<Page> EXHIBIT 21 SUBSIDIARIES Certain subsidiaries are omitted from this exhibit because, when considered individually or in the aggregate, they would not constitute a significant subsidiary. Indented names represent subsidiaries of the company under the name of which they are indented. <Table> <Caption> Percent Jurisdiction in Ownership which Incorporated By Immediate Name of Company or Organized Parent --------------- ------------------ ------------ Playboy Enterprises, Inc. (parent) Delaware PEI Holdings, Inc. Delaware 100% Spice Entertainment, Inc. Delaware 100% CPV Productions, Inc. Delaware 100% Cyberspice, Inc. Delaware 100% MH Pictures, Inc. California 100% Planet Spice, Inc. Delaware 100% SEI 4 ApS Denmark 100% Spice Direct, Inc. Delaware 100% Spice International, Inc. Delaware 100% Spice Networks, Inc. New York 100% Spice Productions, Inc. Nevada 100% Playboy Enterprises International, Inc. Delaware 100% Alta Loma Entertainment, Inc. Delaware 100% Itasca Holdings, Inc. Illinois 100% Lake Shore Press, Inc. Delaware 100% Lifestyle Brands, Ltd. Delaware 100% Planet Playboy, Inc. Delaware 100% Playboy Canada, Inc. Canada 100% Planet Playboy Brazil Licenciamento De Nomes De Dominio LTDA Brazil 100% Playboy Australia Pty. Ltd. Australia 100% Playboy Clubs International, Inc. Delaware 100% Playboy Preferred, Inc. Illinois 100% Playboy.com, Inc. Delaware 100% Playboy Casino Australia Pty. Ltd. Australia 100% Playboy.com Germany, Inc. Delaware 100% Playboy.com Internet Gaming, Inc. Delaware 100% Playboy.com Racing, Inc. Delaware 100% Playboy.com Internet Gaming (Gibraltar) Limited Gibraltar 100% Playboy.com KGLP, Inc. Delaware 100% SpiceTV.com, Inc. Delaware 100% Playboy Entertainment Group, Inc. Delaware 100% Adultvision Communications, Inc. Delaware 100% After Dark Video, Inc. Delaware 100% Alta Loma Distribution, Inc. Delaware 100% AL Entertainment, Inc. California 100% Andrita Studios, Inc. California 100% Impulse Productions, Inc. Delaware 100% Indigo Entertainment, Inc. Illinois 100% Mystique Films, Inc. California 100% Playboy TV International, LLC Delaware (1) Candlelight Management LLC Delaware 100% 1945/1947 Cedar River C.V. Netherlands 100% <Page> PTVI Limited Cayman Islands 100% Chelsea Court Holdings, LLC Delaware 100% Claridge Organization LLC Delaware 100% Stichting 1945/1947 La Laguna Netherlands 100% Playboy TV - GmbH Germany Germany 100% Playboy TV International B.V. Netherlands 100% Playboy TV UK Limited United Kingdom 100% Playboy TV/UK Benelux Ltd. United Kingdom 100% STV International B.V. Netherlands 100% Precious Films, Inc. California 100% SEI Inc. ApS Denmark 100% Women Productions, Inc. California 100% Playboy Gaming International, Ltd. Delaware 100% Playboy Cruise Gaming, Inc. Delaware 100% Playboy Gaming UK, Ltd. Delaware 100% Playboy Gaming Nevada, Inc. Nevada 100% Playboy Japan, Inc. Delaware 100% Playboy Models, Inc. Illinois 100% Playboy Products & Services International, B.V. Netherlands 100% Playboy Properties, Inc. Delaware 100% Playboy Shows, Inc. Delaware 100% Special Editions, Ltd. Delaware 100% Spice Hot Entertainment, Inc. Delaware 100% SEI 1 ApS Denmark 100% Spice Platinum Entertainment, Inc. Delaware 100% Telecom International, Inc. Florida 100% </Table> (1) Playboy TV International, LLC is 99% owned by Playboy Entertainment Group, Inc. and 1% owned by Adultvision Communications, Inc.