Penthouse Files for Bankruptcy
Penthouse Global Media, publisher of adult magazine Penthouse and the recently relaunched science fiction and fact magazine OMNI, filed for Chapter 11 bankruptcy in January 2018. The company formed in 2016 when CEO Kelly Holland acquired the Penthouse assets in a management buyout. The company revived OMNI last year, with Pamela Weintraub as editor-in-chief and Ellen Datlow as fiction editor. The Winter 2017 issue appeared in late 2017, and was intended to be the first of an ongoing quarterly schedule. The future of OMNI is currently uncertain.
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