, Inc. Delaware 100%